{"id":40413,"date":"2026-07-23T16:21:22","date_gmt":"2026-07-23T14:21:22","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=40413"},"modified":"2026-07-23T16:21:22","modified_gmt":"2026-07-23T14:21:22","slug":"sa-reserve-bank-holds-repo-rate-at-7-0-despite-rising-inflation","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/sa-reserve-bank-holds-repo-rate-at-7-0-despite-rising-inflation\/","title":{"rendered":"SA Reserve Bank holds repo rate at 7.0% despite rising inflation"},"content":{"rendered":"<p>The South African Reserve Bank (SARB) has decided to hold the repo rate steady at 7.0%, keeping the prime lending rate at 10.5%.<\/p>\n<p>&nbsp;<\/p>\n<p>The announcement was made this Thursday by Reserve Bank Governor Lesetja Kganyago. The decision comes on the heels of the latest Consumer Price Index (CPI) data released by Statistics SA, which showed annual headline inflation ticking up to 5.0% in June from 4.5% in May.<\/p>\n<p>&nbsp;<\/p>\n<p>The central bank&#8217;s pause surprised several market analysts, who had widely anticipated a 25-basis-point interest rate hike to curb accelerating price pressures.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8220;The decision reflects the Monetary Policy Committee&#8217;s ongoing assessment of the balance of risks to the inflation outlook and the broader economy,&#8221; said Kganyago.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8211;ChannelAfrica&#8211;<\/p>\n","protected":false},"featured_media":40415,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-40413","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"SA Reserve Bank holds repo rate unchanged at 7%","published_date":"2026-07-23 15:39:05","news_description":"SA Reserve Bank holds repo rate unchanged at 7%","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/40413","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":2,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/40413\/revisions"}],"predecessor-version":[{"id":40424,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/40413\/revisions\/40424"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/40415"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=40413"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=40413"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}