The South African Reserve Bank has announced a 25 basis point cut in the interest rate, marking the third consecutive ...
South Africa's central bank trimmed its main lending rate as expected on Thursday, its third cut in a row, but it placed ...
For every million rand that you owe on a home loan for example, your repayments have reduced by around R500 since September ...
After two repo rate cuts of 25 basis points at the end of 2024, consumers are wondering if there will be more cuts in 2025.
Renowned economist Dawie Roodt said the South African Reserve Bank has room for more interest rate cuts in 2025, which is ...
This comes after the central bank’s Monetary Policy Committee (MPC) voted for a 25BPS cut today, which translates to a 0. 25% ...
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The South African on MSNGood news for 2025: SARB drops repo rate by 25bpThe MPC announced its decision to reduce the repo rate by 25 basis points, much to the relief of South Africans.
Economists expected the Reserve Bank to cut the repo rate by 25 basis points at its first meeting of the year.
Key Decision & Economic Outlook Announcing the decision on Thursday, SARB Governor Lesetja Kganyago stated that four out of ...
The Congress of South African trade Unions (COSATU) welcomes the latest 25 basis points repo rate cut to 7.5%, bringing the prime lending rate to 11%. A rate cut was widely expected given inflation ...
Economists predict that the MPC will slash the repo rate by 25 bp. After that, we can cautiously expect to hit an equilibrium ...
Even with the repo rate now at 7.5%, many remain wary amid lingering financial pressures and economic uncertainty.
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