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Rate Cuts 2025 South Africa News
Rate Cuts 2025 South Africa News. Increasing oil prices and the weak rand are bad news for south africa, but the south african reserve bank still has scope to cut interest rates later this month and again in. The south african reserve bank’s (sarb) monetary policy committee (mpc) has decided to cut the interest rate by 25 basis points (bps) for the first quarter of 2025.
As a result of the 25bps rate cut, mortgage repayments will reduce by:. But economists now say there’s not much chance of further cuts in 2025.
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