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Rate hike has a hidden upside for South African savers
Interest rate hike demonstrates SARB’s commitment to defending inflation target – and there’s also a silver lining for savers, says Jurgen Eckmann, Wealth Manager at Consult by Momentum.
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iol.co.za
Repo rate hike deepens financial pain for South African households
Economists and consumer experts warn that South Africans already battling rising food, fuel and electricity costs now face even greater financial strain following the latest repo…
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Property sector warns rising interest rates could slow housing delivery and job creation
South Africa woke up to another painful reality: interest rates have increased by 25 basis points at a time when the economy is already fragile, households are already stretched,…
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Warnings of financial pressure as South Africa's interest rates rise
As the South African Reserve Bank adjusts interest rates amidst rising inflation concerns, consumers brace for increased financial pressure, prompting experts to urge cautious…
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Interest rate hike adds strain to South African consumers amidst ongoing economic pressures
As the SARB's latest decision ripples through the economy, consumers and homeowners alike face new challenges and opportunities. Understanding the significance of this shift is…
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businessday.co.za
Bank made right decision to raise repo rate, says BLSA head Mavuso
The move protects price stability and long-term economic growth but labour is angry
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Rate hike has a hidden upside for South African savers
Interest rate hike demonstrates SARB’s commitment to defending inflation target – and there’s also a silver lining for savers, says Jurgen Eckmann, Wealth Manager at Consult by…
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As rand strengthens, a rate hike looms
Economists expect the Reserve Bank to raise rates again in July and potentially once more before year-end as the rand strengthens and inflation risks persist.
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Kganyago defends rate hike as safeguard against inflation expectations
Lag in policy effects ruled out waiting for more evidence, Bank governor says