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Reserve Bank hikes interest rate for first time since 2023 as oil shock, inflation risks mount
South African Reserve Bank raises interest rate to 7%, warning that oil shocks, food inflation and global instability could drive prices higher
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iol.co.za
Consumers brace for June squeeze as rate hike looms and fuel relief ends
South African consumers may face a challenging June as the Reserve Bank is expected to raise interest rates amidst rising inflation and the gradual removal of fuel levy relief,…
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More woes for consumers as interest rate hike looms and fuel levy relief comes to an end
Consumers are bracing for a challenging June as the Reserve Bank is poised to raise interest rates, coinciding with the end of fuel levy relief, further straining already tight…
