# Follow the Money: Interest Rate Changes

 

- The Monetary Policy Committee (MPC) will announce potential changes to interest rates on January 30, 2025. Many hope for a cut, but uncertainty remains.

 

- In November, the South African Reserve Bank (SARB) lowered the interest rate by 25 basis points from 8% to 7.75%, reducing the prime lending rate from 11.5% to 11.25%. While another 25 basis point cut is likely in January, further reductions this year seem unlikely.

 

- We are joined by award-winning economist and edupreneur Ndumiso Kubheka for this discussion.

# Follow the Money: Interest Rate Changes
&nbsp;
- The Monetary Policy Committee (MPC) will announce potential changes to interest rates on January 30, 2025. Many hope for a cut, but uncertainty remains.
&nbsp;
- In November, the South African Reserve Bank (SARB) lowered the interest rate by 25 basis points from 8% to 7.75%, reducing the prime lending rate from 11.5% to 11.25%. While another 25 basis point cut is likely in January, further reductions this year seem unlikely.
&nbsp;
- We are joined by award-winning economist and edupreneur Ndumiso Kubheka for this discussion.

Best Mornings with DJ Sabby, Kandis Kardash, Owen Hannie and Zandile Hopa. 

Best Mornings with DJ Sabby, Kandis Kardash, Owen Hannie and Zandile Hopa.&nbsp;