This is according to a statement by Statistics SouthAfricaon its website.

This is due to an improved recovery, which may bring about an increase by the fourth quarter.

The disbursement of funds is taking place under the KwaZulu-Natal government’s operation Vula Fund.

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Zikalala said there was a meticulous examining process that started in September 2019 and concluded in March 2020.

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Business News, South Africa, inflation rate, interest hike not likely

South Africa’s inflation rate will most likely not result in an interest hike due to the central bank’s prediction. Image: Waldo Swiegers / BloombergSource: Getty Images

Source: Briefly News

Reeshni ChettyReeshni Chetty is a senior current affairs reporter.

Reeshni has a passion for breaking the stigma surrounding mental health issues.

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