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Borrowing and logistics costs add fresh strain on SMEs
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Borrowing and logistics costs add fresh strain on SMEs
Business owners are watching monetary policy closely after Reserve Bank Governor Lesetja Kganyago warned that inflation risks cannot be ignored. Any further increase in interest rates would raise repayment costs for SMEs using overdrafts, vehicle finance, credit lines or property-backed facilities, placing additional strain on businesses already managing thin margins. At the same time, Transnet Port Terminals is introducing a new fuel-related ch…
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