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Interest rate hike increases strain on South Africa’s property market affordability
Delivering the Statement of the Monetary Policy Committee on Thursday afternoon, Lesetja Kganyago, Governor of the South African Reserve Bank(SARB) said the committee decided to increase the policy rate by 25 basis points, to 7%, effective from 29 May.
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iol.co.za
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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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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businessday.co.za
RUFARO MAFINYANI | The case for the rate hike no-one wants
Cheap money's hidden cost widens the gap between rich and poor
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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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Households under pressure as SA heads into May MPC rate decision
With the South African Reserve Bank poised to announce its interest rate decision, experts warn that rising costs are already straining households.
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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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South African property market braces for interest rate hike as SARB decision looms
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.
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South African interest rates expected to rise amid global inflation concerns
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…
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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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South African Reserve Bank faces inflation challenges amid repo rate decision
As the Monetary Policy Committee prepares to announce its repo rate decision, lead economist Frank Blackmore shares insights on inflation challenges, potential geopolitical…
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South Africa’s property market looks better on paper ahead of interest rates decision
Explore how the recent interest rate decisions by the South African Reserve Bank are affecting the property market, revealing a complex landscape of opportunities and challenges…
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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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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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Interest rate hike increases strain on South Africa’s property market affordability
Delivering the Statement of the Monetary Policy Committee on Thursday afternoon, Lesetja Kganyago, Governor of the South African Reserve Bank(SARB) said the committee decided to…
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‘A balance of risks’: Why Reserve Bank is hiking repo rate by 25bps
While downside risks to growth are present, Sarb governor Lesetja Kganyago said the fundamentals of the economy remain intact.
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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 African Reserve Bank raises repo rate: What it means for consumers
Discover how the South African Reserve Bank's recent decision to raise the repo rate impacts consumers and the economy, amidst rising inflation and global tensions.