- South Africa lowers repo rate by 25 basis-point to 7%
- New private-sector-backed energy reforms aim to close a R4 trillion infrastructure gap by 2035
JOHANNESBURG, SOUTH AFRICA – The South African government has welcomed the Reserve Bank’s decision to lower the repo rate by 25 basis points to 7.00%, calling it a lifeline for households under strain from the high cost of living. This is the third rate cut by the SARB in 2025, totalling 75 basis points so far this year.
You need an active subscription to continue reading this article.