Members of the Monetary Policy Committee of the South African Reserve Bank are meeting, to discuss whether to raise the repo rate, for possibly the second time this year.

Published on

24 March 2022

The repo rate is currently at 4 %. In January it was raised by 25 basis points. Stats SA has meanwhile confirmed that annual consumer inflation in February has held steady at 5,7%. FNB Economist, Koketso Mano says this might be a preview of a repo rate increase.

Merentia Van Der Vent

Merentia joined the media world in 1996 and in 2001, she took her first steps in the broadcasting world. In her free time, she likes to go on adventures in the city. She also likes to learn new dances, not that she is any good at that.

Latest articles

There are also reports that members of the unions, SATAWU and Cosatu will embark on a solidarity strike with e-hailing drivers today.

The Little Optimist Trust opens sailing academy at V&A Waterfront

Members of the Monetary Policy Committee of the South African Reserve Bank are meeting, to discuss whether to raise the repo rate, for possibly the second time this year.

Latest articles

SANParks defends safety on Table Mountain amid crime concerns

Embrace your Heritage with Tjops & Choons Weekend

Home Affairs offices open every Saturday until 12 October 2024

Farm workers protest; Labour & housing issues in Cape Winelands

Learn the art of brining, curing and spicing

Free entry to City nature reserves

LEAP officers to be redeployed