What does repo rate increase mean for South African home buyers?

Bond repayments in the country will rise from tomorrow after the South
African Reserve Bank raised the repo rate by 50 basis points. The latest decision will see the rate banks charge consumers for large purchases like homes and cars, go up to 11.75%. What does this mean for South Africans? COOr at ooba Home Loans Alan Rubin explains.

Tune into Newzroom Afrika DStv channel 405 for more.

[lloydxx]

What does this mean for unemployment rate?

[Macedonia]

I was hoping for a 100 basis points increase but I suppose 50 will have to do, for now... Hopefully the next increase will indeed be at least 100 basis points....