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BETI shows SA economy recovering but at a snail’s pace

12 November 2014

The first positive BankservAfrica Economic Transaction Index (BETI) in six months shows that the South African economy recovered in October. Despite the low 0.2% reading, it is the best number in seven months, and the monthly change which increased by 0.6% on September makes for quite positive reading.

Economic Development and the “Six-Pack”

12 November 2014

Dr Adrian Saville, CIO of Cannon Asset Managers, on the keys to economic development and growth.

No relief in sight for consumers as Nene brings bad news

30 October 2014

The South African economy has been under severe pressure for a number of years. While other developing markets are achieving economic growth of close to 6%, South Africa has to be content with growth of close to 2%, possibly even 3% if all the pieces fall correctly into place.

The Momentum / UNISA Household Wealth Index 2nd Quarter 2014

23 October 2014

The value of South African households’ net wealth increased strongly in the second quarter of 2014 (Q2 2014) despite lacklustre domestic economic growth. According to the Momentum/UNISA Household Wealth Index, South African households’ net wealth increased by 36.4% on a quarter on quarter seasonally adjusted and annualised basis (QoQSAA) during Q2 2014. Compared to a year ago (Q2 2013), South African household net wealth was 22.4% higher.

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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