Ramaphosa: 3 COVID-19 deaths recorded in SA, with 1,326 cases
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Despite negative effects of COVID-19, SA economy will bounce back - Kganyago
The reserve bank governor on Thursday announced a reduction in the repo rate of 100 basis points to 5.25%.
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Kganyago announces repo rate cut to 5.25%
The repo rate is the rate at which the central bank lends money to commercial banks.
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SARB MPC expected to announce repo rate
The crucial question is will the reserve bank be aggressive when cutting the repo rate to help accelerate the economy?
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SA growth expectations declining despite repo rate drop - economist
Reserve Bank Governor Lesetja Kganyago announced on Thursday that the repo rate had been reduced by 25 basis points to 6.5%.
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Kganyago attributes repo rate cut to lower inflation figure
The central bank has reduced the repo rate to 6.25%, dropping the prime lending rate to 9.75%.
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Kganyago announces repo rate cut to 6.25%
The decision follows this week's Monetary Policy Committee meeting.
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Will the Reserve Bank cut the repo rate?
Economists say there were several factors that were in favour of a drop in the repo rate.
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Poll: Reserve Bank to keep repo rate at 6.5%
All but three of the 24 economists surveyed over the past three days said the repo rate would be kept unchanged at 6.5% on 16 January.
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Room for repo rate cut in January, says economist
Reserve Bank Governor Lesetja Kganyago cited a number of concerns, including stagnant growth and other headwinds for keeping the repo rate unchanged at 6.5%.
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Repo rate to remain unchanged at 6.5%
The repo rate is the rate at which the central bank lends money to commercial banks.
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There's room for repo rate cut, some economists say ahead of rates announcement
On Wednesday, Stats SA announced that the headline consumer price index fell to 3.7% in October, down from 4.1% the month before.
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Repo rate to remain unchanged at 6.5%
The repo rate is the rate at which the central bank lends money to commercial banks.
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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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Repo rate remains unchanged at 6.75%
The South African Reserve Bank has announced that the repo rate will remain unchanged at 6.75%
