Rate Cuts 2025 South African Government. The south african reserve bank (sarb) cut the prime rate by 0.25% in january, down to 11%. The south african reserve bank’s (sarb) monetary policy committee (mpc) has decided to cut the interest rate by 25 basis points (bps) for the first quarter of 2025.

The monetary policy committee (mpc) will meet at the end of january, and many south africans hope to hear them announce another interest rate cut. The potential for interest rate cuts came to fruition on the 30 th of january 2025, when the monetary policy committee reduced the prime lending rate to 11.0%.