SA likely to exit technical recession in 3rd quarter
South Africa is likely to exit its technical recession in the third quarter, the Bureau of Economic Research (BER) said on Tuesday.
Repo rate unchanged at 6.5%
The Reserve Bank has decided to keep the repo rate unchanged at 6.5% per annum, Governor Lesetja Kganyago said on Thursday.
Rebosa welcomes request for probe into Estate Agency Affairs Board
Rebosa welcomes request for probe into Estate Agency Affairs Board
Steady repo rate mirrors stability in residential property market, says Dr Andrew Golding
As expected, the Monetary Policy Committee kept the repo rate stable, with analysts and market commentators ahead of today’s announcement (24 May 2018) pointing to a more hawkish stance amid a weaker rand.
No change in repo rate
The repurchase rate will remain unchanged at 6.75% per annum, Reserve Bank Governor Lesetja Kganyago has announced.
Repo rate remains unchanged at 6.75%
The Reserve Bank on Thursday kept the repo rate unchanged at 6.75% per annum, Reserve Bank Governor Lesetja Kganyago said.
Inflation forecast to dip to 6.4%
South Africa’s inflation has been forecast to dip to 6.4% for the remainder of 2016, National Treasury said on Wednesday.
Old Mutual to separate its four business units
Old Mutual has held constructive discussions with National Treasury, the Reserve Bank and the Financial Services Board (FSB) over the course of its strategic review.
Residential property transactions climbing despite weakening economy
The total value of sales in the South African housing market has been steadily increasing, with an 8.3% increase in the value of residential-property transactions from 2014 to 2015.
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%.
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