The world really has gone mad. Not only has SA Reserve Bank governor Lesetja Kganyago now implemented a second 100 basis point interest rate cut within a month, he did so in shirt sleeves, from home, over the Internet, after announcing the fact on social media first.

At the risk of using this month’s most overused word, it’s, well, unprecedented. And the way you treat the resulting cash windfall also needs to be different...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now