Tag: interest rates
Staying the course will give homeowners an edge over the long term
Homeowners may have to hold out a little longer for a reprieve from increasing monthly bond repayments, as at least one more interest rate...
Why South African consumers should care about the upcoming budget speech
There are several factors that are affecting consumers, from high interest rates, higher food prices, loadshedding and higher fuel prices. Therefore, the national budget...
Understanding interest rates and how it affects your finances
Interest rates have been rising consistently worldwide and it doesn’t look like this trend is going to stop anytime soon. This makes 2023 a...
Consumers acting to counter effects of inflation, interest rates
Q4 2022 Debt Index shows consumers being proactive about managing debt
Debt counselling inquiries up by 53% and subscription for online debt-management tools...
The delicate balancing act of SA interest rate increases
For banks, disruption has become business as usual. Besides the ever-changing customer expectations, banks are under pressure to defend their market share against increased...
Further agriculture profit margin compression as debt cost rises by 75bps
Comment by Paul Makube, Senior Agricultural Economist at FNB Agri-Business:
Facing unprecedented levels of global uncertainty with a muted growth outlook, amid elevated inflation, and...
Pressure to hike interest rates remains, says FNB
Following the South African Reserve Bank’s (SARB's) decision to increase its repo rate by 0.75%, FNB will raise its prime lending rate by 0.75%.
FNB...
The war on inflation
If you’re tired of reading about inflation, interest rates and central banks, we have some bad news for you. It remains front and centre to...
Twin scourges of interest rates and inflation take their toll
While debt counselling proves effective in helping financially stretched consumers:
With no meaningful increase in real income, the combination of rising interest rates and inflation...
Lenders eager to finance home loans despite interest rate hikes
While rising interest rates are hitting consumers hard, experts say the home finance landscape remains remarkably buoyant. According to Leondard Kondowe, Finance Manager for...
MUST READ
City delivering real change
Behind every budget line, every policy, and every project there are real people, real challenges, and a shared future we are shaping. In a...