Tag: cut
Rubber linings cut downtime on mine operations
TWO African mines are achieving increased production time and plant availability after converting to Weir Minerals’ Linatex® and Linard® rubber lining solutions.
A mineral sands...
Repo rate falls to, 3.5% — its lowest since 1998
The South African Reserve Bank (Sarb) has cut the repo rate by another 25 basis points, to 3.5% a year, from 3.75%.
The repo rate determines the interest rate...
Another cut in the repo rate
The Monetary Policy Committee (MPC) once again voted in favour of lowering the repo rate this month by 50bp to 3.75%. The policy rate...
Repo rate cut by 50 basis points
The South African Reserve Bank (SARB) has cut the Repurchase (repo) rate by 50 basis points.
Effective 22 May 2020, the repo rate will be...
How to make the most of the latest interest rate cut
The South African Reserve Bank cut interest rates for the first time since March 2018 last Thursday, lowering rates by 25 basis points to...
Rand firmer as dollar falls on rate cut bets
The rand firmed early on Tuesday, boosted by a dollar slide to multi-month lows against other major currencies as investors looked to emerging markets...
Why now is a good time to buy a home
Herschel Jawitz, the chief executive of Jawitz Properties, said he believed South Africa might have seen the shortest interest rate cutting cycle in South...
South Africa rate cut likely in November
South Africa’s Reserve Bank is expected to cut interest rates again in November and possibly even September given the relatively tame inflation outlook, a...
How the interest rate cut will affect the property market
Rates cut by 0.25%
The decision by the Reserve Bank to cut rates has been welcomed as a decisive move. Not only will the cut...