PSA urge reserve bank to consider further reductions in repo rate
To boost demand and economic activity, the Public Servants Association (PSA) is pleading with the South African Reserve Bank to consider more repo rate decreases. The Reserve Bank lowered interest rates by 25 basis points last week. Speaking across VOC's airwaves, acting Deputy General Manager at the PSA Claude Naiker has urged the government to enact laws that specifically address the workers' cost-of-living crisis. “A stable political environment remains key […]