The Reserve Bank announced a 75 basis point increase in the repo rate.
This pushes interest rates charged by banks up to 9%.
Source: eNCA
In other news – Huge blow for viewers as actress Jessica Nkosi dumps The Queen
Actress Jessica Nkosi has bid goodbye to The Queen. Her character, Thando, appeared in the telenovela for the last time on Friday, 22 July, when she died in a shoot-out.
Thando was a fan favourite because of her violent nature and loved guns. Learn more
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