Maryna holds the BA, LLB, LLM degrees and is a Director at the Cape Town branch of STBB. She is an admitted Attorney, Notary Public, Conveyancer and Insolvency Practitioner with many years of experience in the fields of property law, conveyancing and the laws relating to corporate compliance (especially in respect of the FICA and POPIA laws). Up until 2018 she was also head of the firm’s national marketing portfolio. She is a seasoned public speaker and presenter, both in person and online. She prepares text for the majority of STBB’s internal and external publications and is editor and co-writer for two pivotal publications in the South African real estate industry – the ABC of Conveyancing (JUTA) and Delport’s South African Property Law and Practice (JUTA).

Newsflash | Interest rate increase

This afternoon, the Reserve Bank announced yet a further increase in the lending rate by 75 basis points. This means that the repo rate (the rate at which the Reserve Bank lends money to commercial banks) will increase from 6.25% to 7%, which in turn pushes the prime rate (the basic rate at which commercial banks provides financing to borrowers) up from 9.75% to 10.5%.

For one’s personal finances, the higher interest rates translate to higher debt repayments, whether in respect of a mortgage, vehicle financing, student loan or other debt.

Contact for any questions or assistance.

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