Explore how the prime rate influences consumer loans like mortgages, versus the repo rate's role in managing the money supply and short-term lending among banks.

SA is expected to experience further interest rate relief in 2026 as inflation continues to ease and economic growth remains ...

The Reserve Bank lends money to banks at the ‘repo rate’, the banks add 3.5% to create the ‘prime rate’ – which we hear when ...

South Africa is widely expected to see interest rate cuts in the near future, with South Africa benefiting from developments ...

South African banking customers have been paying a prime rate of the repo rate plus 3.5% since 2001. Is it time for a change?

A home loan EMI comprises of two parts – principal and interest. The principal amount of an EMI remains constant, but the interest is variable. Ever wonder why a change in the external benchmark say ...

Since February, 2025, the MPC has reduced the repo rate by 125 bps to aid growth, with a 25 bps cut each in February and ...

Consumers can expect no reprieve from interest rate cuts this January, as the South African Reserve Bank (Sarb) maintains a cautious approach amid fluctuating inflation rates and economic uncertainty.

South African Reserve Bank Governor Lesetja Kganyago suggests phasing out the prime interest rate, maintaining that greater ...

Following the RBI's repo rate cut, eight major banks have reduced interest rates, but it's not guaranteed that every loan's EMI will decrease immediately. When you will get relief in your EMI depends ...

The Reserve Bank of India, in its first policy meeting after the US Federal Reserve cut rates, kept the repo rate unchanged at 6.5%. RBI Governor Shaktikanta Das announced the unchanged repo rates ...