Senior Agricultural Economist
Further relief for the agriculture sector after the SARB’s surprise repo rate cut of 100 basis points
Comment by Paul Makube, Senior Agricultural Economist at FNB Agri-Business In a surprise move earlier today (14/4/20), the South African Reserve Bank (SARB) cut its repurchase rate by 100 basis points to 4,25% which brought the prime lending rate to 7,75% effective from 15 April 2020. With growth expectations[...]