Sarb announces first rate cut in over a year

Reserve Bank Governor, Lesetja Kganyago announced the first interest rate cut in over a year - a unanimous decision to cut by 25 basis points. A panel of experts joined Business Day TV to unpack the thinking that may have gone into that decision, Tertia Jacobs, Treasury Economist at Investec, Tsitsi Hatendi-Matika, Head of Retail Investment Specialists at Absa and Lumkile Mondi, Senior Lecturer at the Wits School of Economics and Business Science.
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