Tough times ahead as interest rates are likely to rise through the year

Borrowing costs up, along with inflation and unemployment

15 January 2023 - 00:01

The Reserve Bank is expected to continue hiking the repo rate this year and economists expect a maximum increase of 75 basis points (.75%), starting with a possible increase of 25 basis points later this month. ..

There’s never been a more important time to support independent media.

From World War 1 to present-day cosmopolitan South Africa and beyond, the Sunday Times has been a pillar in covering the stories that matter to you.

For just R80 you can become a premium member (digital access) and support a publication that has played an important political and social role in South Africa for over a century of Sundays. You can cancel anytime.

Already subscribed? Sign in below.



Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.