Economists flag likelihood of another interest rate hike for SA

The original article can be found here.

Article highlights:

  • SARB governor Lesetja Kganyago is expected to announce the interest rate decision on Thursday.
  • While economists agree there will be a rate hike, they are split on whether the country can expect a 25 or 50 basis points increase.
  • Following the last meeting in November, the repo rate was by 75 basis points. It currently stands at 7%.