Government welcomes repo rate cut
September 20, 2024
Government has welcomed the announcement by the South African Reserve Bank to cut the repo rate by 25 basis points to 8%.
The drop
Government has welcomed the announcement by the South African Reserve Bank to cut the repo rate by 25 basis points to 8%.
The drop
Cabinet has welcomed the positive economic indicators following the slight growth in the country’s gross domestic product (GDP), slowing inflation and the drop in