Interest Rate Cuts 2024 South Africa. Inflation combined with an expected delay in interest rate. Many global economies have been cutting interest rates recently, and south africa has been rather conservative in its approach, lings said, noting how the central.

South africa’s reserve bank will leave its repo rate on hold this week but cut rates by 25 basis points to 8.00% in september as inflation cools, a reuters poll found. The south african reserve bank’s (sarb) monetary policy committee (mpc) has decided to finally cut the interest rate.