The South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) voted to keep interest rates on hold on Thursday, 21 September.
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Sarb likely to hold rates steady, but fuel and food prices remain a concernWith inflation braking, the South African Reserve Bank looks set to keep its key repo rate on hold at 8.25%, and the prime lending rate at 11.75%, when its Monetary Policy Committee wraps its next three-day meeting on Thursday, 21 September.
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South Africans convicted for breaking Covid-19 rules could have criminal records scrappedThousands of people were slapped with criminal records following their conviction for not wearing masks or smoking.
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South Sudan: The Looming Collapse of Peace in South SudanAnalysis - South Sudan's President, Salva Kiir, is currently in the United States waiting to address the 78th session of the United Nations General Assembly (UNGA). Kiir is expected to deliver his speech on or around the 21st of September 2023. What he plans to tell the world leaders is anyone's guess. But one thing is clear: Kiir is determined to deliver a speech designed to portray himself as a leader who champions peace in his country--and who in his mind, is ready to contest in the upcoming 2024 general
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Despite lower food prices, August inflation saw a slight increaseMunicipal rates in South Africa increased this year, with electricity tariffs increasing the most.
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