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
Interest rates have gone up several times in the last few months in South Africa, and it looks like they will keep rising for the
The still 0.75 basis point interest rate hike announced brings the cumulative amount of interest rate hiking since November to 2.75 basis points, says John
Following the South African Reserve Bank’s (SARB’s) decision to increase its repo rate by 0.75%, FNB will raise its prime lending rate by 0.75%. The
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
Following the South African Reserve Bank’s (SARB’s) decision to increase its repo rate by 0.25%, FNB will also lift its prime lending rate by 0.25%.
The SA Reserve Bank’s announcement of a cut in interest rates by a further 25 basis points last month was a much-needed lifeline for consumers
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
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