the Banking & Finance community of South Africa

Mobility 2009 reveals SA's cellular gap

Fri, 03 Jul 2009 11:00:00 +0200

The South African cellular market reached a milestone of 50-million connections at the end of 2008 - but only 68% of these represented individual users. This is according to World Wide Worx 2009 annual Mobility study, released yesterday 2 July 2009.
Read full story... | Send to a friend

ATM users warned of hoax e-mail

Thu, 02 Jul 2009 12:42:00 +0200

An e-mail advising ATM users to type in their PIN codes in reverse to alert police to criminal activity was a hoax, the SA Banking Risk Information Centre (Sabric) warned on Wednesday, 1 July 2009.
Read full story... | Send to a friend

Repo rate remains unchanged

Fri, 26 Jun 2009 12:12:00 +0200

South Africans will be disappointed that the streak of interest rate cuts over the past few months has come to an end, with the South African Reserve Bank (SARB) announcing that the repo rate will remain unchanged.
Read full story... | Send to a friend

FNB Insurance Brokers appoints new CEO

Wed, 24 Jun 2009 13:18:00 +0200

FNB Insurance Brokers on Tuesday, 23 June 2009, announced the appointment of Johan Nagel as its new chief executive.
Read full story... | Send to a friend

Economists predict repo rate cut

Tue, 23 Jun 2009 11:29:00 +0200

Economists predict the South African Reserve Bank (SARB)'s Monetary Policy Committee (MPC) is likely to announce a 50 basis point cut in the repo rate, when it meets this week.
Read full story... | Send to a friend

South Africa's current account deficit widens

Thu, 18 Jun 2009 16:59:00 +0200

South Africa's current account deficit has widened, the South African Reserve Bank announced on Thursday, 18 June 2009.
Read full story... | Send to a friend

Capitec offers lowest bank charges - survey

Thu, 18 Jun 2009 13:11:00 +0200

Independent research by leading local financial website, ThinkMoney, has confirmed that Capitec Bank offers South Africa's lowest bank charges.
Read full story... | Send to a friend

Interest rate cuts may not prompt swift recovery

Wed, 03 Jun 2009 12:30:00 +0200

The downward trend in interest rates, which are at 2006 levels, is expected to have a muted effect on the property market as a result of economic challenges.
Read full story... | Send to a friend

Repo rate slashed by 100 basis points

Fri, 29 May 2009 11:14:00 +0200

Cash strapped consumers have been given another reprieve - the Reserve Bank's Monetary Policy Committee (MPC) has reduced the repo rate by a further 100 basis points.
Read full story... | Send to a friend

Banks obstructing debt review process

Thu, 28 May 2009 12:41:00 +0200

South Africa's major banks are deliberately obstructing the debt review process, the National Credit Regulator (NCR) said on Wednesday, 27 May 2009.
Read full story... | Send to a friend