Reserve Bank green-lights interest rate lift-off - The Mail & Guardian

Delivering the MPC statement on Thursday, Reserve Bank governor Lesetja Kganyago said the decision to lift the repo rate, which affects the cost of borrowing, was not taken in an effort to pre-empt moves by advanced economies to snuff out elevated inflation in their countries.

I fear for those consumers who bought cars with linked interest. They should start negotiating with the banks ..keep the instalment the same and extend the repayment period

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WATCH | MPC2021 | Reserve Bank to decide on interest ratesWhether or not the Monetary Policy Committee increases the interest rate this week, some experts believe consumers will be digging even deeper into their pockets soon enough. A year ago my wife killed my second born and then committed suicide. I'm left with my first born ( 4 years old). I'm unemployed and in my struggle to find employment she slept hungry last night night. Please assist us with any food donation🙏🏻. For my baby girl💔 We need another massive strike to have these useless ministers act quicker to the current state we are in. High fuel prices, cost of living up and now more dept to more taxes to more corruption.
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JSE likely to take a breather after reaching record highsAll eyes are on the Reserve Bank, which could opt to raise interest rates after its meeting on Thursday afternoon
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