Tag ArchivesFNB

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Inflation eases to 5.3%, weak growth remains a concern

By Mamello Matikinca, FNB Senior Economist Consumer price inflation staged its first return within the SARB’s target band since August last year, printing 5.3% y/y in April from 6.1% in March. (more…)

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FNB promotes access to banking in rural South Africa

FNB has become the first bank in South Africa to introduce a non-cash dispensing ATM with deposit capability. These ATMs are a smaller version of the standard ATM which FNB introduced in 2013 as a way of bringing banking services directly into communities. (more…)

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Six ways to stretch your electricity budget this winter

Many cost conscious consumers who have converted to prepaid electricity to cut their energy bills, are still spending excessively in winter. (more…)

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Contraction in SA’s manufacturing sector could be prolonged

By Jason Muscat, FNB Senior Industry Economist Manufacturing production in March increased just 0.3% y/y, and declined -0.6% m/m, while the quarterly number declined -0.9% on 4Q16. (more…)

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How to save in foreign currency and manage exchange rate volatility

If you are planning an overseas trip at the end of the year, save in a foreign currency and secure the current exchange rate. (more…)

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Five money mistakes retirees must avoid

Retirement planning is an ongoing process; in fact once retirement starts it becomes all the more important to make wise investment decisions. (more…)

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Ester Ochse

What to do after a financial windfall

After receiving a financial windfall, such as an inheritance or lottery winnings, it’s important to stop and think about what you want to do with your money. (more…)

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The importance of keeping a clean credit record

Most people know that the way they manage their credit is tracked, but don’t realise the role a credit record will play in their future financial wellbeing. “A credit record is the documentation detailing payment history of current and previous debt,” says Nico van Staden, Head of Credit at FNB Credit Card. (more…)

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