More pain on the way

By Staff Writer

More pain on the way
From Business Report

Measures to deal with surging consumer prices would hurt but the Reserve Bank policy makers were not "inflation nutters", Tito Mboweni, the governor of the bank, said in an article published yesterday.

Mboweni said the reasons for an acceleration in inflation were broader than just food and fuel costs.

Justmoney.co.za says:

Credit conditions are tightening. Now is the time to take stock of your finances. Check that your credit card is helping rather than hindering you. Update your vehicle finance to get the best deal. Look at how you service your debt costs and consider consolidation. Interest rates will rise and the banks will follow.
Check out your bank account to see if it will change your liabilities with the new interest rate. If you want to pay off your debt with a personal loan, compare the options to get the best deal.

Recent Articles

Featured When to trade in your old car for a new one

You may have noticed that your car isn’t running as smoothly as it used to. This is particularly concerning if you’re hoping to sell it at a reasonable price, and buy yourself a modern alternative.

3 facts to consider when cancelling your contract

If you’ve ever had a relationship end in a bit of a mess, you’ll know that some people are more difficult to break up with than others. The pain, the push back, the back and forth – it can be a difficult process.

How long does debt reflect on your credit score?

If you’ve ever had debt that you didn’t manage well, you may have wondered how long the debt would remain, or be retained, on your credit score. This is known as a “retention period” and it is governed by the law.

Deals

Full Body Massage at Dembalicious Spa

Price: R99
When: Mondays to Sundays
Where: Johannesburg

Two-Course Asian Dining for Two

Price: R269
When: Mondays to Sundays
Where: Cape Town

One-Hour Yacht Cruise with Waterfront Charters

Price: R99
When: Mondays to Sundays
Where: Cape Town


Latest Guide

Guide to debt rehabilitation solutions