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Concern raised on ANC’s Sarb comments ahead of repo rate announcement
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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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.
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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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[ALERT] Reserve Bank raises repo rate 25 basis points to 6.75%
The repo rate has been at 6.5% since March this year when it was cut by 25 basis points.
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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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#RandReport: Rand firms on rate hold, dollar ebbs
The central bank left its benchmark repo rate at 6.5% on Thursday, with the bank’s governor striking a more hawkish note than at the last rate meeting in July.
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ANC retracts statement on monetary policy
The African National Congress earlier called on the central bank to help lift economic growth and help the poor, an hour after interest rates were left on hold.
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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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Sarb's revised growth figure a surprise for some economists
Reserve Bank Governor Lesetja Kganyago announced on Thursday that growth had been revised downwards to 1.2% from 1.7%.
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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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[ALERT] Reserve Bank keeps repo rate unchanged at 6.5%
Reserve Bank governor Lesetja Kganyago made the announcement in Pretoria this afternoon.
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Sarb to announce decision on repo rate
Figures released by Statistics South Africa show inflation increased to 4.5% year-on-year for April from 3.8% in March.
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[ALERT] Reserve Bank cuts repo rate by 25 basis points
The repo rate is the rate at which the central bank lends money to commercial banks.
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Kganyago: SA's economic growth looks set to improve
SA Reserve Bank Governor Lesetja Kganyago has announced that the repo rate will remain unchanged at 6.75% but the bank will continue to monitor the economy as this may change.
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Possible rating downgrades, struggling SOEs led to repo rate remaining unchanged
Reserve Bank Governor Lesetja Kganyago has announced the outcome of the MPC's meeting, saying while there are a number of concerns including political instability growth is expected to improve this year.
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[ALERT] Reserve Bank keeps repo rate stable at 6.75%
Governor Lesetja Kganyago made the announcement in Pretoria on Thursday afternoon.
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Reserve Bank expected to keep repo rate unchanged
South Africa’s central bank unexpectedly cut its benchmark lending rate for the first time in five years in July, citing weak growth and easing inflation.
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Kganyago reaffirms independence of Sarb
Governor Lesetja Kganyago announced earlier on Thursday that the repo rate would remain unchanged at 6.75%.
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Sarb: Risks too high for repo rate cut
Deputy Governor Kuben Naidoo believes that the key to kick-starting the economy is confidence.
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Sarb still expected to cut repo rate later this year
Economists say the rand and the risks such as political noise will playing a major role.
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Sarb taking cautious approach to repo rate - Kganyago
Reserve Bank Governor Lesetja Kgayago says inflation, poor business confidence, and political pressures are still impacting on the country's economy.
