Reserve Bank pauses rate hikes: Repo Rate remains at 6.75%

Johannesburg
Nokukhanya Mntambo

Nokukhanya Mntambo

29 January 2026 | 13:40

This means the repo rate stands at 6.75%, while the prime lending rate is expected to remain at 10.25% when commercial lenders confirm their rates.

Reserve Bank pauses rate hikes: Repo Rate remains at 6.75%

Reserve Bank Governor Lesetja Kganyago delivers the MPC statement, 31 July 2025. X/SA Reserve Bank

The Reserve Bank’s Monetary Policy Committee (MPC) has kept the repo rate unchanged, making it the first pause in a stop-and-go trend.

The MPC announced its latest policy rate decision today following this week’s marathon meeting. The decision to hold rates is in line with market expectations, with economists predicting a cautious tone from the central bank amid some global uncertainty.

READ: COSATU urges Reserve Bank to cut repo rate amid growth concerns

This means the repo rate stands at 6.75%, while the prime lending rate is expected to remain at 10.25% when commercial lenders confirm their rates.

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