WATCH: Why the Bank cut rates for the first time in more than a year
A panel of experts talk to Business Day TV about the Reserve Bank’s decision to cut rates
Reserve Bank governor Lesetja Kganyago announced the first interest rate cut in more than a year — a unanimous decision to cut by 25 basis points.
Investec treasury economist Tertia Jacobs; Absa’s head of retail investment specialists, Tsitsi Hatendi-Matika; and Wits School of Economics and Business Science senior lecturer Lumkile Mondi joined Business Day TV to discuss the Reserve Bank’s decision to cut rates. ..