South African homeowners have shared a number of reactions to the news that ANOTHER interest rate price hike is approaching this month.
Governor of the SA Reserve Bank, Lesetja Kganyago, has dealt yet another killer blow to the wallets of already suffering South Africans.
The SA Reserve Bank has hiked the repo rate by another 75 basis points in yet another blow to the wallets of suffering South Africans.
Lesetja Kganyago, governor of the SA Reserve Bank, on Thursday, hiked the repo rate by another 75 basis points.
A stimulus package like this is not always constant sum; what is good for the US can be destructive for the emerging world.
For the third time since April, the repo rate in South Africa has been reduced. Here’s what the current value stands at, along with the prime rate.
Overall, this is good news for South Africans. The repo rate has tumbled on Tuesday, as the Reserve Bank ramp-up efforts to keep the country going.
The SA Reserve Bank’s decision to cut rates by 1% was unexpected, but needed. More reductions are likely in 2020 as the economy struggles.
Knocking 1% off of our repo and interest rates is a big deal. SARB has acted without hesitation, in a bid to lift the economy from the coronavirus gloom.
The Reserve Bank’s Monetary Policy Committee seems certain to follow other central banks and announce a further rate cut.
South Africa’s descent into recession and the surprise rate cut by the US Federal Reserve could see the Reserve Bank follow suit in mid-March.
Some market sectors may be struggling in South Africa, but when it comes to property, now is a good time to buy, say the experts.
ActSA has warned wealthy nations they could be accused of neo-colonialism unless they address issues with illegitimate debt owed by SADC countries.
FNB’s Paul Makube believes the interest rate cuts, coupled with the stronger rand, and lower petrol prices, will really help out local farmers.
Sarb has reduced the interest rate by 0.25%, just as expected, in order to try and stimulate more growth in the stagnating South African economy.
The interest rate cut forecast for South Africa is expected to stimulate the economy. But as always, any decision to alter the rate comes with its ups and downs.
Consumers should only use registered credit providers when seeking credit.
Need to bust through the financial jargon? SARB raised the interest rate by 0.25% on Thursday, and this is what you need to know.
In your South African news today wrap-up, we’ve got some good news about the rand and some fierce accusations on state capture.
A good Thursday for the rand value was made even better by the SA Reserve Bank’s decision to keep the interest rate at 6.5%.
In Thursday’s South African news today wrap, the interest rate could be on the rise and state capture has dropped jaws yet again.
It’s likely that the SA Reserve Bank won’t rock the boat over the interest rate, according to PSG Wealth representative Adriaan Pask.
If you thought that asking your bank for a personal loan is the most convenient and cheapest option available to you, think again!
Good news if you find yourself in a spot of debt, the South African Reserve Bank has decided not to change the repo rate, for now.
South Africa’s Reserve Bank Governor confirmed that interest rates will be going up in 2015 given the current inflation outlook.