More interest rate pain ahead as Kganyago says SA must learn from first-world problems

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SARB governor Lesetja Kganyago.
SARB governor Lesetja Kganyago.
Photo: Getty Images

Adding to other pressures on household budgets – including rocketing fuel and food prices – the SA Reserve Bank’s (SARB) modelling indicates that interest rate hikes in the coming months may be steeper than previously expected.

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