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‘Economic madness’ to hike borrowing costs, experts warn

Reserve Bank gets flak for rate decision — but some call it the right move

24 July 2022 - 00:05 By DINEO FAKU and NICK WILSON

Poverty alleviation groups, Cosatu and some economists have condemned the decision by the central bank to hike borrowing costs, in one case calling it “economic madness”. ..

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