Get It Off Your Chest

The South African Reserve Bank (SARB) Monetary Policy Committee is set to deliver its latest interest rate decision on Thursday, 23 July, with analysts widely expecting another 0.25% hike that would push the prime lending rate to 10.75%. But with electricity tariffs, fuel costs, and food prices already squeezing household budgets to the limit, is raising rates still the right tool when inflation is driven by global oil and utility hikes? Independent economist John Loos joins the show to unpack the widening affordability gap, why the Reserve Bank is taking this stance, and what another rate increase means for everyday South Africans and aspiring homeowners.