Tag: high interest rates
Weighing the options: Using your car as collateral for a loan
It's important to weigh the pros and cons of a loan that uses your car as collateral. Title loans are a quick way to get cash when you need it, but...
Standing Committee on Finance calls on SARB to seriously look at high-interest rate issue
The Standing Committee on Finance has called on the South African Reserve Bank (SARB) to seriously look at the issue of the high interest rate which is making life difficult for...
Big drop in building plans passed could lead to higher property prices
By Larry Claasen
THE value in building plans passed in the Western Cape dropped a massive 19,2% to R13,99-billion in the six month period to end June 2024, according to Statistics South...
July sees positive turn in monthly retail new vehicle sales
"Finally, in July, we witnessed a positive shift in monthly retail new vehicle sales," commented Brandon Cohen, National Chairperson of the National Automobile Dealers Association (NADA), following the release of the...
Cash-strapped buyers join forces to invest in property
South Africans are nothing if not resourceful so it's not surprising that many house buyers are pooling their income to invest in property as a collective. “Instead of walking away from...
Collins converts to Reit, increases dividend by 50%
Collins Property Group has in the year to end February doubled its profit from continuing operations from R516.9m in 2023 to R1,21bn.
The company, which was converted to a REIT during the...
Investors are snapping up prime properties in the Western Cape
There is a major surge in investment in buy-to-let properties across South Africa, with the Western Cape leading the pack.
"We're seeing a 15 year high in national investment applications, which rose...
Disposable income on the rise for South African tenants
South African tenants are in a better financial position than at the end of 2022 despite high interest rates and inflation – great news for rental agents and landlords who rely...
FNB – The Week Ahead – Another busy week on the corporate earnings calendar
Locally, we expect releases from:
Glencore (3Q23 Update) – Per guidance for FY23, copper production is expected between 1 010 and 1 070 kilo tonnes (kt), Cobalt is set to come...
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South Africa’s economy facing optimistic future
KPMG shares insights from their South Africa Economic Outlook
In search of fiscal consolidation
Positive post-election sentiment coupled with improved energy availability and reduced inflation...