South Africa could see 2 more rate cuts before the end of the year – BusinessTech

South Africa could see 2 more rate cuts before the end of the year – BusinessTech


BusinessTech

South Africa could see 2 more rate cuts before the end of the year
BusinessTech
Fund manager at Ashburton Investments, Wayne McCurrie on Tuesday said that any rate cuts seen in 2017 and 2018 would likely be undermined by tax hikes, as South Africa's National Treasury tries to plug a R50 billion tax hole. McCurrie said that the …

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South Africa could see 2 more rate cuts before the end of the year – BusinessTech