RISE fm RISE fm Breakfast

SARB expected to cut interest rates by up to 150 bp. What does this mean for homeowners? - Breakfast chats to Wandile

Loading player...
The South African Reserve Bank (SARB) is expected to cut interest rates by up to 150 basis points by mid-year 2025, which could result in the average homeowner saving R1,406 per month on their bond repayment. The South African Reserve Bank’s (SARB’s) Monetary Policy Committee voted to hold rates in May, keeping the repo rate at 8.25% and the prime lending rate at 11.75%.
16 Jul 2024 English South Africa Society & Culture

Other recent episodes

We celebrated Mandela Day with Mama Nomshado on Breakfasts Show

Nelson Mandela International Day is celebrated annually on July 18, which is Nelson Mandela's birthday. This day was officially declared by the United Nations in November 2009 to honor Mandela's legacy and promote his values of peace, reconciliation, and social justice. The first UN Mandela Day was held on July…
21 Jul 4 min

5 immigrants deported by the US to Eswatini in Africa are held in solitary confinement

Five immigrants deported by the United States to the small southern African nation of Eswatini under the Trump administration’s third-country program are in prison, where they will be held in solitary confinement for an undetermined time, a government spokesperson said. Thabile Mdluli, the spokesperson, declined to identify the correctional facility…
21 Jul 7 min

We speak FILM festival with Thabo Mkhabela AKA LESHOLE Skeem Sam

The Bushbuckridge Film Festival is back, bigger, bolder, and more inspiring than ever. Returning in July 2025, this dynamic celebration of South African cinema once again brings the magic of film to the heart of rural Mpumalanga. As the flagship programme of the Bushbuckridge Arts Festival (established in 2023), the…
21 Jul 10 min
All episodes