Sarb cuts rates by 25 basis points, Kganyago says new inflation target means ‘we want 3%’
Daily Maverick | 21.11.2025 03:57
The Monetary Policy Committee (MPC) of the South African Reserve Bank (Sarb) cut its key repo rate by 25 basis points on Thursday to 6.75%, citing an improved inflation outlook and the rand’s recent robust performance and bringing its cumulative cuts in this easing cycle to 1.5 percentage points.
