SARB’s announcement was widely welcomed, although a much-anticipated interest rate cut failed to materialise, with the prime lending rate remaining at 11.75%. “All signs at
Owning a home is not only exciting, but it’s one of life’s biggest achievements. While there are many benefits that come with owning your own
This latest 50 basis point interest rate hike on its own has a limited dampening impact on the commercial property market. “But it brings the
The governor of the South African Reserve Bank recently announced an increase in the lending rate by 75 basis points. This means the repo rate
For most SMEs, access to funding is a business necessity to smooth over fluctuations in cash flow, buy stock or grow the business. But while
The monetary policy committee (MPC) increased the interest rate (repo rate) by 50 basis points (bps) or 0,5%. The increase will see the repo rate
The South African Reserve Bank (SARB) increased its repo rate by 0.25 percent recently. This caused the prime lending rate in South Africa to rise
In the current economic environment, businesses are keen to reduce debt by paying down their commercial loans. “While this is a facility that banks offer