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The South African Reserve Bank’s Monetary Policy Committee (MPC) made good on predictions of a 25 basis point increase to the Repo rate, which takes the prime lending rate to 10.25%. “Clearly there are still inflation risks which may incline the MPC towards continuing on a

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A 25 basis point interest rate hike is expected this week when the South African Reserve Bank’s Monetary Policy Committee meets. This would take its policy Repo Rate from 6.5% to 6.75%, and Prime Lending Rate of major banks from 10% to 10.25%. This call has

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