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 | Repo Rate Increase

The Reserve Bank announced just now that the repo rate increases with 75 basis points to 6.25%.

What does this mean?
The ‘repo rate’ is the rate at which the Reserve Bank lends to commercial banks. Between November 2021 and July 2022, the rate has increased five times, from 3.75% to 5.50% in the Bank’s bid to curb inflation. In turn, the interest rates hike increases the cost of credit: Households and businesses then have less disposable income as they use their money to service debt.

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