Written or reviewed by Staff Writer
New bank BEE cost is R20bn
Johannesburg - Deals which led to the transfer of large stakes in the four major retail banks to black investors would cost R20 billion to restructure, Cas Coovadia, the chief executive of the Banking Association of SA (Basa), said yesterday.
And after the eighth rate hike ... he rested
THE Reserve Bank's decision to put monetary policy on hold despite rising inflation will give SA's hard-pressed consumers a welcome respite, but it is too soon to assume the next move in interest rates will be downwards.
South African's worry about debts and lack of retirement funds
More than one in every two people worry that they won't be able to pay their debts,a new Justmoney.co.za poll reveals
On your bike! Win a rare Justmoney.co.za cycle top
Register today and you could win a limited edition Team Justmoney.co.za cycle top!
Interest rates hit 14.5%
Festive cheer is dampened as the interest rate soars to 14.5%. Too high? Vote in our poll and tell us what you think
Business confidence at 4-yr low
A survey by the chamber of commerce on Wednesday said that Levels of business confidence in South Africa are at their lowest for more than four years
Taxpayers 'tend to be demonised'
Tax authorities worldwide "were resorting to psychological warfare against targeted groups of taxpayers".
Charter row ‘may hurt bid to extend banking'
THE number of South Africans with access to banking had risen to the highest level in five years, but FinMark Trust warned yesterday that if the financial sector charter was not gazetted in its present form, many would be shorn of access to fina...
Justmoney.co.za now offers pet insurance
Justmoney.co.za and Petsure, South Africa's leading pet insurance providing, join forces to provide cost effective cover for your pet
High rates hit growth in house prices
MEDIAN house price growth has been stagnating for the past two months
How to Make a Million Rand
Lawrence Blake, independent financial planner with Blake & Els Wealth & Risk Management, explains how far R500 a month can go towards reaching your first million
It's time to review your finances
Although Manuel was talking about the country's economy, his advice that we should keep focused on the things required to raise long-term growth applies equally to our personal financial planning.