Sunday Tribune

No reprieve for consumers with another rate hike predicted

OUTLOOK

IT DOES not rain but pour for South African consumers, as another interest rate hike has been predicted for the next South African Reserve Bank’s (SARB) Monetary Policy Committee Meeting (MPC), due to take place at the end of the month.

The Ides Of March came quickly for consumers, who had to deal with a massive fuel price increase while businesses contended with the rolling blackouts imposed by ailing state owned power

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