RC 260923702Stephen Grootes
Wednesday, 23 September 2026
A unanimous repo-rate hike dominated the show, alongside UNISA’s urgent student-debt appeal and warnings that households are increasingly reliant on unaffordable credit.
- 18:02
The Reserve Bank unanimously raised the repo rate by 25 basis points to 7.25%, citing renewed global inflation pressures and a commitment to return inflation to its 3% target.
- 18:11
UNISA says more than 6,200 students are unable to graduate because of outstanding fees, with approximately R47 million needed to help them complete their qualifications.
- 18:26
TransUnion reports delinquency above 50% on non-bank loans, while almost 40% of surveyed consumers said they were already struggling to pay bills and loan instalments.
- 18:37
Private companies will be allowed to use Agricultural Research Council intellectual property to manufacture foot-and-mouth vaccines, as South Africa needs about 2.5 million doses monthly but produces only 20,000.