SIMON BROWN: High rates and debt should influence what you buy on the JSE
If you’re keen on really understanding a company’s health, get a handle on its debt first
20 July 2023 - 05:00
High interest rates are bad for consumers with debt but great for savers as they earn a nice yield for their efforts.
With a business, it’s largely the same and it’s worth understanding as local rates sit at decade highs and aren’t expected to start coming down until next year. By then it would have been over two years since the Reserve Bank started the increases in November 2021. ..
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