Explore the Category
South Africans' spending patterns have remained relatively stable over the past three years, with the majority of Standard Bank customers allocating similar portions of their total spend towards essential expenses like groceries, transport, digital connectivity, and entertainment, as they did in 2022.
As 2024 winds down and businesses turn their attention to next year, the outlook for the South African economy in 2025 comes into focus.
South Africa’s housing market is poised for a much-needed recovery following the latest interest rate cut by the South African Reserve Bank. On Thursday, the central bank reduced the interest rate by 25 basis points, bringing the prime lending rate down to 11.25%.
Annual consumer price inflation was 2.8% in October 2024 beating market expectation of 3.0%, down from 3.8% in September 2024.
The strongest deterrent against FSP compliance missteps is or should be: