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Interest rate cut welcomed by motor industry amid economic pressures
The South African Reserve Bank's recent decision to lower interest rates by 25 basis points has sparked optimism in the retail motor sector, offering potential relief for consumers facing financial strain.
A lower inflation target will drive down interest rates and push GDP growth – SARB governor
This pivotal decision comes hand-in-hand with the proposal to lower the inflation target to 3%, promising a transition towards a low-inflation, low-interest rate economy—key elements essential for encouraging economic growth.
0. 25% interest rate drop: the perfect timing for homebuyers in today's real estate market
The residential property market has remained surprisingly resilient through a tough economic cycle, and this rate reduction will help reignite buyer confidence, especially among first-time buyers and the middle-income segment.
South African Reserve Bank cuts interest rates by 0. 25 percentage points
South African Reserve Bank governor Lesetja Kganyago has announced that the Interest rates will drop by 0. 25 percentage points.
Are SASSA beneficiaries losing money by switching to personal bank accounts?
With the rise of personal bank accounts among SASSA beneficiaries, hidden fees threaten to erode their essential support.
Give us an interest rate cut, let’s stimulate the economy - property expert
A robust cut of at least 25 to 50 basis points, is not just desirable, but a critical imperative as the economy stands at a pivotal juncture.
Interest rates in flux: property expert discusses potential outcomes amid uncertainty
The Bank of England and the European Central Bank drop their respective repo rates by 25 bps, and South Africa is expected to follow suit.
Urgent call for 50bps interest rate cut by SARB: Impact on South Africa's property market
The prolonged period of high interest rates has demonstrably hampered economic growth and placed significant strain on the economy and property market.
How Trump's tariffs could impact South Africa's economy, warns Reserve Bank
The SA Reserve Bank warns that Trump's tariffs could shrink GDP by 0. 69%, threatening economic stability.
Postbank black card suspension: Sassa advises gold card users to apply for alternative banking
Sassa urges gold card beneficiaries to apply for alternative banking options following Postbank black card suspension.
South African Reserve Bank hints at revising inflation target amid economic pressures
"SARB Governor Lesetja Kganyago has indicated the central bank is considering lowering its inflation target from the current midpoint of 4. 5% towards 3%, potentially aligning South Africa with other emerging markets. Economists suggest this move could eventually lead to lower interest rates and more sustainable economic growth, though short-term challenges may arise.
SARB interest rate easing cycle likely coming to an end, says Absa
Absa's economic team warns that the South African Reserve Bank's interest rate cutting cycle may be coming to an end following the decision to keep the repo rate unchanged at 7. 50%. Despite lower inflation forecasts, concerns about global trade tensions and domestic uncertainty are likely to prevent further cuts in the near term
SA’s economy is a ‘no-growth zone’- and the jobs crisis is just the start
Despite the JSE’s All Share showing significant gains since the pandemic, South Africa is unlikely to achieve the economic growth needed to create a million jobs this year, according to experts.
South Africa joins Japan, USA, England, China, Sweden in keeping rates unchanged this month
Global trends were to keep rates unchanged. Only the Swiss National Bank (SNB) bucked the trend and lowered its interest rate once more.
Disappointing news for South Africans as interest rate remains unchanged
South Africa followed America's lead and kept the interest rates unchanged. A big blow for homeowners with bonds and home buyers, plus other debt holders.
Reserve Bank expected to keep interest rates on hold amid VAT, inflation pressures
The South African Reserve Bank faces a crucial decision on interest rates as inflation continues to challenge economic stability. Here's what economists predict and how it could affect your wallet.
Will South Africa follow the US on interest rates? Anticipation grows for a cut today
The US kept their rates steady. Will South Africa follow suit? Battered homeowners and property experts are hoping for and anticipating a cut today.
How interest rate cuts can lower capital costs and boost the property sector
Lower interest rates will reduce the cost of financing homes, thus enabling a higher affordability at a given monthly financing payment.
Reserve Bank expected to keep interest rates on hold amid VAT, inflation pressures
The South African Reserve Bank faces a crucial decision on interest rates as inflation continues to challenge economic stability. Here's what economists predict and how it could affect your wallet.
Will South Africa's interest rates echo Trump's policies? Key insights ahead of the announcement
The President of the USA, the world’s biggest economy said with the oil price going down, he will demand that interest rates drop immediately and likewise they should be dropping all over the world.
South Africa's consumer inflation remains steady at 3. 2% amid rising production costs
South Africa's economic landscape is experiencing varied inflationary pressures across different sectors, demanding attention from both policymakers and consumers. This analysis explores the key factors driving these changes and their implications for the economy. "
Will interest rates be cut this week? Experts say yes, at least 25bps, but 50bps would be better
Another interest rate cut this week, together with the lower transfer duties announced in the budget last week, will add further impetus to the market, especially for first-time buyers.
Analysts revise South Africa's inflation outlook amid cautious optimism
South African financial experts have adjusted their inflation expectations downward for 2025, with the Bureau for Economic Research's latest survey showing a decrease from 4. 5% to 4. 3%. This shift comes amid varying outlooks from analysts, business executives, and trade unions, pointing to a cautiously optimistic economic forecast.
Experts divided on potential interest rate cut as MPC meeting approaches
Experts share their insights on the anticipated interest rate decisions by the Monetary Policy Committee, considering economic pressures such as inflation and VAT increases.
Experts divided on potential interest rate cut as MPC meeting approaches
Experts share their insights on the anticipated interest rate decisions by the Monetary Policy Committee, considering economic pressures such as inflation and VAT increases.