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.
8 Articles
8 Articles
SARB hikes repo rate to 7.25% amid global shocks
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 →
Sarb hikes rates as oil, Middle East tensions bite
Renewed inflationary pressure, particularly from higher oil and fuel prices has seen the South African Reserve Bank (Sarb) raise its key policy rate by 25 basis points, from 7% to 7.25%, and the prime lending rate to 10.75%.
Possible SARB Rate Hike Has SA Wallets Bracing For Another Squeeze
[Image: SARB / Facebook] South Africans could be six hours away from another interest rate hike, with several economists expecting the South African Reserve Bank to add 25 basis points when its Monetary Policy Committee announces its decision at 15:00 today (Wednesday). The call is far from unanimous. SABC News reports that analysts at Standard Bank and Makwe Fund Managers expect a quarter-point increase, while Eyewitness News says the Bureau fo…
Global Oil Shock Intensifies Inflation Risks: SA Reserve Bank Hikes Rates By 25 Basis Points
Johannesburg – The South African Reserve Bank (SARB) has raised its benchmark repo rate by 25 basis points to 7.25%, effective from 25 September. The “unanimous decision” by the Monetary Policy Committee (MPC) was announced today, Wednesday, 23 September 2026, brings the prime lending rate to 10.75%. Announcing the decision, Reserve Bank Governor Lesetja Kganyago […]
MPC hikes policy rate by 25 basis points to 7.25% - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.
Reserve Bank Governor Lesetja Kganyago says the global shocks are hurting the economy.
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