For more reaction to the decision of the Reserve Bank, we are joined by Maudi Lentsoane, Managing Director of Lehumo Investments. The Reserve Bank Governor Lesetja Kganyago has cut the repo rate by 25 basis points. The Bank has cut rates aggressively in a bid to try and breathe some life into an economy on life support amid the coronavirus lockdown.
For more news, visit sabcnews.com and also #SABCNews, #Coronavirus, #COVID19, COVID-19 News on Social Media.
From: SABC News