Saftu slams Reserve Bank governor’s interest rates remarks as irresponsible
Saftu's Trevor Shaku has slammed, as irresponsible, the Reserve Bank Governor, Lesetja Kganyago's assertions that interest rates don't affect the poor. Responding to a question at PSG's Financial webinar on Thursday, the governor said the unemployed are not affected by the high interest rates. Kganyago did explain, however, that inflation affects everyone. Shaku says while the governor's remarks are correct at face value, the millions of South Africans who are […]