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More economists are shifting expectations to a long-term hold on interest rates in South Africa, explaining why the Reserve ...
First-time buyers now account for 72. 71% of the South African property market, reflecting increased confidence and ...
The rate cut takes the repo rate to 8% and the ... “Most home loans in South Africa are prime linked,” says Leonard Kondowe, National Manager for Rawson Finance. “That means the majority ...
Conversely, when the Reserve Bank increases the repo rate, borrowing becomes more expensive, which can cool an overheated economy and help manage inflation. In South Africa, the repo rate is one ...
When factoring in VAT, Jordaan noted that the tax rate for those earning R15,000 increased to 22.6% from 19.2% in 2015, while the burden for top earners rose from 40.3% to 43.2%. As South Africans ...
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