South Africa’s central bank has kept its benchmark interest rate unchanged at 8.25 per cent in a split decision for the first time since September. Four members during the Thursday meeting of the Monetary Policy Committee (MPC) preferred an unchanged stance and two opted for a 25-basis-point rate cut. The Committee expressed concern for most…...
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South Africa leaves key interest rate steady at 8.25%
Lesetja Kganyago, Governor of the South African Reserve Bank's (SARB). © DR
Muthoga Mungania
Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.
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