SARB Announces 25 Basis Points Repo Rate Cut Amid Inflation Dip.
Pretoria: The South African Reserve Bank’s Monetary Policy Committee (MPC) has, in a unanimous decision, opted to cut the repo rate by 25 basis points, bringing it down from 8% to 7.75%, effective from Friday. This marks the second consecutive repo rate cut under Reserve Bank Governor Lesetja Kganyago, following