Event Brief
Jan 21, 2026 at 2:04 PM ET
SA Reserve Bank Governor: Prime Rate May Be Phased Out
By The BriefBrief
The fixed gap between the repo rate and prime rate may soon change, impacting lenders and borrowers.
WHO: SA Reserve Bank Governor
WHAT: Potential phasing out of the prime interest rate
WHEN: Jan 21, 2026 at 3:16 PM ET
WHERE: South Africa
WHY: To address the fixed gap between the repo rate and prime rate since 2001
How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.
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