Relief for the agriculture sector after a 50 basis points repo rate cut May 22, 2020 A combination of favourable crude oil price outlook, lower local inflation with risks to the downside, and economic contraction afforded the South African Reserve Bank Read More »
Interest rates 101: How to make the repo rate cut work for you May 22, 2020 The South African Reserve Bank has just cut the repo rate from 4.25 % to 3.75%, meaning that the prime lending rate will fall to 7.25%. Read More »
New prescribed rate of interest October 8, 2019 The prescribed rate of interest in South Africa has dropped from 10.25% to 10% per annum, effective from 1 September 2019. In accordance with the Read More »