<p><img src=”https://biz-file.com/c/2501/763595-208×117.jpg?5″ width=”208″ height=”117″ alt=”Source: Lesetja Kganyago/X” align=”left”><br><span >Source: Lesetja Kganyago/X</span><p>Reserve Bank Governor Lesetja Kganyago has announced a 25-basis-point rate cut for South Africa, lowering the prime lending rate to 11%—the third consecutive reduction by the Central Bank. This move comes despite the US Federal Reserve's decision to keep rates unchanged.</p><br> <a href=”https://www.bizcommunity.com/article/reserve-banks-third-rate-cut-in-a-row-what-it-means-going-forward-365678a”>Read more…</a> | <a href=”https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=255003″>Send to a friend</a></p><div style="clear:left"></div>
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