The South African Reserve Bank cut its main repo rate by 25 basis points to 7.25% on Thursday, as tensions with the U.S. continue amid ongoing global uncertainty.

Monetary Policy Committee (MPC) has decided to reduce the repo rate by 25 basis points, with effect from 30 May.

South African property CEOs have welcomed the recent interest rate cut by the Reserve Bank, but they’re also not convinced ...

The South African Reserve Bank (SARB) Monetary Policy Committee (MPC) has voted to cut the country’s interest rates by 25 ...

The South African Reserve Bank has cut the repo rate by 25 basis points to 7.25%. It takes the rate at which consumers borrow from commercial banks to 10.75%. Governor Lesetja Kganyago says the ...

An economist believes the South African Reserve Bank may deliver good news to South Africans when it announces the repo rate on Thursday afternoon.

As it stands, opinion is divided over what the South African Reserve Bank's Monetary Policy Committee (MPC) may elect to do ...

Thursday’s repo rate cut is unlikely to bring much relief to cash-strapped consumers, as any savings will be offset by the ...

Photo: Kevin Lamarque/Reuters The South African Reserve Bank cut its main repo rate by 25 basis points to 7.25% on Thursday, as tensions with the U.S. continue amid ongoing global uncertainty.

The announcement comes as the bank foresees lower global interest rates and a weaker outlook for the local economy ...