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SA central bank set to keep interest rates unchanged | IOL Business ReportSouth Africa's central bank is likely to keep interest rates unchanged on Thursday as inflation remains contained within target.
Source: IOL - 🏆 46. / 51 Read more »
WATCH: SA Reserve Bank hikes interest rates | IOL Business ReportThe SARB Governor Lesetja Kganyago announced that the interest rate for SA would be increased by 25 basis points. RepoRate 😳😟 yeses uNyusizinto at it again 😢😢😢ngidisemba! Saze salamba bo! Reserve Bank tricks consumers to spend via credit by reducing interest rates and as a result of the lowered interest rate, savings decline, while consumption and investment go up, setting into motion an economic boom. However, this boom turns into bust because of SARB
Source: IOL - 🏆 46. / 51 Read more »