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South Africa's inflation rate was steady in May, staying below the central bank's 3% to 6% target range as it pushes for the ...

Last week, the SARB’s Monetary Policy Committee (MPC) narrowly voted – three to two – to keep interest rates unchanged following ten consecutive rate hikes, with the repo and prime rates at ...

As a result, the prime interest rate will now ... The SARB has raised the repo rate at least six times in a row, as South Africa's economy continues to recovery slowly from global volatility ...

Although the residential property sector has welcomed the latest rate cut, the prime overdraft rate needs to be reduced by at least another 125 basis points for a sustained recovery.