Good news for consumers and anyone with debt , the Monetary Poilicy Committee (MPC) of the South African Reserve Bank (SARB) cut the Repo rate by 100 basis point. This is pretty much in line with what the markets were expecting and equities [...]

Moneyweb reports that Standard Bank has said that 2009 appears to be tougher than expected , with bad debts increasing , volumes significantly lower and fraudulent activity on the increase.
According to Sim Tshabala Deputy CEO , they expect bad debts to continue increasing throughout 2009 with stability coming to the market during 2009. Standard Bank [...]

Sales data released by the National Association of Automotive Manufacturers of South Africa(NAAMSA) confirms that South Africa is in a economic slowdown. Vehicle sales have long been a leading indicator and Economists watch these numbers for any sign that the bottom has been reached. Vehicle sales have been negative since the introduction of the National [...]

Troubling times for property owners and mortgage payers with the latest property news from FNB and ABSA confirming the gloomy sentiment gripping the property market. According to the FNB Houseprice Index  , house prices are at their  December 2006 level effectively wiping out over two years of property growth. ABSA maintains that this is the [...]

Most new home buyers are likely to ask “What insurance do I need and how much do I need? “  This answer to this question can vary depending on your personal circumstances and who you ask.

Excessive credit combined with reckless lending and spending as cause a major global financial crisis causing most economies to go into recession. Here are some useful tips on avoiding those credit card pitfalls. Seeing people buying food or shopping clothes using credit cards has been commonplace over recent years.

Mortgage originators are relatively new players in the South African home loan market, making their appearance in the mid 1990s.

You’ve found the car that makes your heart race at 120 beats per minute. Now only one thing stands between you and the car of your dreams: financing the purchase. In a perfect world, you’d pay the full price in cash without blinking.

You’ve finally found your dream house and are ready to commit but there’s that question of home mortgage affordability. The credit crisis and global recession certainly doesn’t help, Don’t let this thought scare you away just yet. Find out if you can go ahead and buy that house at last.

How Difficult is it To Get Business Finance?
If you’ve tried to get a loan from the bank for your business lately, you know it’s no slam-dunk. All the advertising where banks claim to be SME friendly sound great, but when you get nose-to-nose with a banker it’s another story.Some of the reasons that make [...]