NEWFLASH: Repo rate falls by 50 basis points

By Andy Rice 18 November 2010

The South African Reserve Bank's monetary policy committee has cut the repo rate by 50 basis points, Reserve Bank governor Gill Marcus announced on Thursday afternoon. The repo rate now stands at 5.5%, with prime at only 9%. 



In Pictures: Day 11 of the World Cup

Antoinette Muller 8 hours ago

Stephen Hawking held a party for time travellers. He sent the invitation out the day after. Nobody attended.