Explore the Category

Faltering economy puts your business at risk

29 May 2023

Over the last few weeks, this writer has seen more and more headlines of the type that should send shivers up and down the spines of South Africa’s financial and risk advice professionals. For two examples, consider the Daily Maverick’s ‘Capitec CEO warns consumers to live within their means as credit impairments climb by 80%’; and Fin24.com’s ‘Home loan clients taking strain as average instalment rockets by 38% in a year, says Absa’. Are these headlines symbolic of a ‘countdown to Zimbabwe’ moment?

Upward pressure on interest rates is not fully neutralised

26 May 2023

Following the South African Reserve Bank’s (SARB) decision to increase its repo rate by 0.50%, FNB will lift its prime lending rate by 0.50% with effect from Friday, 26 May 2023.

Hawkish SARB MPC hikes amidst upside inflation risks

25 May 2023

The Reserve Bank increased its repo rate by 50bp to 8.25% at the conclusion of its Monetary Policy Committee (MPC) meeting today, underlining its inflation fighting credentials.

MPC hiked policy rate for the tenth consecutive time

25 May 2023

The monetary policy committee (MPC) at the South African Reserve Bank (SARB) continued its aggressive tightening approach by raising the policy rate by an additional 50 basis points, bringing the repo rate to 8.25%. This decision was unanimously supported by all committee members.

quick poll

Question

Do you think short-term insurance broking will survive the AI plus humanoid robotics age?

Answer

Human first always Not a chance Possibly maybe Yes, but reimagined

View the Results