256 The repo rate cut of 25 basis points brings the repo rate to 7% and the prime lending rate for commercial banks down to 10.50%. Although economists were happy with the…
Category: Business
Lessons about implied warranty of quality and right of return
475 Although it sounds easy enough to understand, there are some conditions attached to the implied warranty of quality. The annual report of the Consumer Goods and Services Ombud contains two important…
Ombud gets R11.9 million back for consumers
282Most of the complaints received were about online shopping, followed by complaints about electrical appliances. The Consumer Goods and Services Ombud managed to get R11.9 million back into consumers’ pockets after resolving…
SA fixed investment almost halves, after public sector projects slump
337 Nedbank report says the private sector is responsible for 100% of the announced capex plans in the first half of 2025. South Africa’s public and private sectors announced new capital projects…
Frictionless trading experience: How fast withdrawals set the new benchmark for trust
264 Exness leverages a highly automated and robust payment infrastructure. In the financial markets, trust is the bedrock of the client-broker relationship. It’s an assurance that the platform they use is not…
Economic activity slowly improving although economic pressure persists
317 Economic activity increased for a third month in July, showing the resilience of South Africa’s economy despite the risks. Economic activity in South Africa is slowly improving although economic pressure, specifically…
How employees benefit from a purposeful work culture
273 A purposeful work culture is where employees understand and connect with the deeper meaning and impact of their work, going beyond just completing tasks. This can have significant benefits for both…
How to protect yourself from scams during tax season
258 Scammers are now getting so clever that they even impersonate the taxman to lay their hands on your information and you money. There has been another warning for taxpayers to watch…
Lower wage workers being exploited as 43% of South Africans buy food on credit
288 Buying food on credit is regarded as a sure sign that you are battling financially, but it is often the only way to feed your family. South Africans are living in…
US tariffs come into effect, rand stutters, but recovers
312 With the US tariffs poised to hit this week, the rand fell to its lowest against the dollar but recovered late. In what would normally would have been a quiet week…