The Production Price Index (PPI) for March 2008 has come in much higher than expected at 11.8% year-on-year (y/y) reported Statistics South Africa (Stats SA), on Thursday, 24 April 2008. 24 Apr 2008
The Absa-Barclays tie-up will allow Woolworths to offer a premium credit card to customers earning above the LSM 6-8 level. 24 Apr 2008
Leading short-term insurer, Mutual & Federal, has announced that it is launching a low cost short-term insurance product - Insurance 4 All - targeted at the low-income market and fundamentally based on sustainable business principles. 24 Apr 2008
The Consumer Price Index excluding interest on mortgage bonds (CPIX) has soared to 10.1% for March 2008, reported Statistics South Africa (Stats SA) on Wednesday, 23 April 2008. 23 Apr 2008
Consumers gave online banking high marks in a recent survey conducted by ForeSee Results using the American Customer Satisfaction Index. Online banking garnered a score of 82 out of 100, an increase of 12 percent when compared with a score of 73 in 2003. 16 Apr 2008
Indebted South Africans will have to dig further into their pockets following the South African Reserve Bank's (SARB's) Monetary Policy Committee (MPC) announcement of the hike in the repo rate by 50 basis points. 10 Apr 2008
With the Reserve Bank's Monitory Policy Committee widely expected to increase the interest rates today, First National Bank (FNB) has offered to reduce the administrative burden on small and medium enterprises by restructuring their loans to enable them to cope with their short-term financial difficulties. 10 Apr 2008
Listen carefully, South Africa, the market's sending you a reassuring message. That's the reading of recent equity market developments by Stanlib, one of the country's leading asset manager and largest unit trust company. 8 Apr 2008
In the face of South Africa's rising inflation rate, Reserve Bank Governor Tito Mboweni may not have much choice but to hike interest rates. 26 Mar 2008
The increases in the prices of food and petroleum are important drivers of inflation. According to the South African Reserve Bank's (SARB) quarterly bulletin released on Wednesday, 19 March, food prices recorded double digit rates of increase, with the price of petrol also stocking inflation. 20 Mar 2008
The call for entries is open for the JSE/Liberty Life Investment Challenge - the annual contest for students to create the best-performing virtual portfolio between March and September. 17 Mar 2008
Every residential property under the eThekwini Municipality will be exempted from paying rates on the first R120,000, regardless of its market value. The move promises to put more money into property-owners' pockets, which in turn could boost their spend on consumables. 14 Mar 2008
Not only is the number of South Africans who make use of financial products growing, but the rate at which they are taking up these products is also increasing. The biggest winner in the product stakes has been the funeral sector, and particularly informal burial societies, which was the product to watch in 2007. This series of documents, courtesy of FinScope South Africa 2007, provides the key findings of the financial products sectors in South Africa. 14 Mar 2008
According to a new report, retail banks' spend on business intelligence technology expected to reach US$9bn by 2012. 13 Mar 2008
School leavers entering the job market now have an opportunity to combine further study with practical work experience under a new payroll apprenticeship initiative spearheaded by Accsys, a national provider of HR and payroll management software. 3 Mar 2008
According to a report from the National Credit Regulator (NCR), credit bureaux held records for 16.9 million credit active consumers, as at 30 September 2007, with over a third of them holding a bad credit record. 28 Feb 2008
South Africa's inflation rate has risen sharply to 8.8% year-on-year in January 2008, coming in precisely in line with expectations said Econometrix economist Russell Lamberti. 27 Feb 2008
South Africa's fourth quarter Gross Domestic Product (GDP) continued with its upswing registering yet another increase of 5.3%. 26 Feb 2008
Kramer is now seeing a debt counsellor to renegotiate his debts. 26 Feb 2008
Mpumalanga Premier Thabang Makwetla has unveiled plans to extend investment opportunities by launching a growth fund to finance projects that banks may be reluctant to fund. 26 Feb 2008
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