Zuko Komisa On Thursday the South African Reserve Bank cut the repo rate by 25 basis points to 8%. The drop means the prime lending rate will also...
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The South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) yesterday (19 September) announced a 0,25 basis point cut, taking the interest rate down to 8%, with the prime lending rate now set at 11,50%. This cautious approach brings a small sigh of relief to strapped households, who have struggled with the cumulative 475 basis […]
Zuko Komisa On Thursday the South African Reserve Bank cut the repo rate by 25 basis points to 8%. The drop means the prime lending rate will also...
By: Natasha Archary The South African Reserve Bank (SARB) cut the repo rate by 25 basis points to 8%. The drop means the prime lending rate will also...
By: Natasha Archary The South African Reserve Bank (SARB) cut the repo rate by 25 basis points to 8%. The drop means the prime lending rate will also...
The South African Reserve Bank (SARB) has cut interest rates by 25 basis points. This brings the repo rate down to 8%. According to the The post SARB...
The South African Reserve Bank (SARB)’s Monetary Policy Committee (MPC) is poised to conclude its second-to-last meeting on interest rates this...
The South African Reserve Bank (SARB) has announced a 25 basis point cut to interest rates to 8% per annum for the first time in over two years today,...
The Monetary Policy Committee of the South African Reserve Bank cut its key repo rate by 25 basis points on Thursday with more in the pipeline,...
Consumers in South Africa and the US could heave a sigh of relief this week after the central banks cut the repo rate.
Consumers with debt are likely breathing a collective sigh of relief at the news that the interest rate is finally going down by 25 basis points.
Economists expected that the Reserve Bank would cut the repo rate by 25 basis points, but some hoped for a 50 basis points cut.