No image available
/ 17 March 2008

Market chaos: Not all bad news for SA

The current global economic turmoil is unlikely to ”impoverish” South Africa and there is some good in the weaker rand, according to First National Bank chief economist Cees Bruggemans. Commenting on the falling rand on Monday, Bruggemans said the good news is that it is the shock absorber of the moment.

No image available
/ 4 December 2007

Surprising rebound in consumer confidence

Consumer confidence has surprisingly rebounded to close to its previous record, according to the First National Bank (FNB)/Stellenbosch University Bureau for Economic Research’s (BER) latest FNB/BER consumer confidence index, which was released on Tuesday. Consumer confidence increased by four index points.

No image available
/ 9 October 2007

Consumer confidence declines

Consumer confidence declined further during the third quarter of 2007, according to First National Bank and Stellenbosch University’s Bureau of Economic Research’s consumer confidence index (CCI) released on Tuesday. The CCI declined by three index points — from 21 during the second quarter of 2007 to 18 during the third quarter of this year.