What does today’s (Thursday, 23 July) interest rate hike mean for your pocket?
The Money Show presenter Bruce Whitfield interviewed Personal Finance Journalist Maya Fischer-French.
Scroll down to listen to the audio.
This is good for savers and retirees!— Maya Fischer-French
This is the start of more rate hikes. We’ll probably see another 100 basis points within a year.— Maya Fischer-French
South Africa has a low VAT rate compared to the rest of the world.— Maya Fischer-French
If it wasn’t for corruption and Eskom it wouldn’t have been necessary to raise taxes.— Maya Fischer-French
This article first appeared on 702 : Here’s how Thursday’s interest rate hike affects YOUR pocket