Tag: Interest rate
Repo rate drop welcomed
Finally, after no change in the repo rate for seven consecutive meetings, the South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC), announced Thursday (19 September) a .25 basis point cut,...
The impact of higher interest rates on salary increases and employee expectations
Authored by: Kirk Kruger, member of the South African Reward Association
A bleak outlook for SA employees
SOUTH Africans are among the most indebted people in the world, with as much as 73%...
Increased money stress severely impacting SA’s home, work life and health
Three out of four South Africans feel money-stress, more than last year, with particularly women admitting to the effects of financial stress at home and work and on their health. Lower-income...
Cape Town’s property market: A hotspot for investment that’s only heating up
Cape Town is consistently topping the list as an investment hotspot for property buyers. With recent sales figures showing that there has been an increase in property purchases across the exclusive...
Interest rate hike contributed to expectation of slower commercial property market and mortgage lending...
By John Loos, Property Sector Strategist at FNB Commercial Property Finance
This latest 50 basis point interest rate hike on its own has a limited dampening impact on the commercial property market....
Are you thinking of extending the term of your home loan?
Pros and cons of extending a home loan repayment term
Owning a home is not only exciting, but it’s one of life’s biggest achievements. While there are many benefits that come with...
Interest rate hikes and home insurance: How to navigate the changes
According to investment analysts South Africans will likely have to brace for another interest rate increase later this week, as the South African Reserve Bank (SARB) holds its Monetary Policy Committee...
Repo rate to rise in March but panel divided on when the rate will...
95% of Finder’s panel forecast a rate hike at the March meeting
77% think the rate will increase by 25 bps, 14% by 50 bps
However, nearly one in three...
Why punish consumers?
THE Reserve Bank announced an increase in its lending interest rate to commercial banks by 25 basis points to 3,75% that will also increase the overdraft rate to 7,25% as well...
Interest rates likely unchanged until late 2019 – Nedbank
Interest rates in South Africa will remain unchanged into late 2019, Nedbank Group’s Economic Unit forecasted on Monday.
According to Nedbank, rising inflation and concerns over tightening policy globally will...
MUST READ
Zero Carbon Charge is looking for landlords to house its EV...
By Larry Claasen
ZERO Carbon Charge is looking for landlords around the country on major routes to house its electric vehicles (EV) charging stations.
The goal...