The South African Reserve Bank is expected to hike rates to 7% on May 28, its first increase since 2023, as Iran war-driven oil prices push inflation to 4%.

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,…

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%…

The South African Reserve Bank is expected to hike rates to 7% on May 28, its first increase since 2023, as Iran war-driven oil prices push inflation to 4%.

This comes as consumers are already battling shrinking salaries, rising living costs and mounting debt.

South African consumers have been here before-it is an expected response to what is happening globally, in order to manage a broad set of complex factors.

WITH the South African Reserve Bank set to announce an interest rate hike, experts weigh in on the implications for homeowners and the property market amidst global inflationary…

With inflation climbing to 4%, South Africans brace for potential interest rate hikes from the SARB this week.