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You are here: Home / News / SARB hikes repo rate to 7%

SARB hikes repo rate to 7%

24 November 2022 by Alan

SARB hikes repo rate to 7%:

The repurchase rate (repo rate) in South Africa reached 7% after the SA Reserve Bank’s (SARB) Monetary Policy Committee (MPC) agreed to a 75 basis points hike.

: SAnews – South African News sihle

Evening load shedding reduced to Stage 3:

Due to the diesel supplied by PetroSA this week, Eskom says it will now reduce load shedding during the night from Stage 4 to Stage 3 at 16:00 to 05:00 until Monday morning.

: SAnews – South African News Gabisile

President Ramaphosa confident that Eskom will resolve load shedding issues:

President Cyril Ramaphosa has assured South Africans that he is confident that issues at Eskom -which has been rolling out load shedding due to power plant breakdowns, will be resolved.

: SAnews – South African News Gabisile

Beneficial UK State Visit solidified relations:

South Africa’s two-day Royal State Visit to the United Kingdom was beneficial and helped solidify already strong relations between the two countries, says President Cyril Ramaphosa.

: SAnews – South African News sihle

Gordhan denies claims about DA access to Kusile Power Station:

The Department Public Enterprises Minister, Pravin Gordhan, is accusing the Democratic Alliance (DA) of “political grandstanding” over the electricity crisis by attempting an unplanned visit to the Kusile Power Station on Wednesday.

: SAnews – South African News Gabisile


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Have you tried: Whale and Dolphin Watching in Algoa Bay?

Fun Western Cape Fact: The weather, dramatic scenery and great locations have made Cape Town a popular location for filmmakers. Just some of the films you might have seen on your TV or at the cinema include; Safe House (2012), Invictus (2009), Blood Diamond (2006), Lord of War (2005) and Ryans Daughter (1970). Two films, Safe House and Chronicle, made in 2012 were filmed entirely in Cape Town.


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