
Mangondlo
@mangondlo
Managing Director at @ConsultingOrbz | Certified Biometric Officer | Author of the Book titled: Gaddafi's Legacy: The Rise & Fall of the Revolution| Historian.
ID: 1365146582673457155
http://Www.OrbzConsulting.co.za 26-02-2021 03:48:18
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The South African Reserve Bank (SARB) ๐ต๐ฎ๐ ๐๐จ๐ง ๐ถ๐ป๐๐ฒ๐ฟ๐ฒ๐๐ ๐ฟ๐ฎ๐๐ฒ๐ ๐ฏ๐ ๐ฌ.๐ฎ๐ฑ%. ๐ฟ๐ฆRepo Rate = 7.00% ๐ฟ๐ฆPrime Rate = 10.50% In simple terms: This move make borrowing cheaper. This cut aims to boost spending, loans and economic growth without fueling price rises.




