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Repo rates hike will affect consumers – 8 tips to help you manage your debt

Repo rates hike will affect consumers – 8 tips to help you manage your debt

by Editor | Jul 26, 2022 | Featured, News

By Sinazo Mkoko The South African Reserve Bank (SARB) increased the repurchase rate by 75 basis points to 5.50% per year, with effect from the 22nd of July 2022. This is the biggest hike since 2002. In a statement released, SARB Governor Lesetja Kganyago said the...

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