Government welcomes interest rate cut as relief for households

Government welcomes the decision by the South African Reserve Bank’s Monetary Policy Committee to cut the interest rate by 25 basis points, bringing the repo rate to 6.75% and the prime lending rate to 10.25%.

The rate cut is expected to ease pressure on consumers with loans, support small businesses, and encourage investment and economic activity. Government continues to prioritise measures that help reduce the cost of living, create jobs, and improve economic stability.

Media releases

Presidential eThekwini Working Group demonstrates collaboration in action

A high-level delegation led by Co-Chairs of the eThekwini Presidential Working Group (PeWG) Director-General in the Presidency Phindile Baleni and Mike Mabuyakhulu conducted an inspection yesterday, 13 November, of major service delivery projects underway in the City.

The PeWG delegation visited the Moses Mabhida Stadium, Rivertown Precinct, Phoenix Industrial Park, the uMlazi Canal, and the Southern Aqueduct.

Media releases

Minister Ntshavheni to brief media on outcomes of the Cabinet meeting of 12 November: 13 Nov

Minister in The Presidency, Khumbudzo Ntshavheni, will brief members of the media on the outcomes of the Cabinet meeting held on Wednesday, 12 November 2025.

The media briefing will take place as follows: 

Date:   Thursday, 13 November 2025
Time:    11h00 
Venue:   Imbizo Media Centre, 120 Plein Street, Parliament, Cape Town.

Live Streaming details:

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