LABOUR PARTY SLAMS ZERO RATE CUT

MEDIA RELEASE2026-01-30 SUMMARY: The Labour Party of South Africa (Labour Party) has condemned the SARB’s decision to keep the repo rate at 6,75%, warning that a 10,25% prime lending rate is still suffocating working-class communities amid rising unemployment and a deepening cost-of-living crisis. Yesterday (29 January 2026) the Monetary Policy Committee (MPC) of the South […]