The repurchase rate (repo rate) in South Africa reached 7% after the SA Reserve Bank's (SARB) Monetary Policy Committee (MPC) agreed to a 75 basis points hike.
South African Reserve Bank Governor Lesetja Kganyago said that the monetary policy committee had mixed views on how much the repo rate should be increased ...
Ahead of the December festive season spending spree, to rein in spiking inflation.
The South African Reserve Bank has hiked the interest rate again, taking the prime lending rate to 10.50%, meaning more pain for consumers.
The South African Reserve Bank has announced yet another interest rate hike.
The repurchase rate (repo rate) in South Africa reached 7% after the SA Reserve Bank's (SARB) Monetary Policy Committee (MPC) agreed to a 75 basis points ...