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BOSA says the repo rate cut brings much-needed relief to struggling citizens [SOUND]

# Build One South Africa welcomes the South African Reserve Bank’s Monetary Policy Committee’s decision to lower the interest rate by 25 basis points to seven-percent. The prime lending rate has been lowered to 10.5-percent. BOSA’s spokesperson, Roger Solomons, says this move brings much-needed relief to millions of citizens struggling under the financial noose of high debt costs, rising living expenses, stagnant wages, and the exorbitant cost of living:

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