Analysts from Bank of America predict only one interest rate cut in South Africa for 2025, with potential implications for ...

Statistics South Africa reported on Wednesday that inflation for 2024 overall came in substantially lower year-on-year at 4.

NEW government policies, a more stable economic environment and the latest interest rate cut bodes well for the South African ...

The South African Reserve Bank's (SARB's) monetary policy committee (MPC) will meet for the first time in 2025 on Thursday, ...

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Theinitial rate was 5.5 percent, which was raised to six percent at the first review in April. Since then, it has not changed across three quarters, as other East African Community (EAC) countries ...

However, those borrowers who had taken loans before 2016 are still governed by the base rate or benchmark prime lending rates (BPLR) as the case may be. The BPLR was introduced in 2003 before ...

Inflation is seen averaging 4% in 2025. “Lower-than-anticipated inflation gives the South African Reserve Bank room to cut rates by 50 basis points to 7.25% by March, close to the neutral rate.

Commercial banks increased interest rates for the third straight month to an average of 17.22 percent in November, despite cutting the returns on customers’ deposits in an environment of falling base ...

South Africa has traditionally seen little of this behaviour. That’s changing, largely thanks to new players in the market targeting prime customers with incentives to make the switch. The shift is ...