FOSA welcomes Reserve Bank’s decision to keep interest rates unchanged [SOUND]

# The Forum for South Africa has welcomed the South African Reserve Bank’s Monetary Policy Committee’s decision to keep the repo rate unchanged. The repo rate remains at seven-percent and the prime lending rate at 10.50-percent. FOSA leader, Tebogo Mashilompane, says, however, this decision offers little immediate relief to millions of South Africans who continue to struggle with the rising cost of living, high unemployment, and a stagnant economy: