The Money Minute with Zinathi Gquma: Another Interest Rate Cut On The Cards For South Africa
Jan 28 2025
2 mins
Although NOT CONFIRMED YET - But there could be, an Interest Rate CUT tomorrow, from the South African Reserve Bank. This would be the THIRD CUT - since the SARB started CUTTING Rates, in September last year. The EXPECTATION - is for the CUT - to be ANOTHER QUARTER OF A PERCENT. At the PEAK, the Repo Rate was 8.25%. AND If we get a CUT tomorrow, it will be at 7.5%. Remember that th