Its All about the money - Reserve bank cuts Repo rate by 25 points
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Patricia Malemia had a chat with our resident Economist Sizwe Mbele about Repo Rate announcement.
The South African Reserve Bank’s Monteary Policy Committee has elected to cut the prime lending rate for the first time since March 2018, by 25 basis points, to 6.5%.
The South African Reserve Bank’s Monteary Policy Committee has elected to cut the prime lending rate for the first time since March 2018, by 25 basis points, to 6.5%.
