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Brief note intended as a more regular interface with our clients. The emphasis is to provide our interpretation of important economic events, such as South African Reserve Bank interest rate statements, and key data releases, including GDP growth figures.
The Monetary Policy Committee (MPC) of the SA Reserve Bank (SARB) decided to increase the policy interest rate by 25 bps. This takes the policy interest rate to 7% and the prime to 10.5%. This increase comes just three meetings after the SARB’s most recent rate cut (in November 2025, the SARB cut by 25bps to 6.75%).
