The Reserve Bank is expected to further increase interest rates on Thursday. Analysts say the central bank won’t back down just yet on its hiking cycle, which began in November 2021.
Inflation is slowly dipping, but at 7.2%, it remains well above the bank’s target band. SARB’s Monetary policy Committee uses interest rates to curb inflation.
Consumers were hit with consecutive rate hikes at every announcement last year. The prime lending rate at retail banks is currently at 10.5%.
Source: eNCA
In other news – SA policewoman records herself forcing her son to have tlof tlof
After all, all we want is justice for this young boy for what his alleged mom made him do! No mother could watch this two-minute video without becoming enraged.
The video taken by the n@ked mum herself, shows her forcing her son to have s.e.x with her. Even when he says, “I can’t do it,” she won’t let him get away. Learn more
