Showing posts with tag "absa"

You are paying a lot less for petrol in South Africa right now – with more cuts on the way

Reprieve at petrol stations may be a constant for the rest of the year according to economists.

These 4 graphs show how South Africans are getting poorer

South Africans are taking home less each month, while the cost of fundamentals like food, fuel and electricity keep climbing.

Economists on why the rand is so undervalued right now

The latest update to The Economist’s Big Mac Index shows that South Africa’s currency is one of the most undervalued in the world.

Here’s what R1 million for a bakkie buys you right now

South Africans love a bakkie – and why shouldn’t we, it’s the perfect vehicle for our roads and terrain. The Toyota Hilux and Ford Ranger are among the best-selling passenger vehicles in the countr...

South Africa’s rand is undervalued for now

Andre Cilliers, a currency strategist at TreasuryONE, says that despite a weakening of the rand in recent sessions, it still remains undervalued.

The biggest banks in South Africa in 2022

The Banker has published its annual ranking of the 1,000 biggest banks in the world, as measured by their level of tier 1 capital – with seven South African banks making the list in 2022.

Absa overhauls executive to diversify management

Absa Group, South Africa’s third-biggest bank, announced sweeping changes to its executive committee after facing criticism over the lack of diversity within its management structure.

The cheapest and most expensive credit accounts in South Africa

African International News Magazine compares the available credit card accounts from some of South Africa’s biggest banks.

Absa sees positive growth in first half of 2022

Absa has published a trading update for the five months ended 31 May, with the group seeing positive growth in both revenue and customer numbers.

South Africans are paying more for cars in right now – here’s what R500,000 to R600,000 buys you

A recent report from Absa and Naamsa reveals how much South Africans are asking for to purchase a new or used vehicle in 2022.

Some good news for businesses in South Africa

Recent data published by Statistics South Africa indicates a positive first quarter for businesses as liquidations are lower than previously recorded.

Hollard Insurance boss steps down to join family in Ireland

The Hollard Insurance Group says that Willie Lategan, former group chief financial officer and currently CEO of Hollard’s short-term insurance arm, will take over from Saks Ntombela as Hollard Grou...