Prime interest rate may soon be phased out, says SA Reserve Bank governor

January 22, 2026 By: Alfred0 comments

<p><img src=”https://biz-file.com/c/2601/800621-240×135.jpg?5″ width=”240″ height=”135″ alt=”Source: Reuters. South African Reserve Bank’s Lesetja Kganyago.” align=”left”><br><span >Source: Reuters. South African Reserve Bank’s Lesetja Kganyago.&lt;/span><p>South African Reserve Bank (Sarb) Governor Lesetja Kganyago said on Wednesday, 21 January 2026 that the end of the prime lending rate — which stands at 350 basis points above the central bank’s key repo rate — may be nigh.</p><br> <a href=”https://www.bizcommunity.com/article/prime-interest-rate-may-soon-be-phased-out-says-sa-reserve-bank-governor-284567a”>Read more…</a> | <a href=”https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=265000″>Email</a></p><div style=”clear:left”></div>