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  "path": "/business/2026-05-28-reserve-bank-hikes-interest-rate-for-first-time-since-2023-as-oil-shock-inflation-risks-mount/",
  "publishedAt": "2026-05-28T17:30:28.000Z",
  "site": "https://mg.co.za",
  "tags": [
    "Business",
    "Banking",
    "Climate Change",
    "Cost Of Living",
    "Economy",
    "El Niño",
    "Emerging Markets",
    "Finance News",
    "Fuel Prices",
    "Inflation",
    "Interest Rates",
    "Lesetja Kganyago",
    "LOANS",
    "monetary policy",
    "Oil Prices",
    "Repo Rate",
    "Reserve Bank",
    "SARB",
    "South Africa"
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  "textContent": "South African Reserve Bank raises interest rate to 7%, warning that oil shocks, food inflation and global instability could drive prices higher",
  "title": "Reserve Bank hikes interest rate for first time since 2023 as oil shock, inflation risks mount"
}