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The current repo rate in South Africa?

The current repo rate is 8.25%, making the prime lending rate 11.75%.

The South African Reserve Bank bumped the repo rate to 8.25% in May 2023, but made no changes in September 2023 and early 2024.

This supports expert predictions that hikes to the interest rate would cease in 2024. They also predict that the interest rate may drop in late 2024.

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Jay Govender and Maleshini Reddy from OOBA provided outstanding assistance and guidance in securing our home loan. Response times were excellent and they were professional and friendly.

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Estelle Vorster was really helpful in securing the best deal for my home loan, she not only negotiated a lower interest rate she went as far as securing 50% discount on the transfer costs.

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