Gauteng economic activity slows as rates bite

Story date: 2007-10-23 05:34:00
Added on: 2007-10-23 06:00:42

Engineering News - The current slowdown can be seen as a soft landing. Nine years ago we experienced a hard landing when interest rates were hiked from 18,25% to 25,5% over four months. The current interest rate cycle is more measured and the experience is not as ...


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