Private sector replacing Eskom

The private sector is slowly replacing Eskom – not because of government policy but due to the power utility’s inability to serve the country’s energy needs. Eskom’s collapse has seen load-shedding increase from 192 GWh in 2018 to 19,794 GWh in 2023. The 10,200% rise in load-shedding over five years means South African households and…

Repo Rate remains stable at 8.25%

Breaking News! The SARB’s Monetary Policy Committee decided to keep the repurchase rate at its current level of 8.25% per year. Repo rate pause great news for consumers and property heading into festive season The decision by the Monetary Policy Committee to keep the repo rate unchanged at 8.25% (prime and base home loan rate…