Monthly Archives: December 2015

Surprise Repo Rate Hike

Surprise Repo Rate Hike by SARB The South African Reserve Bank governor, Lesetja Kganyago, announced a quarter of a percentage point increase in the benchmark interest rate at SARB’s monetary policy committee (MPC) meeting on Thursday, 19 November 2015. This is the second rate hike for the year – the first hike was in July… Read more »