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No relief for South Africans: Interest rates frozen as global, domestic risks mount - Editors Picks

Summary by NOW in SA
JOHANNESBURG, 20 March 2025 — South African consumers and businesses hoping for a reprieve from high borrowing costs were left disappointed on Thursday. This as the South African Reserve Bank (SARB) held interest rates steady at 7.5%, (see full report here) prioritising global trade volatility and domestic fiscal gridlock over calls for economic relief. The decision, announced by Governor Lesetja Kganyago at a briefing north of Johannesburg on T…
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NOW in SANOW in SA

No relief for South Africans: Interest rates frozen as global, domestic risks mount - Editors Picks

JOHANNESBURG, 20 March 2025 — South African consumers and businesses hoping for a reprieve from high borrowing costs were left disappointed on Thursday. This as the South African Reserve Bank (SARB) held interest rates steady at 7.5%, (see full report here) prioritising global trade volatility and domestic fiscal gridlock over calls for economic relief. The decision, announced by Governor Lesetja Kganyago at a briefing north of Johannesburg on T…

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NOW in SA broke the news in on Friday, March 21, 2025.
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