Latest articles on Repo Rate

Repo rate falls to 3.5% — its lowest since 1998

Business Tshegofatso Mathe - 23 Jul 2020

Repo rate drops to 3.5% as Reserve Bank predicts a 7.3% contraction in South Africa’s GDP

‘Don’t be afraid of fresh ideas’

Business Thando Maeko & Tshegofatso Mathe - 25 Jun 2020

The finance minister has found money for the Covid crisis, but the cupboard is bare and he warns that a fiscal crisis is possible in 2024

Reserve Bank cuts repo rate by 50 basis points

Business Thando Maeko - 21 May 2020

The Monetary Policy Committee has cut the repurchase rate by a further 50 basis points, after a two consecutive cuts of 100 basis points earlier this year

Covid-19 economic relief package gets a R800-billion boost

Article Tshegofatso Mathe & Thando Maeko - 24 Apr 2020

Finance Minister Tito Mboweni has outlined the fiscal and monetary policy interventions implemented by the government in its fight against Covid-19

GDP to contract 6.1% — Reserve Bank

Article Thando Maeko & Tshegofatso Mathe - 14 Apr 2020

The central bank warns of the harmful effect of Covid-19 on the economy, while the treasury details more plans to ease the pain

Repo rate cut by 100 basis points

Article Tshegofatso Mathe - 19 Mar 2020

This takes the rate to 5.25% per annum, from 6.25%

Reserve bank unanimously decides to cut the repo rate

Article Tshegofatso Mathe - 16 Jan 2020

The South African Reserve Bank’s monetary policy committee has unanimously decided to reduce the repo rate by 25 basis points, to...

Reserve Bank keeps repo rate unchanged

Article Tshegofatso Mathe - 21 Nov 2019

Although economists say there is room now for SARB to cut the repo rate in order to strengthen the economy - the central bank kept it unchanged

Reserve Bank keeps repo rate unchanged at 6.5%

Article Tshegofatso Mathe - 19 Sep 2019

The rate also helps target inflation. The recent inflation rate is at 4.3% — which is well within the central bank’s target of 3% - 6%

Reserve Bank cuts repo rate

Article SysOps & Lynley Donnelly - 18 Jul 2019

In a move that will bring some relief to consumers the South African Reserve Bank (SARB) cut its repo rate on Thursday...

Reserve Bank raises repo rate to 6.75%

Article Jan Gerber - 22 Nov 2018

Lesetja Kganyago says three of bank's monetary policy committee preferred an unchanged stance, while three voted for a 25 basis point hike

Inflation rises slightly to 5.1% in October — Stats SA

Article Agency - 21 Nov 2018

The South African Reserve Bank's monetary policy committee will be announcing its repo rate decision on Thursday

Repo rate stays put amid concerns over growth

Article Lynley Donnelly - 20 Jul 2018

Governor Lesetja Kganyago warns of upward pressure on inflation and the challenging outlook for domestic growth

SA interest rates unchanged

Article Agency - 24 May 2018

The last time SARB cut the repo rate before March was in July 2017, when the MPC reduced the rate by 25 basis points from 7% to 6.75%

Reserve Bank keeps benchmark repurchase rate unchanged at 7%

Article bogdan TagDiv - 24 Jan 2017

The key lending rate has remained unchanged since March after the monetary policy committee raised it by 200 basis points.

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