Nerves of Steel

By Staff Writer

High rates call for steel nerves 

By Jean Temkin
From
Businessday.co.za

WE KNOW rates will be raised at the June 12 monetary policy meeting - the question is by how much. Some pundits are looking at a 100 basis-point rise, but with April's year on year CPIX rising to 10,4%, Reserve Bank governor Tito Mbweni's 200 basis point threat looks highly likely.

Justmoney.co.za says:

With the pressures on day to day living expenses expected to get worse, make sure that your finances are in order.
Check that your savings accounts and bank accounts are giving you what you think they are. 
Compare whether your credit card is providing the best possible deal.
Review your vehicle insurance and your life insurance.
Consider whether a personal loan might be neccessary to consolidate your debt. Seek debt management before it is too late.

Recent Articles

Featured Rating agencies may come knocking

It is only the middle of February, but the rand has already made two big moves. The first was the rand moving from R14.60 to R 13.20 at the beginning of the year, as emerging markets (EM) became fashionable again. The second was where the rand gave away nearly 90 cents in 2 weeks as the EM rally ran out of steam, and local events started to hit the headlines.

Read more

The cost of sending money home to neighbouring countries

Transferring money home within the Southern African Development Community (SADC) provides vital financial support for many households in neighbouring countries.

Read more

Student bank accounts: Which come out on top?

Being a student signals budgeting and not having a lot of money at your disposal. This means streamlining expenses such as your grocery costs and entertainment budget. But what if your bank account is in fact costing you more than you can afford?

Read more

Can you afford an ambulance in South Africa?

When a loved one is straddling the line between life and death, you won’t hesitate to call an ambulance. This week, Justmoney found out how much an ambulance ride costs in South Africa, whether you can refuse to get into an ambulance, and who pays the bill if you’re unconscious. 

Read more

Sign Up

To our weekly newsletter for advice you can bank on

Deals

President Hotel Easter Special

Price: From R1,500
When: 15 March to 30 April
Where: Cape Town

Kulula-Preskil Island Resort Special

Price: R16,999
When: 11 May -14 September
Where: Mauritius

A Touch Of Madness Tuck In Tuesday Special

Price: R70
When: Tuesdays
Where: Cape Town