Editorial | Interest rates: South Africans caught between a rock and a hard place

31 Mar

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While the country’s citizens feel the squeeze, it is up to our leaders to boost economic growth and investment.

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For South Africans feeling the tightening squeeze of high interest rates, the unanimous decision taken by the Reserve Bank’s monetary policy committee (MPC) this week to keep the repo rate unchanged at 8.25% is most unwelcome.

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