Explore the Category
The latest 50 basis point interest rate hike has a potentially limited dampening impact on the commercial property market strength.
“The surprise 50bps increase, resulting in a repo rate of 7.75%, comes at a time of renewed global volatility, with the strain in the banking sector in developed economies partly due to the post-pandemic interest rate hike cycle.
The Monetary Policy Committee (MPC) decided to increase the repo rate by 50 basis points to 7.75%. Short-term interest rates have now increased by 4.25% since the low of 3.5%.
PwC South Africa is pleased to share its third South Africa Economic Outlook report for 2023.
What can retirement funds do to improve client-adviser engagement during members’ employment years?