CLAIRE BISSEKER: More rate hikes reflect the government’s failures, not the Bank’s
The central bank is just as exasperated as the rest of us over the severe lack of nous
23 May 2023 - 05:00
SA’s next inflation release and the Reserve Bank’s May interest rate decision are both due this week and with more bad news likely, the risk is growing that SA is headed for a hard landing.
It is hard not to despair about SA. Sheer incompetence, corruption and hubris have destroyed our growth prospects through rolling blackouts, soaring crime, and collapsing infrastructure, and now to top it all — international disapprobation...
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