Tag: repo rate
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...
Political and economic certainty will boost SA residential property sales
ESTATE agents surveyed by Lightstone at the end of 2023 say political and economic certainty will lead to better residential property sales after a disappointing 2023, where less than 40% said...
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...
What to expect from the announcement on Thursday
Prof Andre Roux is an economist at Stellenbosch Business School
Just as the Reserve Bank Governor announced the increase in the repo rate two months ago, we knew that another hike was...
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...
Repo rate to rise in March but panel divided on when the rate will...
95% of Finder’s panel forecast a rate hike at the March meeting
77% think the rate will increase by 25 bps, 14% by 50 bps
However, nearly one in three...
Rate hiking cycle may be nearing an end, says FNB
Following the South African Reserve Bank’s (SARB's) decision to increase its repo rate by 0.25%, FNB will lift its prime lending rate by 0.25% with effect from Friday, 27 January 2023.
Jacques...
Pressure to hike interest rates remains, says FNB
Following the South African Reserve Bank’s (SARB's) decision to increase its repo rate by 0.75%, FNB will raise its prime lending rate by 0.75%.
FNB CEO Jacques Celliers says, "We must commend...
Repo rate remains unchanged at 3.5%
The Monetary Policy Committee has decided against changing the repo rate, once again keeping it at 3.5% per annum, said Reserve Bank Governor Lesetja Kganyago.
Speaking during a virtual media briefing on...
Repo rate to hold but a rate hike could be around the corner
The South African Reserve Bank (SARB) is set to hold the repo rate at the 23-25 March meeting, according to a unanimous vote by 25 economists on Finder’s repo rate forecast...