Interest Rate Cuts 2024 South African Economy. The south african reserve bank has cut the interest rate by 25 basis points to 8% after the country’s headline inflation fell to its lowest levels in three years. This marks the sarb’s first policy.

While interest rates locally have been increasing since 2021, by a total of 475 basis points, inflation is eventually looking good and is expected to return to the mid. This edition looks at some of the data derived from the local findings of pwc’s.