Business Report reports that higher levels of borrowing has implications for South Africa's inflation rate that is expected to peak at about 6.5% according to Gill Marcus, governor of the Reserve Bank.
The rate is outside the government's target of between 3% and 6% and could mean that interest rates could increase towards the end of this year. The Monetary Policy Committee - responsible for setting rates - is due to meet later this month, according to the report.
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