How low can you go?
Last Friday, the prime interest rate dropped to 9% p.a., a level last seen in May 1974. In the interim, it has been as high as 25.5%, in August 1998. (Reserve Bank)
This week’s theme: Credit in South Africa
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Last Friday, the prime interest rate dropped to 9% p.a., a level last seen in May 1974. In the interim, it has been as high as 25.5%, in August 1998. (Reserve Bank)
This week’s theme: Credit in South Africa
DAVID DICKENS