MoneyMarketing

Industry News

28 Mar 2018

Rate cut is a welcome relief for the agricultural sector

Commentary by Paul Makube, Senior Agricultural Economist at FNB Business.  Agriculture is a capital intensive industry with a national agriculture debt in access of R 160 million, the reduction of the interest rate by 25 basis points is therefore a welcome relief to farmers and producers who are still recovering from the aftermath of the...
28 Mar 2018

SARB rate cut offers welcome reprieve and growth prospects

 Commentary from Luigi Marinus, Portfolio Manager at PPS Investments. The South African Reserve Bank (SARB) has cut the repo rate by 25 basis points from 6.75% to 6.5% following the most recent rate cut in July 2017. The biggest contributing factors to the rate cut is the low inflation rate at 4.0% per annum as...
28 Mar 2018

Rate cut a further boost for market sentiment - Andrew Golding

  Dr Andrew Golding Today’s (28 March 2018) announcement of an interest rate cut of 25bps, coupled with Moody’s decision to not only leave South Africa’s credit rating unchanged at one notch above junk status, but to also upgrade the outlook from negative to stable, are positive factors which should provide welcome stimulus for the...
28 Mar 2018

Inflation expectations decline: BER

Inflation expectations for both 2018 and 2019 declined across all social groups relative to the previous quarter, the Bureau of Economic Research (BER) says in its Inflation Expectations Survey.
28 Mar 2018

SA Reserve Bank cuts repo rate by 25 basis points

The Monetary Policy Committee (MPC) of the SA Reserve Bank (SARB) has decided to reduce the repurchase rate by 25 basis points to 6.5% with effect from 29 March 2018. At a media briefing this afternoon, the SARB Governor Lesetja Kganyago said that the MPC was of the view that, in light of the improved...
28 Mar 2018

A healthy credit record: your building block to financial freedom

Nowadays, not many things in life are completely free of charge, but thanks to the National Credit Act, you’re entitled to a free up-to-date credit report every year. “Taking advantage of this free online service via a registered credit bureau (like Transunion, for example) is definitely a good idea,” says Soré Cloete, Senior Legal Manager...
28 Mar 2018

No guidance and regulation regarding cryptocurrencies in SA

In South Africa, as with most other countries around the world, there is no guidance and regulation regarding cryptocurrencies such as Bitcoin.
27 Mar 2018

Innovative employee benefits – a competitive advantage for SMEs

Small and Medium Enterprises (SMEs) continue to play an integral role in addressing South Africa’s high unemployment rate. However, recruiting and maintaining skilled talent is a task that these smaller businesses have to approach with dexterity. One way to go about this is by providing prospective employees with more than just the promise of a...
27 Mar 2018

Safeguard your assets during the Easter break

The Easter holidays always offer a great opportunity to travel to another part of the country to reconnect with family and friends or join a community celebration.  Enjoy the bliss of being on the open road and make the most of your free time, but don’t leave town before taking steps to protect yourself and...
27 Mar 2018

Local industry-first specialist risk report reveals huge exposures for SA businesses

Over 56% of South African business owners believe that they still do not fully understand their obligations under the new Companies Act, according to a recent survey by SHA Specialist Underwriters.

Visit the official COVID-19 government website to stay informed: sacoronavirus.co.za