16.6 C
Cape Town
Saturday, August 8, 2020

LeaderBoad-Right

LeaderBoard-Left

Tag: rate

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 at which the central bank lends money...

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 3.75% per annum. SARB Governor Lesetja Kganyago made...

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 6.5%. This cut has led to banks...

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 in the wake of dovish turn by...

Lower rate expected for property valutations

The City of Cape Town’s General Valuation (GV) 2018 Roll is available on its website and is on display at various venues across the metro. The rate-in-the-rand will be published with the...

MUST READ

Liquor industry urges government to prepare to lift alcohol ban

The liquor industry is once again calling on government to lift the ban on alcohol. Their latest call is based on suggestions by the...

RECOMMENDED