the Banking & Finance community of South Africa

Maria Ramos joins Barclays Group Exco

Thu, 05 Nov 2009 13:29:00 +0200

Absa Group Chief Executive Maria Ramos has been appointed to the Barclays Group Executive Committee with immediate effect, in a restructuring announced by Barclays Group Chief Executive John Varley.
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Debt Help offers bonus advice

Thu, 05 Nov 2009 11:02:00 +0200

The Debt Help Financial Services (DHFS), a well-established financial management company specialising in debt management, has produced a short guide on how consumers should spend their bonuses wisely this year. Its mission is to teach people about managing their cash flow which can keep them out of debt and help them save.
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Mobile banking overtakes PCs

Wed, 04 Nov 2009 10:07:00 +0200

The Mobility 2009 research project, released yesterday Tuesday 3 November 2009, by leading market research organisation World Wide Worx, indicates that more people bank from their cellphones than from their PCs in South Africa. The study is being conducted in four phases, with the first three looking at the use of mobile technologies by small and medium enterprises (SMEs), consumers and corporations and the final phase exploring the mobile internet.
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Most SA urban cellphone users want to upgrade devices - study

Wed, 04 Nov 2009 09:24:00 +0200

A recent study conducted by World Wide Worx and backed by First National Bank (FNB) and BlackBerry has revealed that many consumers out of SA's 16 million urban cellphone users are highly aspirational people looking to upgrade their phones, and are looking specifically for devices that have more features.
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Credit cards will squeeze margins, fuel traders

Tue, 03 Nov 2009 12:38:00 +0200

Fuel retailers are not keen on the use of credit cards as, in their present format, the move will squeeze their government-set retail margin, according to a fuel retailers' body.
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Mobile in-store payment system, Ammo

Fri, 30 Oct 2009 08:54:00 +0200

Ammo, wiWallet's first mobile wallet, launched by Brandnew Marketing on behalf of LifeWorld, a company that offers customer-based loyalty programs, is currently being introduced to Cape Town through a series of activations.
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Courts lash cash-strapped consumers

Mon, 26 Oct 2009 20:52:00 +0200

Under the National Credit Act, consumers can ask for debt counselling and debt review to allow them to draw up a payment plan for their debts, rather than get a court judgment which effectively shuts them out of the credit system.
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Economic situation likely to dictate MTBPS

Mon, 26 Oct 2009 15:17:00 +0200

The unfavourable economic situation is likely to dictate Finance Minister Pravin Gordhan's Medium Term Budget Policy Statement (MTBPS) on Tuesday, 27 October 2009.
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MPC keeps repo rate unchanged

Thu, 22 Oct 2009 16:52:00 +0200

South Africa's repo rate has been left unchanged at 7%, outgoing Reserve Bank Governor Tito Mboweni announced on Thursday, 22 October 2009.
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Repo rate likely to remain unchanged

Thu, 22 Oct 2009 11:07:00 +0200

Economists have predicted that the repo rate will remain unchanged when the Reserve Bank's Monetary Policy Committee (MPC) makes its decision later today, 22 October 2009.
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