Increasing debt levels in South Africa require roughly 76% of household income. This is why highly indebted South Africans are very pleased with the unchanged interest rate, announced on the 18th of September 2014.
The Monetary Policy Committee’s decision to keep the repo rate stable is good news, particularly for mortgage-dependent homeowners and aspirant home buyers. Andrew Golding of the Pam Golding Property Group explains further.
Mabyanine Phiri explains how the slow growth in the South African economy, together with the depreciating exchange rate, are among the factors contributing to the the decision to keep rates unchanged. All this and more in today’s Market Snippet.
In the 25 September 2014 issue of Finweek, we take a look at the investment landscape of Namibia. This article focuses on the success story of Trustco Group Holdings Ltd.
Getting into cognac drinking? A bottle of a special blend could set you back thousands. So, what makes a bottle worth so much? Finweek investigates.
Book Express has been named the 2014 Gauteng winner for the Talk Radio 702 Small Business Awards. The awards aim to recognise and celebrate small businesses that offer exceptional service and provide them with support to grow.
With summer just around the corner, now is the time to prepare your home for the warmer months. Consider these useful tips to help keep your home cool and to save on energy costs.
Is there a chance that the South African Reserve Bank will announce a hike in interest rates today? Rene Grobler, Investec Specialist Bank’s head of Cash Investments, gives her opinion.
The Fed reiterated that rates would remain low for a considerable time at the end of the stimulus programme. This came as a surprise to many economists due to the positive data from the US. All this and more in today’s Market Snippet.