Yesterday, the South African Reserve Bank made a significant decision to reduce the repo rate by 25 basis points to 7.25%. This adjustment was driven by lower inflation expectations and the stability of the Rand. For organisations, this news brings a positive outlook, potentially impacting cash flow in a favourable manner.
Adapting to environmental changes is crucial for organisations to avoid drifting aimlessly. It’s essential to stay proactive and responsive to such shifts to maintain stability and growth.