In January 2022, the South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) continued the interest rate hiking cycle, increasing the repo rate by another 25 bps to 4%. Although the decision was not unanimous, with four members of the MPC preferring an increase in rates and one voting for rates to remain unchanged, it has become clearer that the MPC intends to increase interest rates from historically low levels.

If cant open, read it here