SARB keeps interest rates steady as inflation risks rise & high joblessness weighs on SADC economies

Stephen Grootes speaks to Kevin Lings, Chief Economist at Stanlib Asset Management, about the South African Reserve Bank’s decision to keep the repo rate unchanged at 6.75%, the possible inflationary pressures driven by soaring oil prices and geopolitical tensions in the Middle East, and what these risks could mean for consumers and the broader economic outlook in the coming months. Pali Lehohla, former Statistician-General, Titus Mukove, a Zimbabwe-based economist, and Isaac Matshego, Nedbank Senior Economist talk about rising unemployment across the SADC region. Despite a slight improvement, South Africa still has nearly 8 million unemployed, while in Zimbabwe and Lesotho, informal and underemployment realities mask deeper labour market strain. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.    Thank you for listening to a podcast from The Money Show   Listen live Primedia+ weekdays from 18:00 to 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk  For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe  Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc  The Money Show is brought to you by Absa     Follow us on social media   702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/CapeTalk 702 on YouTube: https://www.youtube.com/@radio702   CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/Radio702 CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.