SA is expected to experience further interest rate relief in 2026 as inflation continues to ease and economic growth remains ...

Explore how the prime rate influences consumer loans like mortgages, versus the repo rate's role in managing the money supply ...

Monetary Policy Committee (MPC) will meet next week for the first time in 2026 to determine the next interest rate move for the country.

South African banking customers have been paying a prime rate of the repo rate plus 3.5% since 2001. Is it time for a change?

South African Reserve Bank Governor Lesetja Kganyago suggests phasing out the prime interest rate, maintaining that greater ...

A home loan EMI comprises of two parts – principal and interest. The principal amount of an EMI remains constant, but the interest is variable. Ever wonder why a change in the external benchmark say ...

Following the RBI's repo rate cut, eight major banks have reduced interest rates, but it's not guaranteed that every loan's EMI will decrease immediately. When you will get relief in your EMI depends ...

The Reserve Bank of India, in its first policy meeting after the US Federal Reserve cut rates, kept the repo rate unchanged at 6.5%. RBI Governor Shaktikanta Das announced the unchanged repo rates ...

The 350 basis point gap between the repo or monetary policy rate and the prime rate has been fixed since 2001. Currently, the repo rate is 6.75% and the prime rate is 10.25%. Lenders use it as a ...