Motorists filling up with petrol on Wednesday (3 August) will have seen a welcome reduction on their bill, following record highs in preceding months.
Financial services group FNB says that as small and medium enterprises (SMEs) increasingly migrate to digital channels, fraudsters have taken advantage of the opportunity to revive the old Advanced Fee Fraud (419 scam).
The recent steep hike of 75 basis points in the South African Reserve Bank’s repurchase rate and subsequent rise in the prime lending rate to 9% is significant for consumers and the remainder of this year will be tough for…
Covid-19 merely sped up the longer-term trend towards greater remote working. The more interesting impact, which is still unfolding, is on office building design, as office landlords and tenants battle to compete with the attractions of the home, says ...
Two sectors significantly leading the current commercial real estate curve in South Africa are savvy redevelopments of under-utilised commercial sites and industrial property investments.
The total number of liquidations in South Africa increased by 9.8% in June 2022 compared with June 2021, new data from Statistics South Africa (Stats SA) shows.
The South African Reserve Bank's Monetary Policy Committee (MPC) surprised financial markets by delivering its biggest increase in borrowing costs in almost two decades and signaled a faster pace of hikes through next year.
As interest rates increase to curb rising inflation, coupled with fuel and load shedding, among other challenges – is putting pressure on the profit margins of small businesses in South Africa, says Andiswa Bata, co-head of SME at FNB.
After more than two years of Covid restrictions and increased demand, South Africa's restaurant and takeaway sectors are seeing a structural shift, says John Loos, property sector strategist at FNB.
South African businesses and consumers should plan for a big interest rate hike this week - with more to come in the months ahead, economists warn.