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Central bank cuts repo rate by 100 basis points

In line with market expectation, the Reserve Bank has cut the repo rate by 100 basis points to 5.25% per annum, Governor Lesetja Kganyago announced on Thursday.

“The MPC decided …

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Regulations to curb stockpiling, price hikes released

Government has imposed regulations that will limit unjustified price hikes and product stockpiling, to protect consumers, as the number of COVID-19 pandemic cases rise to 150.

The regulations, announced by …

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