[Opinion] South Africa: Cosatu SARB Repo Rate Expectations Statement

South Africa: Cosatu SARB Repo Rate Expectations Statement

The Congress of South African Trade Unions (COSATU) alongside millions of highly indebted workers keenly awaits the South African Reserve Bank's Monetary and Policy Committee's meeting on the repo rate Thursday 29 May 2025.

Interest rate: Economists divided over a SARB cut

As it stands, opinion is divided over what the South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) may elect to do later this week. Forward rate agreements point to a cut of 25 basis points, which is echoed by Bloomberg consensus. However, many local economists foresee a hold on rates being just as likely, given the lingering uncertainty in global markets. The decision to hold rates at the most recent meeting in March was not una…

SA Reserve Bank expected to lower rates

SA Reserve Bank expected to lower rates Vusi.Bafetane Wed, 05/28/2025 - 19:27 JOHANNESBURG - Consumers may soon get some relief, as the South African Reserve Bank's Monetary Policy Committee is expected to announce its latest interest rate decision on Thursday.A consensus among two economists is that the MPC will cut the repo rate by 25 basis points.A welcome breather for consumers who just this month narrowly escaped a VAT hike.eNCA's Moloko M…

Interest rates: Economists split on whether SARB will cut or hold

Currently, analysts hold differing views on what the South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) will decide later this week. Forward rate agreements suggest a 25 basis point cut, a prediction Bloomberg consensus also supports. However, several local economists believe the MPC is just as likely to keep rates unchanged due to ongoing uncertainty in global markets. The decision to hold rates at the most recent meeting in Ma…