Plain and simple solutions to complex matters rarely produce effective results. Interest rate adjustments are a case in point and have proved to be an instrument that is blunt on its own.
There is a lot of media interest and speculation about what the SA Reserve Bank’s (SARB) next decision on interest rate hikes will be, but one thing is for sure: the SARB will do almost anything to protect the value of the rand through keeping inflation within their set inflation band of 3 – 6%. But that is not the real issue here.
Together with the ministers of finance and employment and
