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South Africa’s repo rate: potential 25-basis point interest rate cut ahead as inflation remains surprisingly lowSouth Africa, by contrast to the US, only experienced 0.50% worth of rate cuts last year – taking the overnight repo rate from 8.25% to 7.75%. What is unusual about current SA inflation ...
Economists predicted in November already that the inflation rate would start increasing again due to various factors.
As inflation is expected to increase more towards the end of the year, economists believe there is room for one more repo ...
While everyone is focusing on how a 17% VAT will cause price pain in South Africa, there are wider, and harsher implications if it comes to be.
Capitec Bank recently adjusted its savings accounts and interest rate structure, with some customers left confused and ...
In South Africa, the interest rates decisions are taken by the South African Reserve Bank’s Monetary Policy Committee (MPC). The official interest rate is the repo rate. This is the rate at ...
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The South African on MSNUncertainty over interest rates due to budget VAT hike impactThe VAT hike debate remains a hot topic ahead of the revised Budget Speech next week - and the Reserve Bank’s position on ...
3. Avoid building debt on your credit card. Try to pay off the full amount on your credit card each month. This type of debt has a high interest rate, and if you pay only the minimum required monthly ...
South African inflation edged up in January in the first release since the statistics agency updated its consumer price basket, but the headline rate remains near the bottom of the central bank's ...
South Africa's economy returned to modest growth in the fourth quarter of last year, helped by a recovery in agricultural ...
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