Consumers face toughest economic times
Chief economist at Econometrix Azar Jammine says these are the toughest economic times that consumers have dealt with since the COVID-19 stringent lockdown restrictions were implemented. His statement comes ahead of the South African Reserve Bank (SARB)’s Monetary Policy Committee’s (MPC) expected announcement to raise interest rates, possibly by 25 or 50 basis points on Thursday afternoon. Jammine says Eskom’s rolling blackouts have made life even tougher. “On top of that, […]
