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M2 PRESSWIRE-August 29, 2024-: Media Statement: Standing Committee on Finance Calls on South African Reserve Bank (SARB) to Seriously Look at High-Interest Rate Issue (C)1994-2024 M2 COMMUNICATIONS RDATE:29082024 The Standing [...]

What's happened? The South African Reserve Bank (SARB, the central bank) held the policy interest rate at 8.25% on January 25th-a 15-year high-as we expected. High interest rates, including a [...]

South African food producers, among the biggest on the continent, are spending hundreds of millions of rand mitigating prolonged rolling power blackouts, water supply issues and crumbling infrastructure. Source: www.unsplash.com [...]

Urban households in South Africa saw no movement in electricity and fuel costs between March and April, official data showed Wednesday, but the central bank raised its interest rate to [...]

With the South African Reserve Bank (Sarb) set to make another interest rate announcement on Wednesday, 24 May, experts are anticipating an eighth consecutive interest rate hike that will take [...]

What's happened? In early April the monetary policy committee (MPC) of the Central Bank of Lesotho (CBL) raised its policy rate by 25 basis points, to 7.5%. The MPC maintained [...]

In late January, the Monetary Policy Committee (MPC) hiked interest rates for the eighth consecutive time, by 25 basis points, taking the repo rate to 7.25% and the prime interest [...]

While a rate hike is never welcome news, the latest 25bps increase to 7.25% (base home loan rate to 10.75%) was largely expected and factored in by the property market. [...]

The Monetary Policy Committee (MPC) has increased its repo rate by 25 basis points with effect from 27 January 2023. The revised repurchase rate hike brings the repo rate to [...]

Historically, interest rate hikes have had a dampening effect on the local residential property market, says Rhys Dyer, CEO of Ooba Group, along with reduced applications for home loans as [...]

Byline: Bomikazi Zeka The governor of the South African Reserve Bank recently announced an increase in the lending rate (https://www.reuters.com/article/safrica-economy-rates-idUSKBN2QN19Y) by 75 basis points. This means the repo rate (the [...]

Summary: The 0.75 basis point interest rate hike by the South African Reserve Bank (Sarb) brings the cumulative amount of interest rate hiking since November 2021 to 2.75 basis [...]

As the Bank of Namibia readies to announce the monetary policy decision on 13 April, economists expect the repo rate to be raised by 25 basis points, amid the pressures [...]

As the Bank of Namibia readies to announce the monetary policy decision on 13 April, economists expect the repo rate to be raised by 25 basis points, amid the pressures [...]

After reprieve at the petrol pumps in January, South African motorists could see another hefty hike in February on the back of increasing international oil prices, according to economists from [...]

Summary: Many have been holding their breath in anticipation of a minor interest rate upswing after the extended period of record-breaking lows and it has happened! The South African Reserve [...]

Summary: This morning the rand is trading stronger at R15.47 ahead of the South African Reserve Bank's (SARB) Monetary Policy Committee (MPC) interest rate decision later [...]

Summary: The decision by the South African Reserve Bank (Sarb) to retain the repo rate at 3.5% (home loan base rate at 7%) is disappointing for the economy and property [...]

Summary: As widely expected, the South African Reserve Bank (Sarb) kept the repo rate steady at a record low of 3.5% in its first meeting of [...]

Summary: The decision by the South African Reserve Bank (SARB) to retain the repo rate at 3.5% (home loan base rate at 7%) is disappointing and out of step with [...]

Basel, Switzerland: Bank for International Settlements has issued the following press release: Ladies and gentlemen, good morning and welcome to the Market Practitioners Group (MPG) Forum. The MPG is a [...]

The Bank of Namibia (BoN) and the South African Reserve Bank (SARB) have cut the repo rate several times since both countries announced states of emergency, closed borders and locked [...]

The Bank of Namibia (BoN) and the South African Reserve Bank (SARB) have cut the repo rate several times since both countries announced states of emergency, closed borders and locked [...]

