PASISA’s Post

The SA Reserve Bank's Monetary Policy Committee has reduced interest rates by 25 basis points, lowering the repo rate to 8% and the prime rate to 11.50%. This decision provides some financial relief for businesses and consumers, with home loan repayments on a R2-million bond dropping by almost R350. As inflation continues to cool, driven by declining fuel prices, more economic recovery is expected. At Pasisa, we monitor these shifts closely to provide our clients with strategic financial advice. Now, more than ever, understanding interest rates and their impact is essential for sound financial planning. #Pasisa #InterestRates #FinancialAdvice #SARB #EconomicRecovery

  • logo

To view or add a comment, sign in

Explore topics