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How much more you’ll pay on your bond after the latest interest rate hike in South Africa | SA News

Malcolm Libera
 ·28 May 2026

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The South African Reserve Bank (SARB) has hiked the repo rate by 25 basis points, which property experts say will put further pressure on households already strained.

Following the latest Monetary Policy Committee meeting, the repo rate increased to 7.00%, while the prime lending rate climbed to 10.50%.

Four members of the committee voted in favour of the hike, while two voted to keep rates unchanged.

The decision comes as inflationary pressures remain elevated….

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