Reserve Bank had good reasons to keep the repo rate steady

Given the sticky inflation, consumers will have to wait a little longer to get relief from interest rate cuts

26 November 2023 - 00:00

By Isaah Mhlanga

Headline consumer price inflation (CPI) for October surprised to the upside, jumping to 5.9% year on year, up from 5.4% in September and higher than the market expectation of 5.6%.

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