Home News Good News for Consumers: South Africa’s Repo rate reduced to 6.75% News Good News for Consumers: South Africa’s Repo rate reduced to 6.75% The central bank said it remains concerned about the country’s inflation outlook, saying that inflation expectations remain sticky at the upper end of its 6% benchmark. By Contributor - July 20, 2017 Share Facebook Twitter Pinterest WhatsApp Linkedin ReddIt Email Print Telegram Digg By News Agency Staff The Reserve Bank’s Monetary Policy Committee (MPC) on Thursday reduced the repo rate by 25 basis points to 6.75%. Briefing reporters following the MPC’s meeting, Reserve Bank Governor Lesetja Kganyago said the bank “will not hesitate to revise the move if the need arises”. RELATED ARTICLESMORE FROM AUTHOR Flush With Cash, Naspers Could Be Shopping For Investment Opportunities Naspers Delays Listing Of Its Global Internet Assets In Amsterdam Vodacom Business Africa To Sell Angolan Operations To ITA Andile Ngcaba’s Firm Buys Three Vodacom Business Africa Operations Out There Media Participates In ’21 Days of Y’ello’ Care Community Initiative Naspers Foundry Takes A R30M Bet On SA’s Tech Startup SweepSouth President Ramaphosa To Pave The Path For The New Dawn ICASA To Conduct An Inquiry Into Must-Carry TV Regulations 100% Increase In The Number of Electric Vehicles Sold In South Africa LEAVE A REPLY Cancel reply Please enter your comment! Please enter your name here You have entered an incorrect email address! Please enter your email address here Save my name, email, and website in this browser for the next time I comment.