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WATCH: Why the Bank cut rates for the fifth time this year

Business Day TV talks to Isaah Mhlanga from Alexander Forbes and Razia Khan from Standard Chartered

Pictrue: 123RF/ONYPIX
Pictrue: 123RF/ONYPIX

The SA Reserve Bank cut interest rates for the fifth time in 2020.

The 25 basis point reduction takes the benchmark rate to a record low of 3.5%.

Business Day TV spoke to Isaah Mhlanga from Alexander Forbes and Razia Khan from Standard Chartered for their views on the decision, as well as whether a larger cut may be have been needed.

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