Recent data from Rand Merchant Bank and the Bureu of Economic Research found that South Africa has some surprising upward trends emerging.
Rand Merchant Bank (RMB), the corporate and investment banking arm of FirstRand pointed to a solid performance in its full-year financials, highlighting an 18% growth in core lending.
The RMB/BER Business Confidence Index (BCI) eased slightly further from 42 to 39 in the third quarter - meaning that 61% of respondents are unsatisfied with prevailing business conditions.
The latest update to The Economist's Big Mac Index shows that South Africa's currency is one of the most undervalued in the world.
BusinessTech compares the available credit card accounts from some of South Africa's biggest banks.
Banks are catering to high income South African with luxury benefits and rewards for certain credit card holders. BusinessTech took a look at what major banks offer and what they provide their clients.
The rand has and other international currencies have weakened in recent months due to the strength of the US/dollar, but this moderation is not surprising, says John Cairns, global markets strategist at Rand Merchant Bank.
South Africa’s major export car markets such as the UK and Europe will no longer allow the importation of internal combustion engine (ICE) vehicles by 2030 which means there is an urgent need for added investment to shift to electric…
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