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Good news about interest rates in South Africa | SA News

Luke Fraser
 ·13 Nov 2025

The South African Reserve Bank is widely expected to cut interest rates next week, with further rate cuts anticipated in the future, given South Africa’s lower inflation target. 

The Reserve Bank’s Monetary Policy Committee (MPC) meeting on November 20 is expected to result in a 25-basis-point cut. 

Market expectations (the Forward Rate Curve) show a roughly 80% likelihood of a cut taking place next week. 

However, Annabel Bishop, Chief Economist at Investec, warned that the SARB may choose not to ease the repo rate at its…

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