South Africans are waking to good news….

The repo rate has been cut by 25 basis point, effective from today.

The announcement was made by South African Reserve Bank governor Lesetja Kganyago yesterday.

This takes the prime lending rate down to 10.5%.

Hayley Parry’s a Money Coach and Facilitator at 1 Life’s Truth about Money.

She says this announcement is good news for any South Africans with debt….