Ray White

EWN default image new logo

News Feed

Reserve Bank keeps repo rate unchanged at 3.5%

Prior to Thursday's announcement, the bank's Monetary Policy Committee had cut the repo rate by 275 basis points this year to try and counter the effects of negative growth due to COVID-19.

SABC temporarily halts retrenchment procedures

Earlier on Tuesday, the SABC’s News Channel saw a break in broadcasting with presenters refusing to go on air as the corporation faces retrenchments. They called for management to step down.