What Repo Rate Today In South Africa?
The repo rate in South Africa stands at 7.50% today. This is the current rate after the South African Reserve Bank (SARB) reduced it in January 2025. In the most recent meeting held in March 2025, the SARB voted to maintain the current repo rate, with a split decision of 4-2 among committee members.
The SARB decided to keep the repo rate unchanged due to global economic uncertainties and potential inflation risks, despite South Africa’s inflation remaining at a controlled 3.2% (as of February).
Market analysts suggest that the repo rate may decrease further in 2025, with possible cuts in July and November if global conditions stabilize. The next assessment of the repo rate will be scheduled for May 2025, when the SARB’s Monetary Policy Committee meets again.
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