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Retail community of South Africa |
Banking & Finance newsThe South African National Treasury has welcomed the recommendations of the Executive Overview of the Banking Enquiry Report by the Competition Commission which was released on Wednesday, 25 June 2008. 26 Jun 2008 17:41 NEWSWATCH: The Consumer Price Index (CPIX), excluding interest on mortgage bonds, has breached expectation to hit 10.9% in May, it was announced earlier today, 25 June 2008. It was anticipated to reach only 10.8% after it's rise to 10.4% in April. Analysts have forewarned consumers that interest rates may go up again. 25 Jun 2008 14:13 The price increases of food and energy are the main drivers of inflation, according to the South African Reserve Bank's (SARB) quarterly bulletin released on Thursday, 19 June 2008. 19 Jun 2008 17:02 Standard Bank has been awarded the Global Business Coalition (GBC)'s Award for Business Excellence for its HIV/AIDS Workplace Program in 2008. The award effectively recognises the best workplace AIDS program in the world. 13 Jun 2008 07:48 Yesterday's 50 basis point interest rate hike tightens the screws on all of us, so now is not the time to take on more credit. Say No! to any loan offers, and if your bank refuses your request for a loan, believe it or not, they are probably doing you a favour. Furthermore, if you run into difficulties, talk to your bank and explore your options - before the situation becomes critical. 13 Jun 2008 07:24 Despite economists and analysts across the board forecasting a 100 basis point increase, Reserve Bank Governor Tito Mboweni on Thursday, 12 June 2008, raised the repo rate by 50 basis points. 12 Jun 2008 17:10 Today's increasingly competitive marketplace elevates the importance of flexibility and efficiency in the administration processes surrounding life insurance policies. 12 Jun 2008 06:37 More Banking & Finance news...
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