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Repo rate hike tightens noose on SA’s struggling economy
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Repo rate hike tightens noose on SA’s struggling economy
South Africa’s agricultural sector faces a tightening financial squeeze after the Reserve Bank hiked the repo rate to 7%. Coming alongside relentless fuel increases, the hike pressures a sector already battling high input costs, low commodity prices, and looming El Niño forecasts. Repo rate hike tightens noose on SA’s struggling economy appeared first on Food For Mzansi
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