# The GOOD Party says the decision by the South African Reserve Bank’s Monetary Policy Committee to reduce the repo rate by 25 basis points is a welcome but modest relief for indebted consumers. The prime lending rate for commercial banks decreases to 10.50-percent. GOOD’s secretary general, Brett Herron, says the country remains trapped in […]
# US president Donald Trump has signed an executive order modifying tariff rates for over 60 countries, as the new rates on imported goods take effect today. The duties range as high as 41-percent for Syria and 40-percent for Laos and Myanmar. Canada’s tariff rate has risen from 25 to 35-percent. The rate for South […]
# Build One South Africa welcomes the South African Reserve Bank’s Monetary Policy Committee’s decision to lower the interest rate by 25 basis points to seven-percent. The prime lending rate has been lowered to 10.5-percent. BOSA’s spokesperson, Roger Solomons, says this move brings much-needed relief to millions of citizens struggling under the financial noose of […]
# Die huisleningsonderneming BetterBond verwelkom die Reserwebank se besluit om die terugkoopkoers met 25 basispunte tot sewe-persent te verlaag, wat die prima uitleenkoers op 10,5-persent te staan bring, die laagste sedert 2022. Die nasionale hoof van verkope, Bradd Bendall, sê die skuif bied verligting vir huiseienaars. Hy het aangekondig verbandaansoeke het in die afgelope jaar […]
# Home loan originator BetterBond has welcomed the Reserve Bank’s decision to cut the repo rate by 25 basis points to seven-percent, bringing the prime lending rate to 10.5-percent, its lowest since 2022. National head of sales, Bradd Bendall, says the move offers relief for homeowners. He announced that bond applications rose 7.4-percent over the […]
# Die regering verwelkom die besluit van die Suid-Afrikaanse Reserwebank om die terugkoopkoers met 25 basispunte tot sewe-persent te verminder. Hy sê dit sal die druk op sukkelende huishoudings verminder. Dit word verwag dat die rentekoersverlaging leningskoste sal verlaag, beleggings sal stimuleer en ondernemings ondersteun. Die regeringswoordvoerder Nomonde Mnukwa, sê die besluit ondersteun pogings om […]
# Government has welcomed the South African Reserve Bank’s decision to cut the repo rate by 25 basis points to seven-percent. It says this will help ease pressure on struggling households. The rate cut is expected to lower borrowing costs, boost investment, and support businesses. Government spokesperson Nomonde Mnukwa says the decision supports efforts to […]
# Die Suid-Afrikaanse Reserwebank sê hy verkies dat inflasie op drie-persent bly, minder as die huidige teiken van drie- tot ses-persent. Die president van die Reserwebank, Lesetja Kganyago, sê laer inflasie kan laer terugkoopkoerse beteken, met modelle wat toon koerse sal mettertyd onder ses-persent daal. Kganyago beklemtoon die skuif is daarop gemik om verwagtinge te […]
# The South African Reserve Bank says it now prefers inflation to settle at three-percent, down from the current three- to six-percent target range. Reserve Bank governor, Lesetja Kganyago says lower inflation could mean lower interest rates, with models showing rates falling below six-percent over time. The governor stressed that the move aims to anchor […]
