The South African Reserve Bank (SARB) has made a significant move to bolster economic growth, announcing a reduction in the repo rate by 25 basis points, bringing it down to 7%, reports Cape {town} Etc. This decision, effective from 1st August 2025, comes in the context of a cautiously optimistic outlook for the South African economy, as indicated by Governor Lesetja … Continue reading Reserve Bank cuts repo rate to 7% as economy shows resilience