The CitizenSouth Africans to pay more on their debt repayments as Sarb hikes interest rates
As of Friday, the repo rate will be 7.25%, while the prime lending rate will be 10.75%
News
News about Sarb
Follow to see every story about this in your feed.
2 700 stories from 13 South African publishers, refreshed through the day. Every story is the publisher’s own — read it on their site, talk about it here.
Showing matches. Clear
The CitizenThe CitizenJuly inflation brings relief, but pressure points still expected
Inflation is still higher than Sarb's target of 3%, which can result in the MPC hiking the repo rate in September.
The CitizenInflation increases in March – but full impact of Middle East war still to come
'The SARB will pursue its new 3% inflation target, but if the war ends relatively soon, the bank may not have to hike interest rates.'
The CitizenVat-free gold to Sarb, banks and SA Mint at risk
Dispute around recycled gold may have sparked proposed scrapping of zero-rating relief.
The CitizenPhasing out prime rate doesn’t mean lower loan repayments, but more transparency, says Sarb
The prime lending rate has been set 350 basis points above the repo rate since 2001.
The CitizenInflation expectations drop to 25-year low after SARB target revision
MPC of the Sarb considers the results of the inflation expectations survey when it decides to change the repo rate.