Tag - South African Reserve Bank

Making sense of interest rates

Last week, consumers received good news from the South African Reserve Bank (SARB) that the repo interest rate would be kept at 5.75%, which means that the retail rate at which consumers are offered credit, would stay at 9.25%. Absa provided this useful infographic Click on the infographic below for the full-size graphic.  

Time for the SARB to go on hold?

By Nazmeera Moola, economist and strategist, Investec Asset Management Consumers should be able to sleep somewhat easier in the next few months, as we have most likely seen the last interest rate hikes for 2014. This is partially due to the weak economic outlook. We expect the South African Reserve Bank (SARB) to keep rates on hold this Thursday...