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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...

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City proposes modification of weirs at Zeekoevlei and Rondevlei to improve...

THE City of Cape Town proposes the redevelopment and upgrade of the weirs at Zeekoevlei and Rondevlei that are located within the False Bay...

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