The South African Reserve Bank is expected to cut the benchmark repo by another 25 basis points on Thursday
Economists are expecting the South African Reserve Bank to cut interest rates by 25 basis points when it concludes its monetary policy meeting this week, essentially bringing the repo rate down to 7.50% and the prime rate to 11%.
This will be the third consecutive cut, after the Reserve Bank reduced rates by a cumulative 50 basis points in the last two meetings in 2024.
After…
