Repo rate

[#1]

Interest rates around the globe are being reduced, do you think there is any chance that Tito will follow suit. If he does cut should we expect a huge rally.

[jamoo]

i don't think he will cut anytime soon. the inflationary pressures are still there. he will most probably not change. my opinion.

[#3]

if any change it will be up!

[Shaun_Siddall]

We follow USA by about 18 - 24 months. There are good forward fixes availble for forward fixes in 12 months. Last time i looked around 11.30%.

[SimonPB]

JOHANNESBURG, Jan 31 (Reuters) - South Africa's central bank will repeat its new format for the announcement of the policy committee decision on interest rates introduced in December, the bank said on Thursday.

Spokeswoman Sam Henkeman said Reserve Bank Governor Tito Mboweni would announce the decision at about 1300 GMT, before giving a brief statement.

A more detailed statement would then be released on the central bank's website.

Mboweni is widely expected to leave the repo rate steady at 11 percent following signs economic growth may be slowing, pausing an upward cycle that has lifted rates by 400 basis points since June 2006 in an effort to tame inflation.

However, stronger-than-expected consumer and producer inflation numbers released on Wednesday and Thursday may concern monetary policy committee members. The targeted CPIX raced further away from the top end of the bank's 3 to 6 percent target band to 8.6 percent year-on-year in December.

[hs]

Has the announcement been made.

[DCTrader]

13:00 GMT = 15:00 SA time... So no

[hobo]

Are the banking sector stocks down whilst we wait?

[#9]

no change to repo rate

[BusyBee]

Hey tester ... hows the family? when you guys coming down to Durbs again?

[#11]

will be down on the 26/03/08 just for 3 days .