Khaya Sithole | The great financial squeeze is far from over | Business

📆 26/05/2023 03:52 م
📰 News24

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With an unabated cost-of-living crisis, the squeeze on incomes has not been limited to the most marginalised. Hopes and prayers in the absence of solid effort by fiscal policymakers is nothing more than a waste of time, says Khaya Sithole.

This week, the South African Reserve Bank again increased interest rates, with the rand reaching a record low as the MPC signalled the hiking cycle may be drawing to a close.

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