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
Statistics South Africa (Stats SA) has defended itself from recent allegations that miscalculations it could have made, have led to an overestimated inflation figure. 17 Jul 2008
The insurance industry, perhaps more than any other sector, is focused on understanding and mitigating global warming, and for good reason: a changing environment could amplify risks, resulting in lower underwriting profits. Yet despite their heightened interest in climate change, few insurers are wholly committed to building a green IT environment. 17 Jul 2008
The democratic government, which inherited economic and fiscal problems from the previous government, has managed to reduce the public debt burden and grow the economy through prudent fiscal policies. This is according to the latest Organisation for Economic Co-operation and Development (OECD) economic assessment report on South Africa. 15 Jul 2008
Women were more likely than men to file bankruptcy in 2007 according to research recently released by the Institute for Financial Literacy, a non-profit financial counselling and education organisation based in Portland, Maine, USA. 14 Jul 2008
For a strong, robust and sustainable economy, it is necessary for South Africans, the poor in particular, to start spending less and saving more. 7 Jul 2008
The 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
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
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