SA Reserve Bank keeps repo rate steady as global uncertainties rise

The South African Reserve Bank (Sarb) announced that the central bank’s Monetary Policy Committee (MPC) voted to keep the repo rate unchanged. This means that the repo rate will remain at 6.75% and the prime lending rate at 10.25%.  The decision from Sarb comes after escalating tensions in the Middle East have pushed the global economy into a period […]

Rising cost pressures loom as MPC keeps repo rate unchanged

In a move anticipated by many economists, the South African Reserve Bank (SARB) announced on Thursday that it would maintain the current repo rate. Neil Roets, CEO of Debt Rescue, weighed in on the implications of this decision, highlighting the hidden yet potent challenges facing consumers amidst global uncertainty and local economic strain. Roets said that while […]

Fuel & Electricity Price Increases in April 2026 | How Will It Affect You?

From 1 April 2026, South Africans will once again feel the impact of rising electricity and fuel costs and the effects will go far beyond just filling up your tank or paying your utility bill. Why these increases matter more than ever When fuel prices rise, the cost of transporting goods increases too. This has […]