Home News 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 One of SA’s Fast-growing FinTechs is Hiring but can’t Find Skills How Much Money is Mr Price Making from Cellular How Much the Multichoice’s Top Executives Are Paid AB InBev is Rolling Out a Blockchain Solution for Farmers in Africa Blue Label Ventures Invest in Sports Data Startup Mobii Systems MTN South Africa Warns Customers of Fake MTN Facebook Accounts Shoprite’s Online Sales Are Booming MTN Nigeria Gets Super-Agent Licence to Provide Financial Services MTN Fights Battle Against Cell Tower Battery Theft and Vandalism 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.