SARB HIKES REPO FOR FIRST TIME IN THREE YEARS

| Dineo Faku
BUSINESS


THE SA Reserve Bank’s (SARB) this week hiked the repo rate by 25 basis points to 3.75 percent placing the prime lending rate at 7.25 percent. The repo rate hike is the first in almost three years. Reserve Bank Governor Lesetja Kganyago said South...

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