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    Josia Shigwedha

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    Josia Shigwedha

SA Reserve Bank

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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 […]

today26 January, 2024