The Reserve Bank raises the repo rate by another 75 basis points as the lead weakens

Fundi Tshazibana and Rashad Cassim have been appointed as deputy governors as Lesetja Kganyago retains his post as central bank governor.

Two of the five members of the monetary policy committee preferred an even more painful hike of 100 basis points as the bank remains aggressive

After the Reserve Bank raised the repo rate by another 75 basis points, as the weakening of the margin first appeared in The Mail & Guardian.