BusinessTech2d
Interest rate nightmare for South Africa
Interest rate expectations are flooded with uncertainty at the moment—and the VAT hike debate is adding more turbulence to ...
Moneyweb8h
FirstRand profit jumps 10% as fee growth dulls rate-cut impact
FirstRand is still sitting on excess funds, with its tier-one capital ratio at 14.5%. It has exceeded the board-approved ...
BusinessTech2d
Big Capitec interest rate changes
Capitec Bank recently adjusted its savings accounts and interest rate structure, with some customers left confused and ...
South Africa's Inflation Rises Less Than Expected in January
JOHANNESBURG (Reuters) - South Africa's headline consumer inflation rose to 3.2% year on year in January from 3.0% in ...
Moneyweb2d
Consumer boost likely saved SA economy from recession
The '2024 figures seem glaring because of the absence of this momentum. But progress is underway, albeit slowly.' ...
SA economic recovery requires spending cuts, not VAT hikes, says economist Nicky Weimar
Nedbank's chief economist Nicky Weimar outlines a pragmatic approach to South Africa's economic challenges, advocating for ...
The Citizen1mon
Interest rate cut marks new era
Ultimately, South African growth, which is on an uptrend, will rely heavily on structural reform implementation. In light of this, while the interest rate cut is a positive development ...
World Bank Urges South Africa to Cut Labor, Investment Red Tape
South Africa should end its “excessive” regulatory burden and revamp its Black-ownership laws to remove the “signs of ...
The Mail & Guardian1mon
South African consumers are getting poorer
South African consumers have 42% less spending power than they did nine years ago, because salary increases have failed to keep up with the rising cost of living.