Tag: interest rates
South Africa’s economy facing optimistic future
KPMG shares insights from their South Africa Economic Outlook
In search of fiscal consolidation
Positive post-election sentiment coupled with improved energy availability and reduced inflation provide growth momentum.
Inflation drops below target...
Buy now, rent out and benefit later
With interest rates starting to drop, now may be the ideal time to consider a buy-to-let investment, says Bradd Bendall, BetterBond’s National Head of Sales. “When it comes to buying a...
Economy recovering from a low base, says FNB
Following the South African Reserve Bank’s decision to keep interest rates at their previous level, FNB confirms that it will hold its prime lending rate at present levels and will review...
Reserve bank likely to maintain interest rates amid inflation concerns
As South Africa deals with persistent inflationary pressures, the South African Reserve Bank (SARB) is anticipated to keep interest rates unchanged at their upcoming May 30th Monetary Policy Committee (MPC) meeting....
SARB unchanged rates decision likely means property market activity remaining mediocre
Commentary by John Loss, , Property Sector Strategist at FNB Commercial Property Finance.
The unchanged repo rate decision was as expected by FNB. This means that the SARB has kept interest rates unchanged since May...
From “The bee in my bonnet” column – It’s a question of confidence
By Robin Hayes, Associate Editor
BRUCE Whitfield, compare of The Money Show on Cape Talk radio, pointedly informed listeners the day before SONA, that when Cyril Ramaphosa took office in 2018, the...
Unchanged rates decision expected to be mildly positive for commercial property and mortgage demand
The unchanged repo rate decision was as expected by FNB. This means that the SARB has kept interest rates unchanged since May 2023, after a prior 475 basis point hiking cycle...
Rate reprieve will lift holiday spirits after a tough year, says FNB
Following the South African Reserve Bank’s decision to leave its benchmark repo rate unchanged, FNB confirms it will maintain its prime rate at existing levels and will review this position after...
Staying the course will give homeowners an edge over the long term
Homeowners may have to hold out a little longer for a reprieve from increasing monthly bond repayments, as at least one more interest rate hike could be on the cards.
“However, there...
Why South African consumers should care about the upcoming budget speech
There are several factors that are affecting consumers, from high interest rates, higher food prices, loadshedding and higher fuel prices. Therefore, the national budget is an opportune time for consumers to...