Showing posts with tag "fnb"

FNB wins most valuable financial services brand for the 3rd year with brand value up 30% to $3.5 billion

First National Bank (FNB) is the leading financial services brand in Kantar BrandZ’s Top 30 Most Valuable South African Brands 2022 for the third year in a row.

New features coming to eBucks and the FNB banking app

Banking group FNB says it will add a host of new features to eBucks and FNB Connect, including access to educational tools, more rewards partners and the addition of smart home devices to its store.

The link between the petrol price and property in South Africa

Motorists filling up with petrol on Wednesday (3 August) will have seen a welcome reduction on their bill, following record highs in preceding months.

FNB warns of revived scam targeting businesses

Financial services group FNB says that as small and medium enterprises (SMEs) increasingly migrate to digital channels, fraudsters have taken advantage of the opportunity to revive the old Advanced...

The property trend among South Africa’s middle class – despite economic pressure

The recent steep hike of 75 basis points in the South African Reserve Bank’s repurchase rate and subsequent rise in the prime lending rate to 9% is significant for consumers and the remainder of th...

The end of the five-day workweek in South Africa

Covid-19 merely sped up the longer-term trend towards greater remote working. The more interesting impact, which is still unfolding, is on office building design, as office landlords and tenants ba...

This international property trend is proving extremely profitable for investors in Cape Town right now

Two sectors significantly leading the current commercial real estate curve in South Africa are savvy redevelopments of under-utilised commercial sites and industrial property investments.

These businesses are being hardest hit by liquidations in South Africa right now

The total number of liquidations in South Africa increased by 9.8% in June 2022 compared with June 2021, new data from Statistics South Africa (Stats SA) shows.

Warning over ‘second-round’ threats to inflation in South Africa – with more rate hikes on the way

The South African Reserve Bank’s Monetary Policy Committee (MPC) surprised financial markets by delivering its biggest increase in borrowing costs in almost two decades and signaled a faster pace o...

Triple blow hits businesses in South Africa

As interest rates increase to curb rising inflation, coupled with fuel and load shedding, among other challenges – is putting pressure on the profit margins of small businesses in South Africa, say...

Big shift hitting restaurants and takeaways in South Africa

After more than two years of Covid restrictions and increased demand, South Africa’s restaurant and takeaway sectors are seeing a structural shift, says John Loos, property sector strategist at FNB.

Expect a big interest rate hike this week: economists

South African businesses and consumers should plan for a big interest rate hike this week – with more to come in the months ahead, economists warn.