By Jurina Nkwazi
3 January 2011
Consumers might see another interest rate cut later this month.
According to economists, the current strength of the Rand will be attributed to South Africa’s currency gaining 10-percent against the US dollar last year.
Standard Bank economist, Johan Botha, says the outlook for this year is fairly positive, meaning consumers might be able to breathe a sigh of relief.
3 January 2011
Consumers might see another interest rate cut later this month.
According to economists, the current strength of the Rand will be attributed to South Africa’s currency gaining 10-percent against the US dollar last year.
Standard Bank economist, Johan Botha, says the outlook for this year is fairly positive, meaning consumers might be able to breathe a sigh of relief.
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