Reserve Bank stalls on interest rate — but two cuts still expected in 2026

South Africa: Reserve Bank Keeps Repo Rate At 6.75 Percent

[SAnews.gov.za] The South African Reserve Bank's Monetary Policy Committee has kept the repo rate unchanged at 6.75%.

South Africa holds repo rate unchanged at 6.75 pct amid inflation, global risks

JOHANNESBURG, Jan. 29 (Xinhua) -- The South African Reserve Bank (SARB) on Thursday kept its benchmark repurchase rate unchanged at 6.75 percent, citing persistent inflation risks and heightened global uncertainty. Read full story

Reserve Bank stalls on interest rate — but two cuts still expected in 2026

The SA Reserve Bank has left the interest rate unchanged in the first 2026 meeting of the monetary policy committee.

SARB keeps interest rate on hold

As was widely expected, the South African Reserve Bank elected to keep the repo rate unchanged when it announced its latest interest rate decision on Thursday, 29 January. The decision was not unanimous with two of the six-person Monetary Policy Committee favouring a 25 basis point cut, while the four others opted for keeping the rate on hold. The repo rate thus remained at 6.75%, keeping the prime lending rate at 10.5%. The announcement left in…

Interest Rate Hold Provides Stability For Property Market

The South African Reserve Bank’s decision to keep the repo rate unchanged has been welcomed by property market experts, who say the move provides stability and supports growing confidence among homebuyers.   With the repo rate holding at 6.75% and the prime lending rate at 10.25%, experts say the steady rate environment provides much-needed certainty for both homeowners and prospective buyers at the start of 2026.   Toni Anderson, Head of Home S…