Calls mount for SARB to cut repo rate amid rising cost of living

As South Africans grapple with the high cost of living, calls are growing for the South African Reserve Bank (SARB) to cut the repo rate by 25 basis points when it announces its decision on Thursday (20 March). On Wednesday, Statistics South Africa (StatsSA) revealed that consumer inflation held steady in February at 3.2%, unchanged from January. This has reignited debates on whether the central bank should provide relief by […]