Nada Commends SARB Decision to Hold Repo Rate as Vehicle Market Gains Momentum

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The National Automobile Dealers’ Association (NADA) welcomes the South African Reserve Bank’s (SARB) decision to hold the repo rate unchanged at 7.0%, keeping the prime lending rate at 10.5%. The decision came as a positive surprise to many industry stakeholders and market analysts, who had widely anticipated a rate hike in light of persistent macroeconomic […]

The post Nada Commends SARB Decision to Hold Repo Rate as Vehicle Market Gains Momentum first appeared on Road Safety Blog.

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