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More woes for consumers as interest rate hike looms and fuel levy relief comes to an end
Consumers are bracing for a challenging June as the Reserve Bank is poised to raise interest rates, coinciding with the end of fuel levy relief, further straining already tight household budgets.
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iol.co.za
Inflation surge fuels fears of deeper debt crisis for South African consumers
Debt counselling experts express deep concern over the recent spike in inflation in South Africa, warning that rising costs and potential interest rate hikes could further strain…
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SA's fuel price forecast for June
South African motorists are facing a mixed fuel price outlook for June, with petrol expected to climb to record levels while diesel prices could fall sharply—before government…
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SA financial sector at critical crossroads ahead of interest rate decision
While South Africa's housing market continues its steady recovery trajectory, growing global uncertainty and persistent energy cost shocks look set to push the SARB toward a…
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Consumers brace for June squeeze as rate hike looms and fuel relief ends
South African consumers may face a challenging June as the Reserve Bank is expected to raise interest rates amidst rising inflation and the gradual removal of fuel levy relief,…
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Home loan pain ahead? Economists warn of looming interest rate hike
South Africans may face higher home loan and borrowing costs as economists increasingly expect the South African Reserve Bank to raise rates this week.
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More woes for consumers as interest rate hike looms and fuel levy relief comes to an end
Consumers are bracing for a challenging June as the Reserve Bank is poised to raise interest rates, coinciding with the end of fuel levy relief, further straining already tight…
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Interest rate hike fears grow as inflation hits 19-month high
South Africans could face higher borrowing costs this week as expectations mount that the South African Reserve Bank will raise interest rates following a rise in inflation to 4%…
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Interest rates: The big consumer squeeze
Financial pressure mounts as shrinking salaries, rising living costs and record debt levels collide with growing expectations that the Reserve Bank could hike interest rates today.
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Brace for interest rate hike, but fuel cost could drop
This comes as consumers are already battling shrinking salaries, rising living costs and mounting debt.
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Stagnant salaries: More financial strain as interest rates are expected to rise
South Africans are grappling with rising living costs, stagnant salaries, and increasing debt as economists predict an interest rate hike by the Reserve Bank today.
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Interest rate hike looms as inflation hits 19-month high
With inflation climbing to 4%, South Africans brace for potential interest rate hikes from the SARB this week.
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Rates up, so are your debt repayments
Interest rates are expected to remain higher for longer as the war in the Middle East continues.
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Sarb hikes rates as inflation risks intensify amid Middle East crisis
The South African Reserve Bank has raised interest rates to 7% in response to escalating global inflation risks and domestic price pressures. Governor Lesetja Kganyago outlines…
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businessday.co.za
Reserve Bank hikes key interest rate to 7% as inflation risks intensify
MPC divided as rising oil and food costs threaten inflation targets
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businessday.ng
South Africa’s Reserve Bank hikes key interest rate to 7% as inflation risk intensifies - Businessday NG
The South African Reserve bank (SARB) raised its main policy rate by 25 basis points to 7% on Thursday, saying inflation risks stemming...
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Consumer finances set for tight squeeze as SARB MPC hikes repo rate
" As the South African Reserve Bank raises the repo rate to 7%, consumers face increased financial pressure. This decision, driven by rising inflation and global economic…
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South Africa hikes rates for first time since 2023 - Businessday NG
South Africa’s central bank raised its benchmark interest rate for the first time since 2023 on Thursday...
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mg.co.za
Reserve Bank hikes interest rate for first time since 2023 as oil shock, inflation risks mount
South African Reserve Bank raises interest rate to 7%, warning that oil shocks, food inflation and global instability could drive prices higher
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WATCH | Reserve Bank hikes rates as inflation risks intensify
Business Day TV spoke to Sanisha Packirisamy, group economist at Momentum Investments, and Gina Schoeman, economist at Citi
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South Africa interest rate hike: Higher home loan and credit repayments for consumers
Interest rates are expected to remain higher for longer as the war in the Middle East continues.