Repo rate remains unchanged at 12%
[Luyanda Makapela] Indebted South Africans can temporarily breathe a sigh of relief with the announcement that the repo rate will remain unchanged. 15 Aug 2008 09:29

MPC might anchor interest rate, economists predict
[Michael Appel] Many economists are predicting the interest rate will remain unchanged when the Monetary Policy Committee (MPC) meet on Wednesday and Thursday to review current monetary policy, but it will be a close call. 13 Aug 2008 13:32

Nedbank to integrate Go Banking
Nedbank has announced it will be integrating Go Banking into its core offering. Go Banking has been run as a separate business in association with Pick n Pay since 2002. 12 Aug 2008 12:04

Liquidations to rise as business costs soar
[Artwell Dlamini] Banks are sounding an alarm over what they fear will be an avalanche of loans turning sour followed by company liquidations. 12 Aug 2008 11:05

New pledges from AskOnce
The national campaign to promote the second phase of Nedbank's AskOnce programme, which is reportedly resonating with consumers who battle to get good service from their bank, has seen the company launch five additional service promises. 4 Aug 2008 12:41

Inflation jumps to 11.6%
[Michael Appel] Inflation for June 2008 has jumped to 11.6% year-on-year (y/y), coming in 0.7 of a percentage point higher than May 2008, reported Statistics South Africa (Stats SA), Wednesday, 30 July 2008. 30 Jul 2008 16:21

RSA Retail Savings Bond a 'gift' for low income earners
Low income earners in South Africa have the opportunity to invest in their future with their money guaranteed by Government through Retail Savings Bonds. 25 Jul 2008 06:09

Online peer lending: blazing an easier path to cash
[Richard Burnett] Turned away by traditional banks, more people are flocking to online peer lending sites, including Prosper.com and Zopa.com. Meanwhile, the market for these sites is in the middle of growth spurt, which is expected to continue for the foreseeable future. 22 Jul 2008 07:06

Bank charges hit poor - wherever they are
[Andrew Fabricius] Does a lack of transparency exist in UK current account market, as that country's Office of Fair Trading claims? 21 Jul 2008 12:21

Stats SA defends current inflation figure
[Michael Appel] Statistics South Africa (Stats SA) has defended itself from recent allegations that miscalculations it could have made, have led to an overestimated inflation figure. 17 Jul 2008 12:31

Insurers' IT strategies are not 'green' - and that's okay
[Jonathan Steiman] The insurance industry, perhaps more than any other sector, is focused on understanding and mitigating global warming, and for good reason: a changing environment could amplify risks, resulting in lower underwriting profits. Yet despite their heightened interest in climate change, few insurers are wholly committed to building a green IT environment. 17 Jul 2008 07:36

SA's fiscal policies has reduced public debt, grew economy
The democratic government, which inherited economic and fiscal problems from the previous government, has managed to reduce the public debt burden and grow the economy through prudent fiscal policies. This is according to the latest Organisation for Economic Co-operation and Development (OECD) economic assessment report on South Africa. 15 Jul 2008 17:11

Women more prone to go broke?
Women were more likely than men to file bankruptcy in 2007 according to research recently released by the Institute for Financial Literacy, a non-profit financial counselling and education organisation based in Portland, Maine, USA. 14 Jul 2008 11:13