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MPC cuts repo rate by 25 basis points

20 Jan 2020

In its first meeting for 2020, the members of the SA Reserve Bank's Monetary Policy Committee (MPC) voted unanimously to reduce the repo rate by 25 basis points from 6.5% to 6.25%. This will have the effect of reducing the prime lending rate from 10% to 9.75%. Read more: How the interest rate ...

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Contained inflation made the case for an easing in the repo rate

20 Jan 2020

With limited, modest growth anticipated for the year ahead, it is encouraging that the Monetary Policy Committee saw fit to reduce the repo rate by 25bps in order to help kickstart the economy and foster increased confidence among consumers who are feeling the pressure of ever-rising costs. Contain...

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2020 - the year of home buying

17 Jan 2020

How to make 2020 your year of becoming a homeowner. The most important part of the journey to becoming a homeowner will always be one's ability to create a master plan with a realistic timeframe and a fool proof strategy to enable the implementation of every step. To achieve a new year's resoluti...

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The rising tide of the silver economy

17 Jan 2020

It's forecast that by 2050 the number of people in the 60-plus age group will have swelled by an additional billion, and they are already surpassing Millennials as key influencers for many industries, especially real estate. Whilst we may not yet have discovered the long-coveted elixir of eternal...

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