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Page 13 - Magubane Financial News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Rate hike: all pain, no gain?

As the South African Reserve Bank’s announcement of yet another repo rate hike battered the Rand even further - with the currency trading at a low of R19.81 on Friday before recovering slightly - economists are once again divided; with one calling for Governor Lesetja Kganyago and his team to be fired.

Gwede Mantashe ready for a fight

Minerals and energy minister Gwede Mantashe says the government is ready for a legal showdown with environmental groups as it forges ahead with a controversial plan to contract power ships to berth at the country's main ports for 20 years to help end blackouts wreaking havoc on the economy.

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