Tag ArchivesFNB

It’s a buyers’ market for house sales

Correctly declare expenses in a home loan application

Consumers who fail to correctly declare expenses when completing a bond application may limit their chances of getting the best home loan deal possible.  (more…)

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Factors to consider about your retirement plans when changing jobs

Many people are more likely to change jobs during their working life. When this happens, individuals must consider the financial implications that comes with changing jobs, especially long-term plans such as retirement planning. (more…)

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Further strain on SA consumers as fuel prices to hit a record high

By Paul Makube, Senior Agricultural economist at FNB Agri-Business. After a brief hiatus with the government absorbing about R500 million of the fuel hike and only allowing 5 cents increase in September, the situation has deteriorated with the recent announcement by the Department of Energy (DoE) report showing that petrol prices will jump by 99 […]

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Sentiment among civil contractors remains low in Q3

– The FNB/BER Civil Confidence Index edged marginally higher to 17 in 3Q2018. – Construction activity growth was poor, as has been the case for the past few quarters. – Overall, conditions in the civil construction sector remain depressed with little sign of improving over the short term. The FNB/BER Civil Confidence Index increased to […]

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Efficiency key to overcoming tough economic conditions, says FNB

Following the South African Reserve Bank’s decision earlier today to keep interest rates at their previous level, FNB will maintain its prime lending rate at 10% and review its position following the next SARB MPC meeting in November. (more…)

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Retail trade sales underwhelm in July

By Jason Muscat, FNB Senior Economic Analyst. July retail trade sales expanded 1.3% y/y, behind our expectations of a print north of 2%. As with the manufacturing data, the retail figures were drawn from a new 2018 sample, and while there were some pretty substantial revisions to the data, the sample is now more reflective […]

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Tips for insuring your family art collection

As more households begin to appreciate the value of art as an alternative form of investment, getting to grips with art insurance should form an integral part of a collection strategy. (more…)

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2Q18 GDP confirms technical recession

By Jason Muscat, FNB Senior Economic Analyst. South Africa’s economy contracted by -0.7% qq (seasonally adjusted and annualised) in 2Q18, the second consecutive contraction, which confirmed that the country entered a technical recession in the second quarter. (more…)

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