Economy

Employment, education, energy & finance experts weigh in

Following the President's State of the Nation Address (SONA) last night, Momentum have rounded up the reactions of several experts across various sectors, including employment, education, personal finance/economic and energy.

Interest rate cuts to assist customer affordability and strengthen South Africa’s property market

The latest interest rate cut could mark a turning point for South Africa’s residential property market. The South African Reserve Bank has reduced the repo rate by another 25 basis points, bringing the prime lending rate down to 11%.

SARB Poised for 25 basis point rate cut amid low inflation and tariff uncertainty

The South African Reserve Bank’s Monetary Policy Committee (MPC) is expected to implement a 25-basis point interest rate cut in its upcoming meeting this week.

South Africa’s macroeconomic outlook at the start of 2025 is notably better compared to a year ago