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

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