Picture: MARTIN RHODES
Picture: MARTIN RHODES

The Reserve Bank announced on Thursday that its monetary policy committee has decided to increase interest rated by 25 basis points. 

This is the first rise in two years.

Stanlib chief economist Kevin Lings, Investec economist Tertia Jacobs and Lumkile Mondi, senior lecturer at the Wits School of Economics and Business Science, joined Business Day TV to discuss the implications of the rate increase.

Stanlib chief economist Kevin Lings, Investec economist Tertia Jacobs and Lumkile Mondi from the Wits School of Economics and Business Science talk to Business Day TV