Reserve Bank MPC interest rate announcement

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Reserve Bank MPC interest rate announcement


Governor Lesetja Kganyago deliverS the MPC statement.

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13 Comments

  1. 😂😅 This old man is teaching South Africans by force to be economist citizens, 25 basis points drop is nothing as compare from the triple 25 basis points that you put up last year 🙄 sesobekezela nje ngoba umdala kulento kodwa sifile yindlala..

  2. Something wrong with this arrangement. When fuels and food prices decrease because of inflation, the repo rate is also decreased, which means when everything everything becomes expensive for the people so do the loans repayments, to the benefit of nobody but the banks and shareholders.

  3. Gentleman asked abt y the GDP growth progectry isn't pumped up as the loadsheding is suspended… they blamed loadsheding for the slow growth. Now the loadsheding has been suspended for a while, but the GDP is not growing even the reserve bank isn't trusting the GDP to grow.. Loadsheding was just being used to push a curtain narrative

  4. Combating inflation in a country like South Africa, which has one of the highest levels of income inequality on earth is challenging, but these fools have no solutions to this but to have a rather conservative approach.