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repo rate rise 25 basis pointslatest news & developments
Economists widely expect the South African Reserve Bank’s monetary policy committee to once again hold the interest rate at 8.25% when it concludes its meeting on Thursday.
ALEXANDER FORBES

‘A cruel slap’: Reserve Bank weighs inflation risks as the economy struggles

Critics have said the repo rate hike will jeopardise already sluggish economic growth, but others say the gradual increase will have little effect

  • Sarah Smit
9 min read
South African Reserve Bank governor Lesetja Kganyago. Photo: Waldo Swiegers/Bloomberg/Getty Images
BANK OF ENGLAND

Reserve Bank green-lights interest rate lift-off

The decision to hike the repo rate by 25 basis points comes in the wake of red-hot inflation in advanced economies and fears policymakers will start to dial back on accommodative…

  • Sarah Smit
5 min read