Understanding the interest rate hike

The repo rate has increased by 25 basis points to 4%. Reserve Bank Governor Lesetja Kganyago today announced the MPC's decision in Pretoria. He said inflation was a problem driven by higher oil and food prices. To discuss the recent hike, we speak to Mpho Molopyane, an RMB Economist. <a href="https://www.kaya959.co.za/">Kaya 959 Website</a>