“The BETI reached an index level of 130.2, the lowest since the 130.1 reflected in December 2021,” says Shergeran Naidoo, BankservAfrica’s Head of Stakeholder Engagements. “Reflecting the growing weakness in the economy on a monthly basis, the…
"We all know somebody who has fallen prey to phishing—these criminal networks are extremely devious and effective. With that in mind, when we designed Bank Zero we assumed that the customer will indeed reveal all their personal information,…
This notable moderation in the BETI reflects the pressures that businesses in the country’s main economic sectors are experiencing from the prevailing dismal economic context: continuing load shedding, interest rates and inflation remaining…
The February survey period included an unprecedented seven consecutive days of stage 6 load-shedding, which was likely top of mind for many respondents.
“The average nominal take-home pay for January was R14 305, which was 7.5% lower than the R15 467 recorded in January 2022,” says Shergeran Naidoo, BankservAfrica’s Head of Stakeholder Engagements.
Dhashni Naidoo, FNB Consumer Education Programme Manager says, "Wanting to spoil our loved ones is natural and there is nothing wrong with doing that. But we should not spend money that we did not budget for or use credit to buy gifts."
This year’s report shows that FNB is leading on price and value in several categories, including entry-level and middle-income accounts.
"Our advice-led approach to financial services offers customers the full benefits of personalised help across our range of solutions. This helps customers make more informed decisions about their finances, such as identifying potential financial…
The seasonally adjusted Absa Purchasing Managers' Index (PMI) came in at 53.0 index points in January 2023 – virtually unchanged from 53.1 in December.
"In essence, you can now find and book flights in minutes – turning travel planning into a smooth and simply brilliant experience – one that I would argue is the best available in speed, choice, and value," says Hylton Kallner, CEO of Discovery…
“The total spend during the month amounted to R100 billion as volumes reached 142 million in December,” says Solly Bellingan, Head of Customer Relations at BankservAfrica.
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