Saving in a rising interest rate environment

With interest rates and inflation on the rise, Cedrick Pila, regional manager, discusses how investors can achieve real returns and protect their savings and investments from losing value over time.

The South African Reserve Bank recently announced an interest rate increase of 50 basis points to 4.75% – taking the prime lending rate to 8.25% – thereby confirming that the country is in a rising interest rate cycle. 

Full article: https://www.allangray.co.za/latest-insights/personal-investing/saving-in-a-rising-interest-rate-environment-2022/

June 26 2022 By Allan Gray - Cedrick Pila