Repo rate unchanged in July
The Reserve Bank on Thursday kept the repo rate unchanged at 7% - in line with market expectations.
Reserve Bank raises repo rate to 7%
The Reserve Bank on Thursday increased South Africa’s repo rate by 25 basis points to 7% per annum.
Further hike in interest rate not supportive of housing demand, says Dr Andrew Golding (increase of 25bps)
The Monetary Policy Committee’s decision to further increase the repo rate was unfortunate off the back of the January (2016) hike and given the pressing need to help stimulate growth in South Africa’s economy, says Dr Andrew Golding, chief executive of the Pam Golding Property group.
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%.
What the SARB 50 basis points repo rate increase mean for property owners
The SARBs Monetary Policy Committee has raised the repo rate by 50 basis points taking it to 6. 75% during its first meeting in 2016.
South Africa’s unemployment rate increased to 25.5% in the third quarter of 2015
South Africa’s unemployment rate increased to 25.5% in the third quarter of 2015, Statistics South Africa (Stats SA) said on Tuesday.
CPI inflation rises to 5% in July 2015
The Consumer Price Index (CPI) rose to 5% in July 2015, Statistics South Africa (Stats SA) said on Wednesday.
Repo rate increase a dampener for the property market
Dr Andrew Golding CEO of Pam Golding Property Group and CEO of Jawitz Properties Herschel Jawitz comment on the impact of the 25 basis point interest hike on the property market.
MPC hikes Interest rates by 25 basis point to 6%
The South African Reserve Bank’s Monetary Policy Committee (MPC) raised the key monetary policy interest rate – the repurchase, or repo rate – by 25 basis points from 5,75% to 6% per annum.
Repo rate to remain unchanged at 5.75%
The repo rate is to remain unchanged at 5.75% per annum, the Reserve Bank said.
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