The South African Reserve Bank has announced a 25 basis points decrease in the country's repo rate. This brings the lending rate to 7.5 percent and takes the prime interest rate to 11 percent. WATCH | ...
The South African Reserve Bank has cut the repo rate by 25 basis points. This brings the lending rate to 7.5 percent and takes the prime interest rate to 11 percent. Reserve Bank Governor Lesetja ...
BUSINESS NEWS - The South African Reserve Bank's (SARB) Monetary Policy Committee (MPC) has decided to reduce the repo rate by 25 basis points, with effect from 31 January 2025.