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SARB Hikes Repo Rate to 7.25% Amid Global Shocks

The unanimous increase could raise repayments for variable-rate borrowers while supporting savers as the bank cites global uncertainty and inflation risks.

Summary by CapeTown ETC
South Africa’s repo rate is heading higher after the South African Reserve Bank (SARB) Monetary Policy Committee (MPC) increased the policy rate by 25 basis points, effective from 25 September, Cape {town} Etc reports. The policy rate will rise to 7.25%, up from 7% at the previous MPC meeting. The decision was unanimous, according to the SARB’s announcement on X.... Read more →

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2oceansvibe.com broke the news on Wednesday, September 23, 2026.
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