Repo rate cut is cold comfort for embattled consumers, says debt expert
22 September 2024 - 05:38
The South African Reserve Bank’s decision to cut the repo rate by 25 basis points to 8% might have come too late for households buckling from debt, rising costs and a looming electricity tariff hike.
Debt Rescue CEO Neil Roets said households would require more interventions to realise relief...
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