 Hopes of a rate cut have faded as the conflict in the Middle East, which has entered a fourth week now keeps oil prices elevated. The South African Reserve Bank is widely expected to keep the repo rate unchanged at 6.75 percent tomorrow as central banks adopt a more hawkish view. This comes amid rising inflation risks driven by the sustained high oil prices following the closure of the Straight of Hormuz. SABC News Economics Reporter Nosipho Radebe has the story…

<p>&nbsp;Hopes of a rate cut have faded as the conflict in the Middle East, which has entered a fourth week now keeps oil prices elevated. The South African Reserve Bank is widely expected to keep the repo rate unchanged at 6.75 percent tomorrow as central banks adopt a more hawkish view. This comes amid rising inflation risks driven by the sustained high oil prices following the closure of the Straight of Hormuz. SABC News Economics Reporter Nosipho Radebe has the story&hellip;</p>

An English news and current affairs wrap with a fresh take on the day’s top stories, hosted by the seasoned journalist Tsepiso Makwetla.

<p>An English news and current affairs wrap with a fresh take on the day&rsquo;s top stories, hosted by the seasoned journalist Tsepiso Makwetla.</p>