Posts by c@admin

News24 – Read Article The MPC’s decision means the monthly instalment on a new R2-million home loan at the prime rate will be almost R350 cheaper. Since the MPC started hiking rates in 2021, repayments on a R2-million bond surged by R7 000 a month. As expected, the SA Reserve Bank’s monetary policy committee (MPC) lowered…

News Article – Business Tech Absolutely! If South Africa is expecting both lower petrol prices and a potential reduction in interest rates next month, that would be positive news for many. Lower petrol prices can ease the cost of living and transportation expenses, while reduced interest rates might lower borrowing costs for consumers and businesses,…