WATCH: Difficult to predict when rate hikes will end, Lesetja Kganyago says
Reserve Bank governor Lesetja Kganyago joined Business Day TV to discuss the issue in detail
20 April 2023 - 14:11
Over the past two years, central banks around the globe have been hiking interest rates in a bid to tame rising inflation. SA has seen its ninth consecutive rate hike since November 2021.
That is amid muted growth, which will be further worsened by Eskom’s severe power cuts. In turn, the ailing economy will have a hard time digesting more interest-rate pain. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.