Repo rate left unchanged at 7%
The Reserve Bank has decided to keep the repo rate unchanged at 7% per annum, Reserve Bank Governor Lesetja Kganyago said on Thursday.
Repo rate unchanged in September
The Reserve Bank’s Monetary Policy Committee (MPC) has kept the repo rate unchanged at 7% per annum.
Consumer Price Index (CPI) eases slightly in August
The annual Consumer Price Index (CPI) eased to 5.9% in August 2016, Statistics South Africa (Stats SA) announced on Wednesday.
July CPI inflation slows, but the low income groups are still being hit hard by rampant food price inflation
The July Consumer Price Index (CPI) year-on-year inflation rate slowed from a previous month’s 6.3% to 6.0%, thus sitting virtually in the 6% upper limit of the SARB’s (Reserve Bank) 3-6% inflation target range.
GDP contracts in first quarter of 2016
South Africa’s Gross Domestic Product (GDP) contracted by 1.2% in the first quarter of 2016, Statistics South Africa (Stats SA) announced on Wednesday.
John Loos says best tread carefully in volatile times as prime rate rise to 10.25%
The Reserve bank (SARB) Monetary Policy Committee (MPC) decided today to hike its policy Repo Rate by a further 50 basis points to 6.75%, a move that will see Commercial Banks raise their Prime rates to 10.25%.
2015 average house price growth was slightly slower than that of 2014 as a whole
In December 2015, the FNB House Price Index inflation rate continued its mild year-on-year growth uptick of recent months.
CPI annual inflation rate eases to 4.4% in January 2015
The Consumer Price Index (CPI) has eased to 4.4% in January 2015 from 5.3% in December 2014.
Repo rate remains unchanged at 5.75%
The repo rate will remain unchanged at 5.75%, new Reserve Bank Governor Lesetja Kganyago.
Reserve Bank raise repo rate to 5.75%
The Reserve Bank has decided to raise the repo rate by 25 basis points, taking it to 5.75%, Governor Gill Marcus said on Thursday.
eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.