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Experts react to SARB's 0.25% interest rate cut and its impactExperts are sharing insights on the South African Reserve Bank's recent decision to lower the interest rate by 0.25 percentage points, a move expected to significantly impact consumers, businesses, and the overall economy.SARB cuts interest rate by 25 bps Breaking News! The SARB's Monetary Policy Committee has unanimously decided to reduce the policy rate by 25 basis points to 8% per annum, resulting in a new prime rate of 11.50%. Sellers: Sometimes it takes longer to sell a property, here’s why?Sellers should always be made aware of anything that could impact the time that it might take to sell the property, and also offer the agent adequate time to get the property sold.
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