The Trump administration’s 25% tariff on imports of vehicles and light trucks is bad news for South Africa’s auto manufacturing industry.

The unchanged repo rate coupled with the upcoming 0.5% VAT increase is a double blow for consumers who are battling high debt levels as well as high prices and income that does not keep up with ...

From September 16th of 2013, the official interest rate is the one-week auction repo rate. Until September 15th of 2013, the official interest rate was the refinancing rate, which was seen as a ...

The South African Reserve Bank kept the repo rate at 7.5%, maintaining the prime lending rate at 11%, as inflation remains contained and growth projections for 2025 show a slight decline. Eskom has ...

JOHANNESBURG, March 20 (Xinhua) -- The South African Reserve Bank (SARB) has kept the repo rate unchanged at 7.5 percent due to inflation remaining within the target range, the central bank ...

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The RBI had initiated the repo rate-cut cycle in February. The repo rate was cut by 25 basis points (bps) to 6.25% from 6.5% on February 7, 2025. US Fed Chair Jerome Powell’s comments on the ...

Repo rate cuts by the Reserve Bank of India (RBI) have a direct impact on personal loan interest rate and EMIs (Equated Monthly Installments). The interest rate at which the RBI lends to ...

He said four members of the MPC preferred keeping the rate steady, while two favoured a 25 basis point cut. Kganyago said the decision comes amid risks to the economic forecast on both the ...

27, 2024, in central Denver. (AP Photo/David Zalubowski, File) Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] Associated Press (AP) — The average rate on a 30-year mortgage in ...