Economy
How the repo rate works and what it does to your bond
The Reserve Bank's 25 basis-point increase, effective from 25 September 2026, added R168.49 a month to the repayment on an R1-million, 20-year home loan at prime.
South African Reserve Bank
The central bank sets the repo rate, and the banks' prime lending rate moves with it. Its decisions, statements and forecasts, from the bank's own documents.
Markets
Rand steadies near R16.54 after first weekly gain in five weeks
Last week's gain ended a run of four weekly losses, and government bonds firmed too, with the yield on the R209 down to 8.94% on Friday.
