{"id":46304,"date":"2026-09-23T16:13:26","date_gmt":"2026-09-23T14:13:26","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=46304"},"modified":"2026-09-23T16:13:26","modified_gmt":"2026-09-23T14:13:26","slug":"sa-reserve-bank-raises-repo-rate-to-7-25","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/sa-reserve-bank-raises-repo-rate-to-7-25\/","title":{"rendered":"SA Reserve bank raises repo rate to 7.25%"},"content":{"rendered":"<p>The South African Reserve Bank (SARB) has increased its repurchase rate by 25 basis points to 7.25% to manage persistent inflation risks and global economic shocks.<\/p>\n<p>&nbsp;<\/p>\n<p>Announcing the decision by the Monetary Policy Committee, Governor Lesetja Kganyago confirmed that the prime lending rate will consequently rise to 10.75%. The central bank cited escalating geopolitical tensions and a fresh surge in international fuel prices as primary drivers threatening to push near-term headline inflation further above its 3% target.<\/p>\n<p>&nbsp;<\/p>\n<p>The rate hike comes despite a 0.2% contraction in the local economy during the second quarter, with central bank officials projecting medium-term economic growth to remain constrained at around 2%.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8211;ChannelAfrica\/SABC&#8211;<\/p>\n","protected":false},"featured_media":46306,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-46304","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"SA Reserve Bank hikes interest rates amid inflation concerns ","published_date":"2026-09-23 16:12:10","news_description":"SA Reserve Bank hikes interest rates amid inflation concerns ","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/46304","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":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/46304\/revisions"}],"predecessor-version":[{"id":46307,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/46304\/revisions\/46307"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/46306"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=46304"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=46304"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}