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 - Jul 20, 2017 Facebook Twitter Linkedin WhatsApp Telegram ReddIt Pinterest Email Print 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 Telkom Announces Gaming Content Creator Competition Why Your Business Needs the MPS Connector™ Mastercard Bring Contactless Payments To SA’s Informal Economy WeThinkCode To Spend R9.2 Million To Establish New Campus In Durban Telkom Introduces New Closer Calling Plans Aligned To SmartVoice Liquid Telecom Says Its Services Unaffected By SEA-ME-WE 5 Outage Telkom’s Blue Bargain Sale Offers Discounted Prices on Selected FreeMe Deals Decision Inc. Awarded Qlik Elite Partner Status in Africa Microsoft Unveils Industry-Specific Clouds To Enable Innovation Spotify Launches New Markets in Africa Microsoft Adds Optical Character Recognition Support for Afrikaans and Zulu TymeBank Attracts R1.6 Billion In Foreign Investment 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.