Guiding consumers since 2009

Growth to slow further as rate hikes slam economy

By Staff Writer

Growth to slow further as rate hikes slam economy

By Ethel Hazelhurst
From Business Report

Growth would slow further as the effect of interest rate hikes in April and last month fed through to the economy, the University of Stellenbosch's Bureau for Economic Research (BER) said yesterday. The news from the BER is not all bad.

Justmoney.co.za says:

With interest rates not expected to come down until the middle of next year, you still have some tough times in front of you. Consolidate your debts and open a savings account, transfer your credit card and pay off the principal, seek debt management early rather than too late.

Recent Articles

Featured Work from home, have meetings at restaurants – the new normal?

With companies moving from static office spaces to working remotely, meetings have predominantly been held online. However, some companies have turned their attention to meeting at variable locations, such as restaurants or hotel conference rooms.

Is a home loan a great savings tool?

There are many saving and investment options available to consumers. What you decide to use is dependent on your circumstances. But should you make your home loan your choice of a savings vehicle and how does that exactly work?

Everything you should know about tax auto assessment

In 2019, the South African Revenue Service (SARS) launched a system, which was dubbed an “auto assessment”, to assist taxpayers with their annual tax returns. But what does this system entail, and how will it impact you?

What does it mean to be a registered Financial Services Provider?

You may have noticed that financial institutions state that they’re registered Financial Services Providers (FSP). But what does this actually mean, and how does this benefit you as a consumer?

Deals

Earn up to 50% of your tax return submission fee back in eBucks

Price: Available on request
When: Daily
Where: Nationwide

Be part of the Belly Of The Beast Weekday Spring Special Lunch

Price: R350
When: From 23 September 2020
Where: Cape Town

Tony’s Roma Breakfast Special

Price: R39
When: Daily
Where: Cape Town


Latest Guide

Guide to debt rehabilitation solutions