Ray White speaks to Isaah Mhlanga, Chief Economist and Head of Research at Rand Merchant Bank, about the Reserve Bank’s decision to raise the repo rate by 25 basis points to 7.25%, taking the prime lending rate to 10.75%. The hike comes as South Africa’s economy contracts while renewed fuel-price pressures push inflation higher, with the SARB warning that prolonged energy shocks could trigger broader second-round inflation effects.
The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.
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