Interests rates will be kept on hold at 3-point 5 percent. That was the announcement by Reserve Bank Governor Lesetja Kganyago. It was the bank’s Monetary Policy Committee last meeting for the year. Inflation is expected to remain contained over the medium term. The MPC also revised the year’s growth projection to -8%.

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Smile Staff Reporter
Smile Staff Reporter

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Cosatu and its affiliate the Communication Workers Union has demanded the SABC retract dismissal letters issued to workers. The organisations addressed the media at Cosatu House in Braamfontein,, where they announced strike action from Friday should their demands not be met.
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