There was good news for South Africans in debt on Thursday when the SARB's monetary policy committee elected to cut the interest rate.
There was good news for South Africans in debt on Thursday when the SARB’s monetary policy committee elected to cut the interest rate.There was good news for South Africans in debt on Thursday when the SARB's monetary policy committee elected to cut the interest rate. Image: Adobe stock“The SARB’s decision to trim interest rates by 25 bps was to be expected, considering South Africa’s still sluggish economic growth.
That had represented a 15-year high and had several South Africans struggling to finance their debt.– on the assumption there are no further rate changes during that period.As highlighted above, the SARB had hiked interest rates by 475 basis points over the last 15 years, meaning in 2009 the prime lending rate stood at ‘Unbelievable’: Jozi FM host Penny Ntuli is trending after she revealed that she had turned down a big radio gig. Here’s why.
Ithuba is urging the R107 million Powerball jackpot winner from the Friday, 13 September draw to claim their life-changing prize. The Springboks will put their World Rugby No 1 ranking on the line once again this weekend, this time against Argentina in Santiago. Pearl Modiadie celebrated her son’s birthday on Instagram. The Law, Love & Betrayal actress penned a sweet message to Lewatle.
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