The rising cost of money
South Africa’s debt outlook is improving, according to the Medium-Term Budget Policy Statement. But what could higher borrowing costs globally mean for local households, businesses and the public purse?
#primelendingrate
SARB moves to scrap prime rate as loan reference benchmark
The central bank’s consultation paper outlines a structured transition to policy-rate-based lending, with fallback protections for legacy contracts.
What phasing out the prime lending rate means for consumers
The shift from prime to a repo-plus model won’t cut your debt overnight, but it promises more transparent lending.
