NOKWANDA MATHENJWA | Structural changes are needed to grow the economy

What new instruments can be deployed to address the perpetual threat of unemployment, poverty and inequality?

23 April 2024 - 08:54 By Nokwanda Mathenjwa

The South African Reserve Bank (SARB) kept the interest rate unchanged at 8.25% at its Monetary Policy Committee meeting on March 27. A continued restrictive monetary policy to curb inflationary pressures means the cost of credit increases, and consumers have less income to save, thus negatively affecting their spending...

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