Last week’s decision by the South African Reserve Bank to cut the repo rate by 25 basis points was welcome news for businesses hungry for relief. For many entrepreneurs it reignited hopes of easing liquidity, more accessible finance, and fresh growth opportunities.
But while this rate cut may slightly loosen the purse strings, it’s by no means a magic wand. If anything, it reminds us that the real problem isn’t a lack of funding but the lack of fundable businesses...
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