Prime Rate South Africa July 2025

Prime Rate South Africa July 2025

Prime Rate South Africa July 2025. Mr e l (lesetja) kganyago. Old mutual chief economist johann els expects the policy repo rate to remain unchanged at 8.25%, marking the fourth consecutive meeting without a rate change, with the prime interest rate currently at 11.75%.


Prime Rate South Africa July 2025

In south africa, lending rate refers to commercial banks prime overdraft rate. The current prime lending rate is 11.75%, based on a repo rate of 8.25% as determined by the south african reserve bank.

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