Interest Rate Cuts
latest news & developmentsReserve Bank hold repo rate steady despite inflation pressures
Governor Lesetja Kganyago said the central bank would wait for the inflation rate to fall within its 3% to 6% target before it makes a cut
Surprise interest rate cut
"Although offering consumers relief on interest payments, the cut is the product of stalled economic growth."
Crunch time for interest rate hike
South African policy makers may decide that the time for talking is over, as they meet to decide on the first increase in borrowing costs in a year.
Will the Reserve Bank hold or hike the repo rate?
A range of crucial economic factors will have a bearing on the monetary policy committee’s decision to be announced on Thursday.
Marcus says inflation and growth risks limit options
Reserve Bank Governor Gill Marcus says rising inflationary risks from a weaker rand and a slowing economy are limiting room to adjust interest rates.
Marcus: Further rate cuts should not be taken as a given
Gill Marcus has stated that further easing on interest rates can’t be taken for granted, and are contingent on inflation and global conditions.
South African Reserve Bank cuts repo rate to 5%
South African Reserve Bank governor Gill Marcus has announced a cut in the repo rate by 50 basis points to 5%.
SA’s slow economic growth boosts case for rate cut
The economy grew at its slowest pace in almost two years in the second quarter, boosting the case for rate cuts, but denting job creation hopes.
Interest rate cuts ‘too little, too late’
Evidence that South Africa’s economic growth is slowing is raising fears the government has done too little and acted too late to boost growth.
Merry Christmas, with love from the Reserve Bank
The Reserve Bank’s decision to cut interest rates will boost consumers — but before you overspend for Christmas, focus on reducing household debt.
SA rate cut hinges on data
South Africa’s Reserve Bank will "not necessarily" cut interest rates again next month and the decision will depend on the data the bank has.
Banking on stimulus
The lowering of interest rates is designed to spur economic activity by making money cheaper and boosting consumer spending.
How to use the rate cut
How you could have paid off your home in eight years by taking advantage of rate cuts.
Rate cut ‘likely’ in July
The SA Reserve Bank is "likely" to cut the repo rate by 50 basis points at its monetary policy committee meeting on July 22, Standard Chartered said.
Cosatu: Reserve Bank ‘doesn’t care a damn’
The Congress of South African Trade Unions voiced anger on Thursday over a surprise central bank decision to keep interest rates on hold.