Tag: interest rates
Unchanged rates decision expected to be mildly positive for commercial property and mortgage demand
The unchanged repo rate decision was as expected by FNB. This means that the SARB has kept interest rates unchanged since May 2023, after...
Rate reprieve will lift holiday spirits after a tough year, says FNB
Following the South African Reserve Bank’s decision to leave its benchmark repo rate unchanged, FNB confirms it will maintain its prime rate at existing...
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...
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City shares highlights and opportunities of Cape Town’s economy with top...
The City’s Economic Growth Directorate, joined by its Energy counterpart, has held its annual event with a host of consul-generals representing countries across the...