BNP Paribas, one of the world’s largest banking groups with operations in more than 70 countries, expects the SA Reserve Bank to cut interest rates by a further 75 basis points in 2020.

The Reserve Bank cut rates by 50 basis points on Thursday, its fourth cut so far in 2020, with the repo rate now at 3.75% from 6.5% at the beginning of the year...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now