Be Smart. Be Intelligent. Be Informed.
by
Amanda Roothman on 19 November 2021
The South African Reserve Bank has lifted the repo rate by 25 basis points yesterday, November 18th, 2021.
The repo rate is now 3.75%. This is the first increase since April 2020.
The prime lending rate of commercial banks has subsequently increased to 7.25%.
Remember:
Knowledge is power.
Information is liberating.
Education is the premise of progress.
Be smart. Be intelligent. Be informed.