Repo Rate remains unchanged at 8.25%, a boost for homebuyers
The South African Reserve Bank’s Monetary Policy Committee decided to keep the repurchase rate at its current level of 8.25% per year, with effect from 22 September 2023. Stable repo rate a boost for home buyers Having seen the Reserve Bank raise the repo rate by a total of 475 basis points between November 2021 and May 2023…