insert_link South Africa South African Federation of Trade Unions is not surprised by the Reserve Bank’s Monetary Policy Committee’s decision to leave the repo rate unchanged The South African Federation of Trade Unions is not surprised by the Reserve Bank’s Monetary Policy Committee’s decision to leave the repo rate unchanged at 8.25-percent. This is the fourth hold since May last year. Saftu’s spokesperson, Trevor Shaku, says it was clear that the committee was going to leave the repo rate unchanged, precisely because they operate by incentivising those who trade in money to hold onto Rands, to […] todayJanuary 26, 2024 16
