South Africa hikes interest rates

20 November 2015, Pretoria – In the second interest rate hike for the year, the South African Reserve Bank’s (Sarb) Monetary Policy Committee (MPC) hiked the repo rate to 6.25%, governor Lesetja Kganyago announced on Thursday. It was the last MPC meeting for the year and follows a 25 basis point increase in July. The […] More »