Byline: Fouche Brand THERE IS MUCH speculation regarding how central banks worldwide will further manage and deal with interest rates in an attempt to mitigate the impact of Covid-19. Before [...]

Publication of the statement of methodology and the policies governing the South African Reserve Bank-administered interest rate benchmarks. The South African Reserve Bank (SARB) today published the Statement of methodology [...]

Summary: The recent decision from the South African Reserve Bank to leave interest rates unchanged was met with disappointment from several sectors... The recent decision from the South African Reserve [...]

Summary: The recent cut in interest rates, coupled with a reduction in petrol prices and a stronger Rand, while marginal, will go a long way to provide relief to farmers [...]

Byline: Charmaine NgatjiheueAS THE Bank of Namibia is set to announce a possible change in the repo rate in roughly three weeks, analysts believe it will be left unchanged at [...]

The South African Reserve Bank (SARB) embarked on a public consultation process on 30 August 2018 to solicit input on proposals for the reform of key interest rate benchmarks used [...]

Summary: Let's have a look at what cryptocurrencies are, why bitcoin is making headlines, and what the regulatory environment's response to this new trend is... Let's have a look at [...]

Summary: The answer is more complex than it would seem at face value. There are various factors at play, the most important being market conditions which affect so many elements [...]

Summary: South African Reserve Bank governor, Lesetja Kganyago announced recently at the first Monetary Policy Committee meeting of 2017 that the repo rate will remain unchanged at 7% with the [...]

Summary: The decision by the South African Reserve Bank's Monetary Policy Committee to retain the repo rate at the current 7% (home loan base rate of 10.5%) for the fourth [...]

MORE pressure seems to be mounting on the Central Bank of Swaziland (CBS) as South African economists says inflation might peak at 8.1 percent in December this year which might [...]

Summary: Lesetja Kganyago, South African Reserve Bank (SARB) governor, announced on Thursday afternoon, 28 January, that the SARB monetary policy committee (MPC) has decided to hike the interest rate by [...]

Event Data released on January 20th showing a pick-up in both retail sales and inflation suggest that the South African Reserve Bank (SARB, the central bank) is likely to raise [...]

Dec 07, 2015 (The Namibian/All Africa Global Media via COMTEX) -- Bank Windhoek Holdings expects the Bank of Namibia to increase its repo rate this week. The repo rate is [...]

The Monetary Policy Committee (MPC) of the South African Reserve Bank (Sarb) on Thursday decided to retain the repo rate at 5.75%, in what could be interpreted as a positive [...]

Event The South African Reserve Bank (SARB, the central bank) kept the benchmark interest rate on hold at 5.5% on May 22nd, despite inflation breaching the 6% target ceiling by [...]

Summary: The South African business community and the property marketing and development sector in particular breathed a collective sigh of relief yesterday when the South African Reserve Bank's Monetary Policy [...]

FROM THE ECONOMIST INTELLIGENCE UNIT The monetary policy committee of the South African Reserve Bank (SARB, the central bank) cut the benchmark repurchase interest rate by another 50 basis points [...]

Sep 10, 2010 (South African Reserve Bank/All Africa Global Media via COMTEX) -- 1. Introduction Since the July meeting of the Monetary Policy Committee, domestic inflation has moderated to lower-than-expected […]

Johannesburg, Apr 08, 2010 (Business Day/All Africa Global Media via COMTEX) -- There is no reason to change from the current fixed spread of 350 basis points between the repo […]

Johannesburg, Jun 25, 2009 (Business Day/All Africa Global Media via COMTEX) -- THE market is anticipating a rates cut at the South African Reserve Bank's Monetary Policy Committee's (MPC) announcement [...]

Byline: Bathandwa Mbola Pretoria, Mar 20, 2008 (BuaNews/All Africa Global Media via COMTEX) -- The increases in the prices of food and petroleum are important drivers of inflation. According to […]

Byline: Emma Kakololo Windhoek, Dec 11, 2007 (New Era/All Africa Global Media via COMTEX) -- Standard Bank of Namibia has decided to leave the bank rate unchanged at 10.50 percent, […]