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Muted Growth in SA Consumer Spending, Absa Report Reveals

28 October 2024

The latest Absa Merchant Spend Analytics Report for August 2024 reveals a slight increase in South African consumer spending on a month-to-month basis.

Rate cuts – All the more reason to shop around while corporates await the GNU Economic Growth Plan

20 September 2024

The South African Reserve Bank has provided a clear indication that the downward interest rate cycle has begun. While this brings much-needed relief to consumers, the country’s business community must act quickly to ensure the interest they earn on their large cash piles is not eroded.

PPS Investments: Statement of Monetary Policy Committee

19 September 2024

In a widely expected move, the Monetary Policy Committee (MPC) of the South African Reserve Bank (SARB) lowered its policy rate today by 0.25%, from 8.25% to 8.0%.

PPS Investments: CPI for August 2024

18 September 2024

Annual consumer price inflation edged lower in August, to 4.4% year-on-year, compared to 4.6% in July. This is the first time since April 2021 that inflation has come in below the SARB’s 4.5% target level.

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The strongest deterrent against FSP compliance missteps is or should be:

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A criminal conviction Debarment Fine or penalty Any of the above can work

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