The South African Reserve Bank (SARB) Monetary Policy Committee has voted to cut South Africa’s interest rates by 25 basis points.
This takes the repo rate to 6.75% and the prime lending rate to 10.25%. The decision was unanimous.
Reserve Bank governor Lesetja Kganyago said that while inflation has ticked higher, it is due to non-core items and temporary shocks, like in the red meat market.
“We continue to see this pressure as temporary, with inflation heading lower again from the beginning of next year. Indeed, recent…
Mountains: The Drakensberg mountain range is the highest in Southern Africa,
with peaks reaching over 3,400 meters.

Athena Star
Why’d the blonde math major only apply to colleges in South Africa? She wanted to attend a party school where she couldn’t fail at integrating.
2Nd Hand Joe
Jislaaik – an expression of surprise [yis-liike] This is usually said when trying to express surprise or wonder.Example: “Jislaaik, you gave me a fright!”