What does the interest rate cut mean for people with money offshore?
By: Natasha Archary Image: Adobe Stock The South African Reserve Bank (SARB) cut the repo rate by 25 basis points to 8%. The drop means the prime lending rate will also drop to 11.50%. Harry Scherzer, CEO of FutureForex joins Refilwe Moloto on Kaya Biz to discuss what this means for people with money offshore. For the first time since the height of the Covid-19 pandemic, SARB cut the prime […]