We need to have a standard in inflation. When interest rates drops companies look for loopholes to increase comoditity prices without you even noticing it. They either change the weight, size, quantity or quality. Afordability will encourage growth.

This is unbelievable, Banks are getting away with slow murder, they are killing the economy, they are bleeding the citizens and country dry. Are their profits not high enough? Only banks make a huge profits on high interest rates their profits are then exported. The commercial banks only export are profits. High interest rates are a direct contributor to high inflation. SARB to must nationalized immediately, commercial banks don't have national interest at heart because most are foreign owned. People don't worry about the Somalis, Zimbabweans, the Mozambicans, Be xenophobic towards the banks as the are bleeding the life blood of our country. COSATU, SACP mobilise before it is to late. drop interest rates to get manufacturing going.

The economic performance has improved somewhat but the growth is not yet at a favourable level. So the question is if whether 7% current rate is at an appropriate level for further growth of the economy. The monetary committee has a responsibility to ensure some level of predictability in the economy especially for investment-related reasons. So I would say that the 7% should remain unchanged so that the economy improves in a predictable and gradual manner. Otherwise if the rate is lower than 7%, though that would stimulate the economy, the long term effect would be inflation. So let's encourage actions that would ensure South Africa's economy grows in a gradual manner.