Friday, 25 March 2011

South African Repo rate remains unchanged

Well it really comes as no surprise that Gill Marcus left the REPO rate unchanged this month. South Africa's uncertainty with regards to inflation and rising food and fuel prices kind of made us aware of this.

However, if you're a property buyer and in the buyers property market I highly suggest that you keep an eye on REPO's and repossessed properties, as this is definitely time to get bargains in South Africa.

Repo Rate - March 25 2011 - 5.5%

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