MPC will take the latest inflation numbers into account as it deliberates on interest rates

Monetary Policy Committee will take the latest inflation numbers into account as it deliberates on interest rates this week. Economists are divided on if the Reserve Bank will start tightening South Africa’s fiscal policy this week. The bank’s Monetary Policy Committee will announce its decision on the interest rate on Thursday. It could be the first time in 3 years that the repo rate could rise in an economy struggling to rebound from Covid-19. To discuss this we are joined by Chief Economist at the Bureau for Economic Research, Hugo Pienaar and Chief economist at Don Consulting Group Chifipa Mhango.


Tune into Newzroom Afrika, DSTV channel 405 for more details.