South Africa: Middle East Conflict - Oil and Gold Price Surge Will Shock South Africa ...Middle East

[Daily Maverick] The spectre of oil at $100 (R1,607) a barrel will haunt the South African Reserve Bank's efforts to contain inflation. At the start of this year there were high hopes that the Bank would deliver at least two more 25-basis-point rate cuts this year. Those may now be dashed.

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