News
4 hours ago
JOHANNESBURG - Some relief for South Africans as the Reserve Bank finally announces the much-needed interest rate cuts.
It's cut the repo rate by 25 basis points as predicted by many economists.
The repo Rate currently is now 8%, and the prime lending rate 11,5%.
The cut is the first time in four years.
Daniel Kazadi, director at the SA Property Investor Network shared his thoughts with eNCA.