Africa in BusinessAfrica in Business

South Africa economic analysis

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Hard pressed South Africans are hoping for some form of financial relief when the South African Reserve Bank's (SARB's) Monetary Policy Committee (MPC) makes its announcement. This is the second time the MPC is meeting this year. In their first gathering of the year in late January, the central bank elected to keep the repo rate at 8.25% while the current prime lending rate stayed at 11.75% . For more on this, Thami Ngubeni spoke to Chief Economist at Econometrix, Dr Azar Jammine.

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