20°C / 22°C
  • Thu
  • 17°C
  • 6°C
  • Fri
  • 19°C
  • 5°C
  • Sat
  • 22°C
  • 7°C
  • Sun
  • 21°C
  • 6°C
  • Mon
  • 17°C
  • 4°C
  • Tue
  • 15°C
  • 2°C
  • Thu
  • 16°C
  • 8°C
  • Fri
  • 14°C
  • 11°C
  • Sat
  • 15°C
  • 9°C
  • Sun
  • 15°C
  • 9°C
  • Mon
  • 15°C
  • 10°C
  • Tue
  • 15°C
  • 12°C
  • Thu
  • 19°C
  • 7°C
  • Fri
  • 20°C
  • 6°C
  • Sat
  • 23°C
  • 9°C
  • Sun
  • 22°C
  • 9°C
  • Mon
  • 19°C
  • 6°C
  • Tue
  • 18°C
  • 5°C
  • Thu
  • 20°C
  • 7°C
  • Fri
  • 22°C
  • 6°C
  • Sat
  • 23°C
  • 7°C
  • Sun
  • 22°C
  • 5°C
  • Mon
  • 19°C
  • 3°C
  • Tue
  • 15°C
  • 1°C
  • Thu
  • 23°C
  • 16°C
  • Fri
  • 26°C
  • 14°C
  • Sat
  • 22°C
  • 17°C
  • Sun
  • 25°C
  • 15°C
  • Mon
  • 27°C
  • 15°C
  • Tue
  • 21°C
  • 13°C
  • Thu
  • 19°C
  • 12°C
  • Fri
  • 16°C
  • 11°C
  • Sat
  • 17°C
  • 9°C
  • Sun
  • 18°C
  • 9°C
  • Mon
  • 14°C
  • 10°C
  • Tue
  • 21°C
  • 10°C
  • Thu
  • 18°C
  • 8°C
  • Fri
  • 12°C
  • 8°C
  • Sat
  • 14°C
  • 6°C
  • Sun
  • 15°C
  • 5°C
  • Mon
  • 13°C
  • 9°C
  • Tue
  • 13°C
  • 9°C
  • Thu
  • 17°C
  • 11°C
  • Fri
  • 12°C
  • 10°C
  • Sat
  • 15°C
  • 9°C
  • Sun
  • 15°C
  • 10°C
  • Mon
  • 13°C
  • 10°C
  • Tue
  • 14°C
  • 11°C
  • Thu
  • 20°C
  • 7°C
  • Fri
  • 22°C
  • 5°C
  • Sat
  • 24°C
  • 7°C
  • Sun
  • 23°C
  • 6°C
  • Mon
  • 20°C
  • 6°C
  • Tue
  • 19°C
  • 5°C
  • Thu
  • 19°C
  • 7°C
  • Fri
  • 20°C
  • 7°C
  • Sat
  • 20°C
  • 6°C
  • Sun
  • 22°C
  • 7°C
  • Mon
  • 12°C
  • 2°C
  • Tue
  • 12°C
  • 0°C
  • Thu
  • 21°C
  • 8°C
  • Fri
  • 24°C
  • 6°C
  • Sat
  • 26°C
  • 6°C
  • Sun
  • 25°C
  • 8°C
  • Mon
  • 23°C
  • 6°C
  • Tue
  • 20°C
  • 6°C
  • Thu
  • 20°C
  • 9°C
  • Fri
  • 16°C
  • 8°C
  • Sat
  • 16°C
  • 7°C
  • Sun
  • 17°C
  • 7°C
  • Mon
  • 13°C
  • 9°C
  • Tue
  • 19°C
  • 9°C

Reserve Bank to announce decision on repo rate today

Pensioners with investments will be hoping for another increase in the rate this afternoon while those with bonds or debt want the opposite.

FILE: SA Reserve Bank Governor Lesetja Kganyago. Picture: Cindy Archillies/EWN

JOHANNESBURG – The Reserve Bank is set to announce its decision on the repo rate on Thursday afternoon after raising the rate at its meeting in November.

The repo rate was increased by 25 basis points to 6.75%.

Governor Lesetja Kganyago listed rising inflation and the weak rand as major factors driving the bank's decision.

Pensioners with investments will be hoping for another increase in the rate this afternoon while those with bonds or debt want the opposite.

Comments

EWN welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

- Racism (including offensive comments based on ethnicity and nationality)
- Sexism
- Homophobia
- Religious intolerance
- Cyber bullying
- Hate speech
- Derogatory language
- Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the EWN community a safe and welcoming space for all.

EWN reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

EWN is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

comments powered by Disqus