South Africans look increasingly set to benefit from lower interest rates in 2026, with developments in the USA encouraging further cuts by the South African Reserve Bank (SARB).
South Africa has seen the repo rate drop to 6.75% over the last 15 months, with the SARB cutting interest rates from a high of 8.25% in September 2024.
Interest rate moves by the US Federal Reserve have a significant impact on decisions made by the SARB, as they affect the values of the rand and the dollar, respectively.
Investec Chief Economist…
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Fun South African Fact: South Africa has one of the world’s most luxurious trains.
Mr. Spy
Voetsek! – Go away! [foot-sak] Usually said with an angry tone when telling someone to go away or get lost. You don’t want to be saying this to a local or worse, if a local says this to you – you’ve really angered them!