Homeowners with mortgages can take up offers not seen in the market for a long time.
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/ 7 November 2011
House prices, still 13% below their 2007 peak, are not rising with inflation — and home property values are set to drop even further, analysts say.
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/ 20 October 2011
After an increase of 8% in bank charges in 2011, Absa remains the most expensive commercial bank in SA, with Capitec the cheapest, says Solidarity.
Absa Group says it would merge its business and retail banking units, a similar move done by Barclays this year.
The main obstacle to moving accounts is the inconvenience, writes <b>Teigue Payne</b>.
Employees are becoming more aware of what they could expect from their employer.
While the financial world worries about a double-dip recession South African banks reported a decrease in bad debts.
Absa Group reported a better-than-expected 19% rise in first-half profit helped by a decline in bad loan charges and rising income from transactions.
Big South African banks are expected to show scant underlying growth when they report first-half earnings in coming weeks.
Critics say a document that downplays the mine flooding risk in Johannesburg soothes business fears.
Telkom says it has appointed former Absa group financial director Jacques Schindehutte as its new chief financial officer and director.
The year-on-year growth in residential house prices was constrained in April, according to the Absa House Price Index released on Monday.
Absa’s profit before tax decreased by 19% to R1,481-billion in the first quarter of 2011 from R1,832-billion in the first quarter of last year.
Making modest purchases and avoiding lavish spending should see you through 2011.
South African consumers are increasingly opting for longer vehicle loan monthly repayment periods in order to afford new cars.
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/ 15 February 2011
Absa has reported flat full-year earnings that were slightly above consensus, hit by slack demand for loans and a slow economic recovery.
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/ 15 February 2011
Absa, the SA bank majority owned by Barclays, surpassed market expectations with a slight upturn in full-year earnings on Tuesday.
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/ 10 February 2011
The unbanked will have easy access to benefit payout funds.
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/ 7 February 2011
The year-on-year growth in house prices started sluggishly in 2011, according to the Absa House Price Index released on Monday.
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/ 4 February 2011
Absa Bank will be the new official sponsors of the Springboks, the South African Rugby Union (Saru) announced on Thursday.
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/ 18 January 2011
University costs for current grade ones will be over R160 000 by 2024.
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/ 13 January 2011
Port Elizabeth and Johannesburg are the most affordable cities for home buyers, a property group said on Thursday.
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/ 12 January 2011
Vehicle sales are up, but South Africans are showing a preference for more affordable cars.
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/ 25 November 2010
Earlier this year we saw FNB challenge Capitec with a new bank offering that looked suspiciously similar to Capitec’s offering.
FNB emerges as the cheapest of the big four on the back of an aggressive marketing campaign.
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/ 2 November 2010
Standard Bank and Absa were rated the most expensive banks in South Africa in the Solidarity bank costs report, released on Tuesday.
Although residential property demand and price momentum are slowing, a return to recession conditions is unlikely.
Two members of Afriforum Youth were kicked out of Loftus Versveld stadium for displaying a banner with the words "Sies Absa, ons eis meriete".
A person now needs more than R1-million to buy an average home in South Africa.
Chaka wants some ideas on how to set up a savings club account.
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/ 19 February 2010
Absa plans to buy a controlling stake in Namibian financial services firm Capricorn Investment Holdings for an undisclosed amount, it said on Friday.
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/ 16 February 2010
SA’s biggest retail banking group, Absa is to establish a corporate bank this year, Absa CEO Maria Ramos disclosed on Tuesday.