Consumers Facing Toughest Times Yet, Economist Warns - South African News Briefs -... allafrica: SouthAfrica
. An expected interest rate hike of between 25 and 50 basis points, combined with rolling power cuts, has led Jammine to suggest that downward economic pressure can be expected in the short term.
Similarly, Chief Economist at Investec, Annabel Bishop, warned that continued inflation may lead to additional interest rate hikes.An electricity tariff hike of 18.65% granted by the National Energy Regulator of South Africa has caused outrage among consumers and even prompted
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