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Quarter ended 30 September 2015.
Business is going to face tough operating conditions for the foreseeable future, with weak demand set to bedevil the forthcoming Christmas trading season. Electricity constraints are curbing output while demand is being hampered by high unemployment, both of which are not likely to improve for quite some time.
First National Bank (FNB) will leave its prime lending rate unchanged following the decision taken earlier today by the SARB Monetary Policy Committee (MPC) to keep rates on hold until the final SARB MPC meeting of 2015.
Headline inflation surprised the market yet again to the downside, printing at 4.6% y/y in August from 5.0% y/y in July.
The strongest deterrent against FSP compliance missteps is or should be: