Bond repayments in the country will rise from tomorrow after the South
African Reserve Bank raised the repo rate by 50 basis points. The latest decision will see the rate banks charge consumers for large purchases like homes and cars, go up to 11.75%. What does this mean for South Africans? COOr at ooba Home Loans Alan Rubin explains.
Tune into Newzroom Afrika DStv channel 405 for more.