https://www.zawya.com/en/economy/africa/prime-interest-rate-may-soon-be-phased-out-says-south-africa-reserve-bank-governor-pxxcskxu
Lenders use it as a baseline depending on the credit record of borrowers and their perceived ability to repay
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https://www.paymentsjournal.com/does-the-prime-rate-impact-credit-card-interest-rates/
Nov 17, 2025 - Credit card interest rates remain a key indicator of consumer borrowing conditions, especially when viewed alongside broader benchmarks such as
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