What the unchanged interest rates mean for consumers

The Monetary Policy Committee of the South African Reserve Bank has kept interest rates unchanged. The current Repurchase Rate of 3,5% is the lowest in recent history. Although economic recovery was tracking well, recent events may put growth at risk again.

EO of Old Mutual Finance, Jan Moganwa, explains what this means for consumers.

Tune into Newzroom Afrika on DSTV channel 405 for more.

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