SARB decision lays a path to transition from emergency measures – but how does this impact your stock market investments?
THE SOUTH African Reserve Bank’s decision to adjust rates is a sign of recovery in the underlying economic activity, with the mitigation of inflationary pressure by normalising interest rates providing South Africa with a path to transition from the emergency measures implemented over the last two years.
Furthermore, normal operating conditions will be conducive to broad-based economic recovery that will also benefit sectors that are disproportionately impacted by the pandemic.
Our country needs to take deliberate steps towards full recovery after…