Rate Cuts 2024 South Africa Rate Cuts. The bank forecast south africa’s gross domestic product to increase by 0.9% in 2024, inflation to continue to decline and the prime lending rate to decline by a cumulative 50. Interest rate cuts in south africa continue to get pushed back, with central bankers biding their time and waiting for inflation to cool.
Yesterday, 25 january, the sarb’s. Interest rate cuts in south africa continue to get pushed back, with central bankers biding their time and waiting for inflation to cool.