COST-OF-LIVING WOES
South African Reserve Bank (SARB) Governor Lesetja Kganyago affirmed this past week that the repo rate will hold steady at 8.25%, in line with predictions by analysts and economists across the country, based on inflation for February coming in higher than anticipated.
This dispelled hopes that the SARB would consider cutting interest rates any time soon, with May the earliest the central bank could consider interest rate cuts.
Kganyago has made it clear that the
