Interests rates will be kept on hold at 3-point 5 percent. That was the announcement by Reserve Bank Governor Lesetja Kganyago. It was the bank's Monetary Policy Committee last meeting for the year. Inflation is expected to remain contained over the medium term. The MPC also revised the year's growth projection to -8%. - Smile 90.4FM

Interests rates will be kept on hold at 3-point 5 percent. That was the announcement by Reserve Bank Governor Lesetja Kganyago. It was the bank’s Monetary Policy Committee last meeting for the year. Inflation is expected to remain contained over the medium term. The MPC also revised the year’s growth projection to -8%.