Tag ArchivesFNB

FNB/BER Civil Confidence Index still at very depressed level in 2018Q4

The FNB/BER Civil Confidence Index remained below 20 for the sixth straight quarter, rising by one point to 18 in 4Q2018. The current index level means that more than eighty per cent of respondents are dissatisfied with prevailing business conditions. (more…)

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Xmas 1

Keep your business safe over the festive season

Businesses that are planning to shut down over the festive period should take precautionary measures to ensure their premises are safe and secure at all times. (more…)

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Fuel price pushes inflation to 5.1%

By Mamello Matikinca, FNB Chief Economist. Consumer price inflation rose 5.1% y/y in October from 4.9% in September; this was marginally lower than our expectation of a 5.2% y/y rise. The main driver behind the acceleration was the 99c/l rise in fuel prices, which translated into a 10.5% y/y rise in transport inflation – this […]

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Lee Bromfield, CEO of FNB Life

The importance of releasing a life policy cession

Consumers who have ceded their life policies as security over debt with a financial institution should not overlook the importance of releasing the cession when the debt has been fully settled.  (more…)

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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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