Interest Rate 2024 South Africa Forecast. At the january 2024 mpc meeting, the sarb is expected to confirm its projections for easing inflation and its willingness to ease interest rates once inflation is close to the. South africa’s central bank has unveiled the biggest increase in interest rates for nearly 20 years in the continent’s most industrial economy, joining the wave of policymakers trying to.

Lending rate in south africa remained unchanged at 11.75 percent in august. Although the sarb would stress that the july figure would not influence its interest rate decisions based on future expectations, its forecasts show that inflation.