Economy / General

Economy gathering pace into second half of 2024

Following the South African Reserve Bank’s decision earlier today to leave its repo rate unchanged, FNB confirms it will maintain its prime-linked accounts at existing interest levels and will review this position after the next SARB MPC meeting in September.

Why the South African Reserve Bank should cut interest rates now

In light of the mounting financial pressures on South African consumers, there is an urgent need for the immediate interest rate cut by the South African Reserve Bank (SARB).

South African consumers expect the biggest spending hike to be on groceries in the next six months

PwC weather scenarios highlight how drought and heat stress will impact the production of essential metals, minerals and food crops