Official Interest Rate Change for Employer Loans - 26 May 2023
The South African Reserve Bank has announced another increase to the repurchase rate, with effect from 26 May 2023.
Posts with Tag "repo rate"
Official Interest Rate Change for Employer Loans
The South African Reserve Bank has announced another increase to the repurchase rate, with effect from 31 March 2023.
Official Interest Rate Change for Employer Loans
The South African Reserve Bank has announced another increase to the repurchase rate, effective from 27 January 2023.
Official Interest Rate Change for Employer Loans
The South African Reserve Bank has announced an increase to the repurchase rate, with effect from 25 November 2022.
Official Interest Rate Change for Employer Loans
The South African Reserve Bank has announced an increase to the repurchase rate, with effect from 22 September 2022.
Official Interest Rate Change for Employers Loans
The South African Reserve Bank has announced an increase to the repurchase rate, with effect from 22 July 2022.
Official Interest Rate Change for Employers Loans
The South African Reserve Bank has announced an increase to the repurchase rate, with effect from 20 May 2022.
Monetary Policy Committee Increases Official Interest Rate
The Monetary Policy Committee have increased the repo rate with effect from 25 March 2022. This will affect the SARS official interest rate which is applied to employer loans from 1 April 2022
Official Interest Rate Change for Employer Loans
The Reserve Bank has announced a second consecutive hike of the repurchase rate (repo rate). This blog post contains all of the important information you need to know.
Official Interest Rate Change for Employer Loans
The South African Reserve Bank has announced an increase to the repurchase rate, effective from 19 November 2021. You can read about how this increase will effect the SimplePay system in this blog post.
Repo Rate and Employer Loans Interest Rate Cut
The repo rate has been decreased to 3.5%, impacting employer loan benefits from 1 August 2020.
Interest Rate Change for Employer Loans
As a result of the latest repo rate change, the official interest rate for employer loans will change effective 1 June 2020.
Interest Rate Change for Employer Loans
The repo rate has decreased by 100 basis points, resulting in the official interest rate for employer loans changing to 6.25%.
Interest Rate Change for Employer Loans
The repo rate has decreased by 25 basis points, resulting in the official interest rate for employer loans changing to 7.25%.
Interest Rate Change for Employer Loans
The repo rate has decreased by 25 basis points, resulting in the official interest rate for employer loans changing to 7.5%.
Interest Rate Change for Employer Loans
A change in the repo rate results in a change in the fringe benefit interest rate for low or interest free employer loans to employees.