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Nedbank's R45m in Jet Park developmentNedbank Corporate Property Finance has invested R45 million towards the development of office and warehouse facilities in Jet Park in Gauteng. Experts react to another SARB 0.25% interest rate cut Experts are sharing insights on the South African Reserve Bank's 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 repo rate by 25bps, prime lending rate now 11.25%The Monetary Policy Committee (MPC) announced today that interest rates will be lowered by 25 basis points. The prime lending rate therefore changes to 11.25%, and the repo rate drops to 7.75%.
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