Prime Interest Rate Today 2024 South Africa. “these policy decisions will see the repo rate at 7.75% and the prime rate at 11.25% by the end of 2024. Lending rate in south africa averaged 11.43 percent from 1950 until 2024, reaching an all time.
Lending rate in south africa remained unchanged at 11.75 percent in august. However, experts anticipate the prime rate to reach 7.00% in 2025 and 6.75% in 2026.