Repo rate cut likely as inflation drops to 3.8%
Consumer price inflation in South Africa has decreased for the fourth consecutive month, reaching 3.8% in September. The drop is largely attributed to lower fuel prices, sparking discussions about the potential for further reductions in the repo rate in November. Furthermore, Finance Minister Enoch Godongwana is also set to deliver the Medium-Term Budget Policy Statement, adding to the anticipation. Speaking on VOC’s NewsBeat on Thursday, Associate Professor Heinrich Bohlmann from […]