SA hikes interest rates, again

[BusinessTech]

SA hikes interest rates, again

In the second interest rate hike for the year, the South African Reserve Bank’s (Sarb) Monetary Policy Committee (MPC) hiked the repo rate to 6.25%, governor Lesetja Kganyago announced on Thursday.

 

[Wall]

eish

 

[Scooby_Doo]

Good to have no debt.

 

[The_Unbeliever]

sucks

house bond repayment will go up

 

[creeper]

Expected.

 

[drnaphtali]

The website states:
Repo 6.00 2015-11-19
Prime 9.50 2015-11-19


??

https://www.resbank.co.za/Pages/default.aspx

 

[Ninja'd]

Good to have no debt.

Bastard

 

[Dan C]

Good to have no debt.

Yup

 

[akescpt]

msp

 

[Kosmik]

Just in time for xmas

 

[ToxicBunny]

Yippee.... less money every month..

Thank you SARB...

 

[requiem]

Last payment of my car in december.

 

[JStrike]

Should be an excellent 12-18 months for me

EDIT : For my cash holdings at least

 

[AthenianOwl]

Good to have no debt.

+1

 

[Jola]

Too little.

 

[wombling]

I think that the interest rate isn't done going up for some time yet.

 

[MickeyD]

Yippee.... less money every month..

Thank you SARB...

More for me...

/Does happy dance