Rate cuts bring uptick in home loan applications
The decision by the Reserve Bank to cut the repo rate by 25bps is welcome news for property and the economy.
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Staff Writer
Oct 252 min read
Half of salary earners have less than R1,000 before payday
Nearly half of salary earners are left with less than R1,000 or have negative balances by payday.
Staff Writer
Oct 222 min read
Middle-income South Africans face overdraft challenges before payday
Almost half of salaried South Africans find themselves with less than R1,000 or in negative balances by payday.
Staff Writer
Oct 112 min read
Governor Kganyago sees room for more rate cuts as inflation eases
South African Reserve Bank Governor Lesetja Kganyago notes that inflation could dip below 4% in the coming months.
Staff Writer
Sep 193 min read
Standard Bank expands Mauritius offshore offering as interest grows for South Africans
Standard Bank has broadened its offshore services in Mauritius to cater to family businesses and corporations.
Staff Writer
Sep 42 min read
Financing for Chinese cars soars in South Africa as Ramaphosa punts manufacturing hub vision
Standard Bank reports a significant increase in the purchase of used Chinese cars by consumers in South Africa.
Staff Writer
Aug 234 min read
Solar financing options offered by South Africa's big banks
Major banks like Nedbank, FNB, Standard Bank, and Discovery Bank have introduced various solar financing options.
Staff Writer
Aug 233 min read
Standard Bank bullish about rebound in home loan applications
Standard Bank forecasts the SARB will begin cutting the repo rate this year, with the first cut of 25 basis points in September and November
Staff Writer
Aug 222 min read
South Africans earning over R1 million annually turn to offshore investments
Standard Bank is targeting clients with monthly incomes exceeding R360,000 per annum to offer tailored financial guidance.
Staff Writer
Aug 153 min read
Standard Bank grows client base, delivers interim dividend
Standard Bank Group has reported a robust financial performance for the first half of 2024 (1H24), with headline earnings reaching R22...
Staff Writer
Aug 72 min read
Here's what is driving solar demand in South Africa
Since the start of the year, 586MW of rooftop solar has been added, now accounting for 6.52% of South Africa’s energy mix.
Staff Writer
Jul 313 min read
The unseen burden on South Africa's middle class
South Africans face a significant debt challenge, as highlighted by recent reports, including Eighty20.
Staff Writer
Jul 232 min read
Interest rate cuts can't come soon enough for homeowners, says Standard Bank
The SARB may cut interest rates in the third quarter of this year, with Standard Bank predicting two rate cuts by year-end.
Staff Writer
Jul 181 min read
Construction underway for South Africa's largest wind farm in Mpumalanga
Seriti Green has launched the first phase of its R25 billion wind farm project in Mpumalanga, aiming to build 900MW of renewable wind...
Staff Writer
Jul 171 min read
Savings proving difficult for middle-class and affluent South Africans
Standard Bank reveals that saving even one month’s salary is becoming increasingly difficult.
Staff Writer
Jul 102 min read
South Africa's biggest banks over 8 major metrics
The Banker has published its 2024 ranking of the world's top 1000 banks based on tier 1 capital levels, with six South African banks...
Staff Writer
Jul 102 min read
Interest rate cuts anticipation spurs first-time home buyer resurgence: Standard Bank
Despite record-high interest rates, Standard Bank has observed a resurgence in first-time homebuyer activity in South Africa, potentially...
Staff Writer
Jun 252 min read
Standard Bank says rate cuts are coming
Standard Bank anticipates the Reserve Bank will reduce interest rates twice before the end of 2024, influenced by the optimism...
Staff Writer
May 82 min read
High interest rates, inflation, and stagnant salaries squeeze SA middle class
The latest DebtBusters Debt Index for the first quarter of 2024 highlights the adverse impact of high interest rates, inflation, and...
Staff Writer
May 22 min read
Motsepe-backed solar subscription service plans R10 billion rollout in South Africa
GoSolr, a company backed by South African billionaire Patrice Motsepe and the continent’s biggest bank, plans to spend R10 billion to...
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