23/09/2026
π’ *INTEREST RATE UPDATE*
The SARB Monetary Policy Committee has unanimously increased the *repo rate by 25 basis points to 7.25%*, effective *25 September 2026*.
π¦ *Repo Rate:* 7.25%
π *Prime Lending Rate:* 10.75%
π
*Effective:* 25 September 2026
The decision comes as the Reserve Bank continues to manage increased inflation risks and work towards bringing inflation back to its *3% target*.
Please keep this change in mind when having conversations with *buyers, sellers and homeowners*, particularly around affordability and bond repayments.
*Stay informed. Stay prepared. Stay ahead.* π‘π