The SA Reserve Bank is forecast to leave interest rates unchanged on Thursday when its monetary policy committee meets for the last time in a year that has seen the Bank act swiftly to cushion the economy amid the Covid-19-induced recession.

Since the onset of the pandemic crisis in March, the Bank has slashed rates to 3.5% — the lowest policy rate implemented by the bank in almost half a century — including one unscheduled meeting in April during the severest phase of SA’s lockdown...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now