Relief at last! South African interest rates drop by 25 basis points.

Is now the right time to buy? key factors to consider in 2025.

The South African Reserve Bank's (SARB) Monetary Policy Committee (MPC) has decided to reduce the repo rate by 25 basis points, with effect from 31 January 2025.

Carmen Nel, Economist and Macro Strategist, Matrix Fund Managers believes SARB getting ahead of the curve.

All eyes will be watching to see how the latest GDP figures impact the MPC’s interest rate decision next week, as well as eagerly awaiting the upcoming October Medium-Term Budget Policy Statement (MTBPS).

A slowing capital growth trend, into negative territory by 2019, has been in play in recent years. The Corona Crisis is likely to add momentum to this correcting trend in 2020.

City Lodge Hotels Limited (share code: CLH) has been approved for a secondary listing on A2X Markets on Wednesday 11 March 2020. 

Fairvest Property Holdings, a real estate investment trust with a market cap of R2 billion, has been approved for a secondary listing on A2X Markets.

Slight improvement in transaction volumes alongside mortgage advances.

A few months on from the May general election, a somber mood is once again settling in in the country, and one senses that there is a feeling that structural policy reforms that had been hoped for under a new presidency are not easily going to be forthcoming.