Like defrosting a fridge after too much ice accumulation has started to interfere with its working, so the economy was for long frozen over and in need of reinvigoration.

Such overly frosty condition we call recession. When accompanied by much earnings collapses, employment losses and asset price declines, it can give rise to trauma and severely intimidated mindsets, especially business-wise, inhibiting expansion and fixed investment decisions...

In a difficult but unanimous decision, the SARB MPC dropped interest rates by 0.5%, with prime falling to 10%, which is the lowest prime has been since 1981.