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New Repo Rate Presents Great Opportunity For Hungry Investors

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Contrary to popular opinion, the new repo rate will result in investors with solid balance sheets lining up for opportunities. This is the belief of John Jack, CEO of Galetti Corporate Real Estate. As announced by the South African Reserve Bank on 23 July, the repo rate now sits at an unprecedented low of 3.5% with the prime lending rate at 7%.
27 Jul 2020 10AM English South Africa Business News · Investing

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