B2B Central

Mamello Matikinca

18 Jan 2018

Risks inhibit cut as SARB leaves rates unchanged, says FNB

By Janice Roberts

Following the South African Reserve Bank’s decision earlier today to keep interest rates unchanged, FNB confirms that it will maintain its prime lending rate at 10,25% and will review its position after the next SARB MPC meeting in March.
13 Nov 2017

FNB repositions its investment offering

By Janice Roberts

FNB has announced its intention to significantly enhance its investment offering to clients by investing heavily into its Wealth and Investment business that now combines the existing investment capabilities from FNB, RMB Private Bank and Ashburton.
23 Aug 2017

Inflation eases to 4.6%, raising hopes for a rate cut

By Janice Roberts

By Mamello Matikinca, FNB Senior Economist. Headline inflation eased to 4.6% y/y in July, in line with our expectations, from 5.1% in June. The moderation in headline inflation was due to lower fuel, electricity and food prices.
24 May 2017

Inflation eases to 5.3%, weak growth remains a concern

By Janice Roberts

By Mamello Matikinca, FNB Senior Economist Consumer price inflation staged its first return within the SARB’s target band since August last year, printing 5.3% y/y in April from 6.1% in March.
22 Mar 2017

Inflation eases at 6.3%, raising possibility of a rate cut in 2017

By Janice Roberts

By Mamello Matikinca, FNB Economist. Headline inflation positively surprised, rising 6.3% y/y in February from 6.6% in January. Our bearish forecast relative to the outcome was underpinned by a bearish view on long-term insurance.
15 Feb 2017

SA's inflation showing signs of easing

By Janice Roberts

By Mamello Matikinca, FNB Economist. Today’s CPI survey indicated that inflation is turning the corner, rising 6.6% y/y in January from 6.8% in December.
18 Jan 2017

Inflation numbers mark the peak in headline inflation

By Janice Roberts

By Mamello Matikinca, FNB Economist Headline inflation negatively surprised in December, rising 6.8%y/y from 6.6% in November. This is notably higher than our 6.6% forecast and the market expectation of 6.5%. The detail in the survey points to a broadening of inflationary pressures – core inflation (CPI excluding food and NAB, petrol and energy) rose...