All articles

Super rich home buyers shrug off rate hikes

16 May 2008 · Staff Writer

Cape Town marina duplex apartments have a price tag of R100-million each

US home foreclosures hit record May

15 May 2008 · Staff Writer

In a further sign of the still-troubled US housing market, a survey Wednesday showed home foreclosure actions hit a fresh all-time high in April of 243 353.

More inflation on way, warns Reserve Bank

15 May 2008 · Staff Writer

Interest rate increases of 4.5 percentage points are dampening consumer spending but inflation is still rising, according to the Reserve Bank monetary policy review, released yesterday

A formula to help you stretch your rands

15 May 2008 · Staff Writer

The cost of inflation – are we working to live, or living to work? The price of oil has been rising daily and is currently above R915 a barrel.

Check that you aren't haunted by unpaid debt

14 May 2008 · Staff Writer

Beware that debts still registered as unpaid may well keep you on the blacklist.

Coronation sees market volatility continuing

14 May 2008 · Staff Writer

Coronation Fund Managers expects the recent market volatility to continue for the foreseeable future, but the worst could be over for the local financial and industrial counters.

Repo to increase again

14 May 2008 · Staff Writer

Standard Bank's Economics Unit expects one more increase in the repo rate in June, taking prime to 15.5%, then a static stance for eleven months before a cut in the repo by 50 basis points in June 2009.

Load shedding drags down Astral stock

14 May 2008 · Staff Writer

Not being a trader in shares, I don’t often bother to look at the Stock Exchange News on the day the reports appear.

Slowdown in world economy hits tourism

12 May 2008 · Staff Writer

Players in the tourism industry say the global economic situation is "badly" affecting the industry.

New cash raised for 30000 homes

12 May 2008 · Staff Writer

Backlog increases the demand for housing

Manuel's policy gambit

12 May 2008 · Staff Writer

Finance minister Trevor Manuel has put the national treasury back where it belongs: front and centre of the economic policy debate.

Buyers opting for smaller homes

12 May 2008 · Staff Writer

House price growth is at an eight-and-a-half year low, according to the Absa House Price Index