Be Smart. Be Intelligent. Be Informed.

by Amanda Roothman on 19 November


The South African Reserve Bank has lifted the repo rate by 25 basis points yesterday, November 18th, 2021. 

The repo rate is now 3.75%. This is the first increase since April 2020.

The prime lending rate of commercial banks has subsequently increased to 7.25%.

 

 

 

Remember: 
Knowledge is power. 
Information is liberating.
Education is the premise of progress. 

 

Be smart. Be intelligent. Be informed.

 

 

0 Likes & 1 View