Tag ArchivesFNB


What the SARB’s MPC decision means for your portfolio

The SA Reserve Bank (SARB)’s Monetary Policy Committee (MPC) kept the repo rate unchanged at 6,75% at yesterday’s meeting, against the market consensus of a cut.  What does this mean for your portfolio? (more…)

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Finances should be a joint effort in a household

Who manages your household finances? The management of finances should not be seen as the job for a man or woman in a household, but a joint effort between partners. (more…)

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Lee Bromfield

Avoid overspending on funerals

Consumers who do not plan ahead for funerals could find themselves overspending in a last minute effort to give their loved ones a dignified send off. (more…)

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Increasing Sales

Retail Sales show glimpse of consumer relief on the horizon

By Jason Muscat, FNB Senior Economic Analyst. July retail trade sales registered the fifth consecutive positive reading for 2017, expanding 1.8% y/y (unadjusted) from an upwardly revised 3.2% in June. In fact, all of the second quarter numbers were revised higher, but it remains to be seen whether this will have any impact on the […]

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SA economy rebounds from technical recession

By Mamello Matikinca, FNB Senior Economist. South Africa bounced back from a technical recession with GDP expanding 2.5% q/q in 2Q17, slightly above our expectations of 2.1%. (more…)

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Inflation eases to 4.6%, raising hopes for a rate cut

By Mamello Matikinca, FNB Senior Economist. Headline inflation eased to 4.6% y/y in July, in line with our expectations, from 5.1% in June. The moderation in headline inflation was due to lower fuel, electricity and food prices. (more…)

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Building wealth through entrepreneurship

A common discipline that high-net-worth individuals share when building and sustaining wealth for future generations is the appreciation for entrepreneurship. (more…)

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FNB on online banking misconceptions

Overcoming reluctance to digital banking channels

Despite a 33% increase in the number of customers using the FNB Banking App, who earn less than R300 000 per annum, some customers in this segment are still reluctant to take advantage of digital banking channels due to certain barriers and misconceptions. (more…)

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