Financial gurus say it is time to raise the red flags after massive interest rate hike
Written by Ashley Lechman Following the South African Reserve Bank hiking the repo rate by 75 basis points yesterday, many of the country’s financial market gurus are fearing the worst. The Sarb’s Monetary Policy Committee (MPC) increased its benchmark interest rates for a fifth time in a row, this time by 75 basis points to […]
Repo rate up sharply
By Ina Opperman The repo rate has been increased by 75 basis points (BPS) to 5.5%, the steepest hike since September 2002. Many economists believed it would be increased by 50 basis points, in line with the last few hikes, but it seems after the high inflation rate increase, it had to happen. The banks’ […]
Rentekoers skok, maar o, so nodig
Ekonome weeg in oor wat kan oorlê By Hanlie Stadler Die Reserwebank is vasgevang tussen verskillende draaikolke, maar kritiek op die sentrale bank dat hoër rentekoerse die ekonomie gaan knou, is volgens ekonome misplaas. Die werklike sondaar wat ekonomiese groei kniehalter, is nie hoer rentekoerse nie, maar “Eskom se onvermoë om volhoubaar krag op te […]
Jacaranda FM talks to Neil Roets about good and bad debt
Money Moves: How Financially Fit Are You? (Free Download)
How financially fit do you believe you are? Download the checklist and let us know in the comments what your plans are to get even more financially fit. Subscribe to Money Moves by Debt Rescue! Like, comment, and tell us which money topics you want next — start improving your financial fitness today!