SA consumers struggle as food prices soar
/ 21 December 2023

SA consumers struggle as food prices soar

World food and fuel costs have dropped but grocery prices at local supermarkets remain unaffordably high

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Pick n Pay: Summers is back, but will the Ackermans check out?
/ 7 October 2023

Pick n Pay: Summers is back, but will the Ackermans check out?

The prodigal son’s return may usher in a new era for the retailer, which has languished under the Ackerman family’s control

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EXPLAINER: Even as inflation falls, homebuyers hold off
/ 30 August 2023

EXPLAINER: Even as inflation falls, homebuyers hold off

Interest rates will probably remain much higher than their pre-pandemic average, as the Reserve Bank guards against ongoing inflation risks

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SA banks brace for interest rate bust-up
/ 1 July 2023

SA banks brace for interest rate bust-up

A higher cost of borrowing is generally good for bank profit margins – until it isn’t

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How R31.5 million was stolen from FNB and Rand Merchant Bank clients
/ 16 March 2023

How R31.5 million was stolen from FNB and Rand Merchant Bank clients

British citizen Richard Marsden apparently orchestrated the defrauding of clients at FNB, Absa and Rand Merchant Bank

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Former Eskom executive and corruption suspect Anoj Singh ‘defrauded of R13.9 million’
/ 8 March 2023

Former Eskom executive and corruption suspect Anoj Singh ‘defrauded of R13.9 million’

Mahendren Munsamy, accused of stealing R420 million from FNB and Sasol, allegedly also stole from Singh

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High Cape Town home prices prompt semigration sprawl
/ 7 February 2023

High Cape Town home prices prompt semigration sprawl

With more people relocating to the coast, demand in the Mother City has sent prices soaring

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Appeals to NPA stall the start of R420 million FNB, Sasol theft trial
/ 31 January 2023

Appeals to NPA stall the start of R420 million FNB, Sasol theft trial

Director of public prosecutions Shamila Batohi asked to drop charges in the fraud case involving the bank and the chemicals firm

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SA housing market to fall off a hill, not a cliff
/ 8 November 2022

SA housing market to fall off a hill, not a cliff

The market is set to slow as consumers feel higher bond costs but the slump will not be as dramatic as in economies where buoyancy is the rule not the exception

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Relief: Government must guard SA’s poor against inflation’s assault
/ 6 July 2022

Relief: Government must guard SA’s poor against inflation’s assault

It could prove difficult for government to loosen its grip on the public purse, but economists say the current extraordinary circumstances require intervention

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Winter is here: Inflation, debt cools the economy
/ 24 May 2022

Winter is here: Inflation, debt cools the economy

There is a lot bearing down on South African consumers and, without growth, the economy stands to decline

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Unemployment and interest rate hikes predicted to hit property market
/ 4 February 2022

Unemployment and interest rate hikes predicted to hit property market

The volume of new mortgage applications reached multi-year highs amid record low interest rates

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Nedbank features negatively in state capture report; Standard Bank defends itself
/ 18 January 2022

Nedbank features negatively in state capture report; Standard Bank defends itself

So far, one of South Africa’s ‘big four’ banks faces a serious allegation levelled in the Zondo report — and more revelations may follow

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No more cash for coal FirstRand says
/ 24 September 2021

No more cash for coal FirstRand says

The bank’s chief risk officer says banks can’t stand on the sidelines of the climate crisis debate

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FNB, Investec exposed to R6.3m scam
/ 22 September 2021

FNB, Investec exposed to R6.3m scam

Administrators at First National Bank are accused of duping Investec out of millions of rand.

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