Interest rate hiked, SuperSport loses IPL, Mbeki lashes ANC: Here are AdriaanBasson's top reads of the day.
In an unexpected move, the SA Reserve Bank's monetary policy committee hiked interest rates by 50 basis points to 7.75%. SA Reserve Bank has hiked interest rates by 50 basis points to 7.75%,
taking the prime rate to 11.25% - the highest level since 2009. Reserve Bank governor Lesetja Kganyago said inflation pressures remain a risk and that load shedding was pushing up the cost of living.if it didn’t stop making “mistakes” and protecting people accused of corruption. Mbeki addressed a 17-page letter to ANC deputy president Paul Mashatile, because of President Cyril Ramaphosa’s role in the Phala Phala scandal.
Residents of suburbs like Yeoville, Bezuidenhout Valley and Bertrams in Johannesburg were left without water for hours after aAccording to Joburg Water the leak happened during planned maintenance of the Yeoville reservoirs.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bombshell for SA cricket fans as SuperSport confirms no IPL broadcast in 2023 | SportThe 2023 Indian Premier League will not be screened on South African television after SuperSport could not secure broadcast rights for this year's tournament. | Sport24news
Read more »
Mbeki slams ANC for thwarting probes of Phala Phala and EskomFormer president says the ruling party’s actions suggest it has something to hide and doesn’t want parliament to find out
Read more »
ANC is wrong to absolve Ramaphosa from Phala Phala scrutiny - Mbeki | City PressMbeki warned the ANC was running the risk of being alienated from its support base through its protection of Ramaphosa.
Read more »
ANC to meet Mbeki over letter slamming decision to block Phala Phala probeThe ANC will seek a meeting with former president Thabo Mbeki to explain a letter that appears to question the party’s decision to “protect at all cost” President Cyril Ramaphosa on the Phala Phala scandal.
Read more »
Reserve Bank surprises by hiking rates by 50 basis pointsThe South African Reserve Bank has hiked interest rates by 50 basis points.
Read more »
IPL benefits must not come before international game, says RabadaProteas' superstar says truest form of the game is Test cricket, as he joins full-strength squad against the Netherlands
Read more »