SA Reserve Bank

The Institute for Race Relations has slammed Cosatu for claiming that businesses were more concerned about getting the economy going than about the health implications of Covid-19. Cosatu’s, Bheki Ntshalintshali, commented that the move to level three lockdown must not only be done in the interest of business. The IRR’s, Sara Gon, says this type […]

The South African Reserve Bank has cut the repo rate by another 50 basis points. The announcement was made by Reserve Bank Governor Lesetja Kganyago at a media briefing. Last month the central bank cut the repo rate by 100 basis points. The cut is expected to give a big relief to businesses and consumers […]

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