2022 Banking fees compared: Capitec vs FNB vs Nedbank vs Absa vs Standard Bank

The Solidarity Research Institute (SRI) has published its latest Banking Charges report, showing how pricing at South Africa’s biggest banks compares, based on different user profiles.

Investec to offer clients solar power financing

Investec plans to offer its private banking clients funding to install solar panels and battery storage systems in homes, bolstering its own green credentials and providing a power solution in a country regularly hit by electricity outages.

Businesses in this one South African metro are suffering more than in other areas

Fourth-quarter data from the FNB Commercial Property Broker Survey, which surveys a sample of commercial property brokers in the six major metros of South Africa, shows that the financial pressure on businesses continues to ease, but remains elevated when compared to pre-lockdown levels.

Nedbank’s forecasts for the rand in 2022

The rand has stabilised somewhat in early 2022 after two months of relatively sharp depreciation, but is set to face more turbulence in 2022, says Nedbank.

Capitec co-founder and CFO retires

Capitec has announced that one of its co-founders and chief financial officer, André du Plessis, will retire from the group effective 30 June 2022.

13 jobs in South Africa that pay over R1.5 million in 2022

Specialist professional recruitment firm Robert Walters has published its annual salary survey for 2022, showing what skilled professionals in South Africa can expect to earn in 2022.

4 charts show some of Bitcoin’s potential trouble spots

Bitcoin is down about 40% from its November record and there is increasing evidence the decline may not be done yet.

Interest rate hike warning for South Africa

South Africa is likely to see at least three interest rate hikes in 2022 as the South African Reserve Bank (SARB) has indicated that it will begin unwinding its accommodative monetary policy stance, say economists at Momentum Investments.

Why 2022 could be a more difficult year for South Africa: economists

Ongoing concerns around the Omicron variant, electricity supply constraints, a poor jobs outlook, and material fiscal constraints, do not set South Africa’s expected economic growth recovery on a good path, says Sanisha Packirisamy, economist at Momentum Investments.

The average cost of app banking fraud in South Africa per transaction

Cybercrime numbers are on the up, and South Africans are not immune from this growing threat.

Compelling ways to diversify and grow your retirement ‘pot’

The retirement landscape has changed significantly over the past few decades. For one, medical advances mean that, on average, people are living longer. That means we need to have more capital to invest at retirement to secure an income for the remainder of our lives.

10 ways to prevent becoming a cyber crime statistic

Cybercrime doesn’t take a holiday.