The Money Show: Reserve Bank trims key rate by 0.25% to to 7.75% stresses tough backdrop
Stephen Grootes speaks to Xhanti Payi, an Economist at PWC about the South African Reserve Bank's surprise move to cut the repo rate by 25 basis points to 7.75%, effective Friday, and what this decision means for the economy, amidst a cautious outlook due to global interest rate fluctuations and the recent rand depreciation.
In other interviews on the Money Show, we unpack the wisdom of hindsight: what seasoned investors wish they knew about equity investing at 21, and the valuable lessons they've learned by 45.
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Information
- Show
- FrequencyUpdated daily
- Published21 November 2024 at 18:22 UTC
- Length1h 21m
- RatingClean