SA expects decisive leadership from the president, including the fight against Covid-19 and holding his Cabinet to account, writes Mpumelelo Mkhabela.
High level clouds. Mild.
On a R2 million home loan at prime rate, over twenty years, the new rate cut will mean a saving of almost R1 300 a month.
The central bank's monetary policy committee has cut the benchmark repo rate by 25 basis points to 6.5% from 6.75%.
The metals and engineering sector has welcomed the SA Reserve Bank's decision to keep the repo rate unchanged at 6.75%
Governor of the SA Reserve bank Lesetja Kganyago announced the benchmark rate at a media briefing in Pretoria.
Property experts weigh in on what the SARB's latest interest rate hike means for the SA property industry.
Although the SA Reserve Bank has decided to keep the repo rate unchanged, a hike may well come sooner than anticipated, caution property experts.
The announcement was made by the central bank's governor Lesetja Kganyago at a media briefing in Pretoria.
The rand had weakened by more than 2% against the dollar on Thursday due to a combination of dollar gains, emerging market currency weakness, and lower GDP growth projections.
US President Donald Trump’s decision to exit the Iran nuclear deal might not have a bearing on local interest rates just yet, say economists.
The South Africa Reserve Bank has decided to cut interest rates at its second meeting for the year.
Many believe that negativity about South Africa’s banking sector originated locally. Schalk Louw strongly disagree
It’s been a tough year for South African retail stocks, battered by gloomy economic news. But hope is on the way.
Economists expect the Reserve Bank to keep the repo rate on hold at 6.75% at the upcoming monetary policy committee meeting this week.
The SARB's decision to hike the repo rate is coming in for a great deal of criticism from investors and market participants, says an analyst from Intellidex.
The central bank decided to hike the repo rate by 25 basis points from 6.50% to 6.75% as the bank sees inflationary pressures for 2019.
This time SARB decided to keep interest rates the same, but what could happen at the next MPC meeting in November?
South Africa’s unexpected recession deepened the policy dilemma for its central bank, which is caught between calls to defend a currency that’s stoking inflation expectations and finding ways to support the waning economy.
The monetary policy committee of the South African Reserve Bank has decided to keep the repo rate unchanged.
The monetary policy committee of the SA Reserve Bank has decided to cut interest rates by 25 basis points, from 6.75% to 6.5%.
What we need on Wednesday, Bruce Whitfield tells Reserve Bank governor Lesetja Kganyago, is a serious rate cut. None of this 25-basis-points nonsense.
Western CapeNDC Personnel & Contractors CC
Cape TownTumaini ConsultingR650 000.00 - R780 000.00 Per Year
Cape TownMass Staffing ProjectsR300 000.00 - R350 000.00 Per Year
Apartments / Flats
R 1 750 000
R 4 800 000
R 5 750 000
We subscribe to the Press Code.
You choose what you want
News24 on Android
Get the latest from News24 on your Android device.
Terms and Conditions
24.com Terms and Conditions - Updated April 2012
Creating your profile will enable you to submit photos and stories to get published on News24.
This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.