
Reserve Bank keeps interest rate unchanged
The Reserve Bank’s Monetary Policy Committee (MPC) has kept interest rates unchanged. The repo rate will stay at 6.75% and the prime lending rate at 10.25%.
SATURDAY, 31 JANUARY 2026, 19:23

The Reserve Bank’s Monetary Policy Committee (MPC) has kept interest rates unchanged. The repo rate will stay at 6.75% and the prime lending rate at 10.25%.

Central bank holds firm as new risks emerge

Johannesburg Mayor Dada Morero urged against politicising service delivery during an election year, before a no-confidence motion against him by the Al Jama-ah party, amid continued waste collection issues in the city.

President Cyril Ramaphosa has ordered the formation of a task team to investigate police misconduct revealed by the Madlanga commission, with acting police minister Firoz Cachalia and national commissioner Gen Fannie Masemola leading the effort.

The Freedom Front Plus (VF Plus) and the Democratic Alliance have attacked Minister of Sport, Arts and Culture Gayton McKenzie over problems linked to his department.

After supposedly reaching an amicable agreement with Pikitup executives and the City of Johannesburg, frustrated Pikitup employees torched two waste collection trucks.

South Africa’s central bank kept its main lending rate unchanged at 6.75%.

A Mpumalanga municipal employee, already suspended for theft, was beaten by the community and handed to police for allegedly stealing a water pump, leaving residents without water for three days.

A case of fraud has been opened after ballot papers from the ANC Johannesburg regional conference were discovered at a house in Pretoria in a sting operation that included the police.

The Reserve Bank’s Monetary Policy Committee voted to keep interest rates unchanged at its January meeting.

Sowetan podcast, Taking Rams by the Horns, award-winning author, Sunday Times columnist, podcaster and veteran broadcaster shares his views about Ekurhuleni, social media and surviving high school parenting.
President Cyril Ramaphosa has ordered Police Minister Firoz Cachalia and National Police Commissioner Fannie Masemola to establish a special investigations task team to urgently investigate a number of officers implicated in the country’s law enforcement scandal.

Mihlali Mayambela contributed 19 goals and 15 assists in 125 matches across all competitions for Aris Limassol for over three years.

More than a dozen smelters have shut down in South Africa in recent years, leading to thousands of job losses, largely due to high electricity costs which have surged by more than 900% since 2008.
The SA Reserve Bank has left the interest rate unchanged in the first 2026 meeting of the monetary policy committee.

The facts contradict attempts at divisiveness through misinformation that foreign pupils are “overrunning” South African schools, the department of basic education says.