DA welcomes ConCourt judgment on president’s powers to fire ministers
Politics
Repo rate
Sarb decision to cut repo rate broadly welcomed
Governor Lesetja Kgayango announced on Thursday that the rate had been cut to 6.5%.
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Stronger rand, improved inflation outlook factors in repo rate cut
Those in debt have received some relief on Thursday afternoon with the South African Reserve Bank (Sarb) decreasing the repo to 6.5%.
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Repo rate cut to 6.5%
The repo rate is the rate at which the central bank lends money to commercial banks.
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Reserve Bank expected to cut rates next week
Twenty-four of 30 economists in the survey taken over the past three days said the repo rate would be cut by 25 basis points to 6.50% on 18 July.
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US-China battle negatively affecting SA’s economic growth - Kganyago
The world's two largest economies are locked in an escalating trade battle, with tit-for-tat tariffs being imposed by the two sides.
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Reserve Bank leaves repo rate unchanged at 6.75%
Reserve Bank governor Lesetja Kganyago announced the decision of the bank's Monetary Police Committee on Thursday afternoon.
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SA Reserve Bank keeps repo rate unchanged
In November the repo rate was increased by 25 basis points to 6.75% with governor Lesetja Kganyago listing rising inflation and the weak rand as major factors.
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Consumers urged to be cautious with Black Friday spending
With interest rates going up, consumers already hit by the high value-added tax, fuel prices and utility tariffs, will feel the pinch.
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Economists warn that rates hiking cycle may not be over yet
With South Africans forced to tighten their belts further due to a 25 basis point increase in the repo rate, it's been emphasised that there is still good financial news for consumers this festive season.
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Poll: Reserve Bank to hold rates, but a close call
In a poll taken in the past week, 16 of 26 economists said the Sarb would keep its repo rate at 6.50% while the rest opted for a 25 basis-point hike.
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[ALERT] Reserve Bank leaves repo rate unchanged at 6.5%
The repo rate has been at 6.5% since March this year when it was cut by 25 basis points.
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Kganyago: Sarb won’t hesitate to increase repo rate
Lesetja Kganyago says inflation has continued to increase and the bank needs to keep the figure within the target range of between 3% to 6%.
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[WATCH LIVE] Kganyago announces MPC decision on repo rate
SA Reserve Bank Governor Lesetja Kganyago announces the repo rate decision following the meeting of the Monetary Policy Committee in Pretoria.
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Reserve Bank cuts repo rate by 25 basis points to 6.75%
This comes after the repo rate has remained unchanged at 7% since March 2016.
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Interest rate hiking cycle appears to be at an end - Kganyago
The central bank's Lesetja Kganyago cited a stronger rand and decreasing food prices for the unchanged rate, but says that inflation is still a problem.
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SARB to hold rates steady - poll
There is also agreement that inflation will peak in December and then slow within its target range of three to 6% next year.
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Reserve Bank on decision to keep interest rates unchanged
The Reserve Bank's Monetary Policy Committee says its decision to keep rates on hold was unanimous.
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Reserve Bank keeps repo rate unchanged at 7%
The bank took the same decision at the previous meeting of the Monetary Policy Committee in July.
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'Sarb’s policies are aimed at improving growth'
Questions have been asked about whether the SA Reserve Bank will continue to hike rates.
