Official Interest Rate Change for Employer Loans - 26 May 2023
The South African Reserve Bank has announced another increase to the repurchase rate, with effect from 26 May 2023.
Posts with Tag "interest rate"
Official Interest Rate Change for Employer Loans
The South African Reserve Bank has announced another increase to the repurchase rate, with effect from 31 March 2023.
Official Interest Rate Change for Employer Loans
The South African Reserve Bank has announced another increase to the repurchase rate, effective from 27 January 2023.
Official Interest Rate Change for Employer Loans
The South African Reserve Bank has announced an increase to the repurchase rate, with effect from 25 November 2022.
Official Interest Rate Change for Employer Loans
The South African Reserve Bank has announced an increase to the repurchase rate, with effect from 22 September 2022.
Official Interest Rate Change for Employers Loans
The South African Reserve Bank has announced an increase to the repurchase rate, with effect from 22 July 2022.
Official Interest Rate Change for Employers Loans
The South African Reserve Bank has announced an increase to the repurchase rate, with effect from 20 May 2022.
Official Interest Rate Change for Employer Loans
The Reserve Bank has announced a second consecutive hike of the repurchase rate (repo rate). This blog post contains all of the important information you need to know.
Interest Rate Change for Employer Loans
As a result of the latest repo rate change, the official interest rate for employer loans will change effective 1 June 2020.
Interest Rate Change for Employer Loans
The repo rate has decreased by 100 basis points, resulting in the official interest rate for employer loans changing to 6.25%.
Interest Rate Change for Employer Loans
The repo rate has decreased by 25 basis points, resulting in the official interest rate for employer loans changing to 7.25%.
Interest Rate Change for Employer Loans
The repo rate has decreased by 25 basis points, resulting in the official interest rate for employer loans changing to 7.5%.
Interest Rate Change for Employer Loans
A change in the repo rate results in a change in the fringe benefit interest rate for low or interest free employer loans to employees.
Interest Rate Change and New Features
Due to the recent drop in interest rates by the reserve bank, the fringe benefit interest rate on low or interest free loans will now be 6% instead of 6.5%.