Thursday, 30 April 2009

Repo Rate

So, even with all these public holiday's we've had this month, the government still managed to find some time to give us a little break in home loan repayments and save us all a little money.

Tito Mboweni and the South African reserve bank decided to drop the repo rate by 100 basis points. Thanks to Tito once again and thanks to the SA government.

So far, Zuma, you've got my first 2 thumbs up ;-)

Happy April everyone. Enjoy the public holiday.

Interest Rate is now 12%


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