South Africa to Hold Rates Before President's Key Economy Speech.

Economists are divided over whether South Africa's central bank will maintain its high interest rates or lower them. Some argue that the formation of a market-friendly coalition government and other factors have reduced political risk and created room for the bank to ease policy. Goldman Sachs and Deutsche Bank predict a 25-basis point cut, while others expect the bank to hold rates steady. President Cyril Ramaphosa is likely hoping for a more dovish stance from the central bank as he seeks to address high youth unemployment and stimulate economic growth. [Extracted from the article]