22 Jan

Should you fix your interest rate

Maya Fisher-French.

Share your Subscriber Article

You have 5 articles to share every month. Send this story to a friend!

0:00

Economists predict that we will see rate hikes at every MPC meeting this year, which means the prime lending rate could end the year at 8.25%. Photo: Supplied/Archive

BUSINESS

Back home we have already seen an uptick in inflation with our annual consumer price inflation climbing to 5.9% in December 2021 – the highest annual increase since March 2017 when the rate was 6.1% largley driven by food and non-alcoholic beverages, housing and utilities and transport.

Support independent journalism

Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

Already a subscriber? Sign in

Next on City Press

How to use your medical tax credits to cover your medical expenses

22 May