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March BETI may predict increasing inflation trend

15 April 2015

A decline in the March 2015 BankservAfrica Economic Transaction Index (BETI) against February’s report, shows the volatile nature of South African economic activity. The average nominal value per transaction via the South African banking system increased year-on-year by 11.3%, the highest percentage since August 2004. This could indicate underlying inflationary pressure felt by the South African economy.

SMEs must prepare for rising cost of doing business

13 April 2015

Businesses face a challenging 2nd quarter of 2015.

SA economy sluggish, US economy waddles on

08 April 2015

Consumer price inflation (CPI) slowed to 3.9% for the year to February 2015 from 4.4% in January 2015. This largely reflected a sharp fall in petrol prices. Despite this, core inflation remained sticky at 5.8% in February 2015.

SA consumers still better off than last year, despite significant fuel hikes

07 April 2015

The petrol price increase of over R1.60 per litre on 1 April has left many consumers concerned about increasing pressure on their pockets. However, the hike is not necessarily the harbinger of doom for South African interest rates, or the 2015 economy as a whole, with the current petrol price still R1.50/litre lower than the peak of last year.

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

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