Markets plunged almost immediately following the news of the resignation of cabinet members on Tuesday, including Finance Minister Trevor Manuel and his deputy Jabu Moleketi, with the All Share dropping 4% and the rand giving up 25 cents to the dollar. 23 Sep 2008
Markets remain calm and almost unperturbed by the announcement of the resignation of President Thabo Mbeki delivered in a televised address on Sunday evening, say economists. 22 Sep 2008
USA: In a week that has cleaved once-mighty Wall Street institutions asunder, no market is safe from panic-induced losses, and that includes the technology sector. 19 Sep 2008
For all the hundreds of millions of dollars US short-term insurance companies spend on advertising their car insurance policies, they're not getting a very high conversion rate. 18 Sep 2008
The US Federal Reserve announced on Wednesday that the Federal Reserve Bank of New York will lend an 85 billion dollar-bridge-loan to American International Group Inc. (AIG) to save the country's biggest insurer from bankruptcy. 17 Sep 2008
The dramatic downward spiral of events in New York have continued to reshape the global financial system. 16 Sep 2008
Retail banks can see the benefits of technologies that enable a new, more customisable and interactive internet experience could bring to their online offerings, but fret about their security implications. 11 Sep 2008
Nedbank is pioneering a service that will enable the public to make internet-based Maestro and Electron debit card transactions safely. 10 Sep 2008
South African Reserve Bank Governor Tito Mboweni will complete his current term of office which ends in August next year and will stay on if the new government asks him to continue in his position. 2 Sep 2008
Price increases in food, fuel and electricity as well as transport have pushed July's Consumer Price Index excluding interest on mortgage bands (CPIX), to an all-time high of 13% year-on-year (y/y). 27 Aug 2008
Absa, in collaboration with Intel Corporation and Microsoft, has developed a PC and notebook finance package, aimed at tertiary education level students. The intention is to enable students to have access to affordable finance for purchasing a new PC or notebook computer for use in their studies. 27 Aug 2008
Indebted South Africans can temporarily breathe a sigh of relief with the announcement that the repo rate will remain unchanged. 15 Aug 2008
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
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
Banks are sounding an alarm over what they fear will be an avalanche of loans turning sour followed by company liquidations. 12 Aug 2008
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
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
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
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
Does a lack of transparency exist in UK current account market, as that country's Office of Fair Trading claims? 21 Jul 2008
