Public pays price of dodgy data

By Staff Writer

Public pays price of dodgy data  

From Business Report
By Ethel Hazelhurst

Delays in changing the way inflation is calculated have cost South African households thousands of rands in unnecessary interest rate hikes this year.

Justmoney.co.za says:

Oh happy days! Inflation should be only 8.7% instead of the reported 10.9%. This may mean less interest rate hikes, but you should still health check your finances, open a savings account and compare your credit cards. The outlook is a bit brighter, but there are still tough times ahead.

Recent Articles

Featured Investing for your retirement – which product to use?

Retirement annuities (RAs) and tax-free savings accounts (TFSAs) - which is better when planning for your retirement?

3 Reasons for early entry to a retirement village

Your parents may envision their golden years on the porch of your childhood home. However, it’s good to look at the benefits of joining a retirement village.

What do activist investors aim to achieve?

If you had the financial means to invest in a company so that you can enact the change you want to see in the world, would you do it? There is a growing group of individuals who would, and these are known as activist investors.

Does installing a tracker reduce your insurance premium?

Installing a tracker can increase the safety of your car and track it in the event of theft and hijacking. But what kind of impact will it have on your insurance premiums?


Latest Guide

Guide to debt rehabilitation solutions