Yesterday afternoon, the Monetary Policy Committee of the South African Reserve Bank (‘SARB’) convened its fifth meeting of 2025. Against the backdrop of market uncertainty, SARB has cautiously declined to lower the repo rate, which remains 7.0%, effective Friday, 19th September 2025. Correspondingly, the prime lending rate is 10.5%.
At 3.3% in August, consumer inflation is well below SARB’s mid-point target range of 4.5%. The Reserve Bank, however, maintained its characteristically watchful approach in light of an anticipated uptick in inflation and the need to evaluate the delayed economic effect of five preceding rate cuts. Noting the uncertainty of the longer-term outlook and the critical importance of sector-specific reforms to enhance efficiency, SARB emphasised its preference for stabilising inflation at 3% in its bid for inflation target reform – a consideration which ultimately kept rates unchanged.
While monetary policy may fluctuate, STBB remains committed to your property transaction, however big or small. Keep track of the impact of interest rate adjustments and property-related taxes on your transactions by downloading our revolutionary STBB Direct mobile application. With STBB Direct, you can perform convenient cost calculations and receive live updates of your matters – anytime and from anywhere. Download STBB Direct from the Apple App Store or Google Play today!
For further information or to consult with one of our property lawyers, contact us at info@stbb.co.za.
This content is the property of STBB. We encourage the sharing of our content for informational purposes. However, if you wish to copy or reproduce our content on your own platform or website, please ensure that proper credit is given to STBB.
