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South Africa inflation falls to 3% in February

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POWER Business is on every week with Nosipho Radebe, offering a wrap-up of the day’s business news, analysis of market trends and advice on all money- 
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The big economics story of the day, inflation slowed to 3% in February, from 3.5% the previous month However, a month ago, it looked quite clear the reserve bank would be cutting rates but now that is extremely unlikely given the higher oil prices and the weaker rand. Tehillah Niselow spoke to Patric Kelly Chief Director, responsible for Price Statistics.

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