JOHANNESBURG - Leaving the repo rate unchanged is good news for homeowners and indebted consumers. The South African Reserve Bank decided to leave interest rates unchanged - despite expectations of a hike due to high inflation in June. In May, the Reserve Bank hiked rates for the first time in six years. READ | SA Reserve Bank leaves repo rate unchangedOn Thursday, Governor Lesetja Kganyago announced there would be no change to the interest rate and the repo rate would remain at 7% while the prime lending rate would stay at 10.5%. The Reserve Bank said there are risks to inflation as the fighting in the Middle East continues, affecting oil prices.