Interest Rates 2024 South Africa. The reserve bank’s decision comes after statistics south africa released data indicating that inflation had eased from 5.5% in november to 5.1% in december. The south african reserve bank's monetary policy committee (mpc) has decided to keep the repurchase rate unchanged at 8.25% (prime and base home loan.

The south african reserve bank (sarb) is expected to cut interest rates in september—but the cut could be far bigger than previously expected. Explore trends in south africa’s interest rate through expert forecasts and analysis.