Rates rise affects BEE - experts

Story date: 2007-10-13 05:17:00
Added on: 2007-10-13 15:00:21

Beeld - Zungu's comments came after the Reserve Bank announced a 50 basis points increase in the repo rate to 10.5%, prompting banks to raise their prime lending rates to 14% this week. Interest rates have been hiked up by a total of 350 basis points since ...


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