News Search

South Africa is unlikely to have growth above 1.5% in the next two years, the Reserve Bank said on Wednesday.

Outstanding credit balances in the South African household sector increased by 3,4% year-on-year (y/y) to R1 520,2 billion in the period January to August  2017.

Thursday, 21 September 2017 22:37

Repo rate remains unchanged at 6.75%

The repo rate will remain unchanged at 6.75% per annum, Reserve Bank Governor Lesetja Kganyago said on Thursday.

Thursday, 21 September 2017 22:22

John Loos comments on the unchanged Repo Rate

SARB leaves Repo Rate unchanged after only 1 x 25 basis point cut in the current cutting cycle. Weak consumer confidence likely to remain, and shift to a more cautious consumer expected to continue says John Loos, Household and Property Sector Strategist.

After declining by 11 points in 2Q2017, the FNB/BER Building Confidence Index improved by 3 index points to 35 in 3Q2017.

2nd Quarter 2017 SARB New Mortgage Lending data, released in the latest SARB Quarterly Bulletin, showed a renewed slowing in the year-on-year growth rate into negative territory in the 2nd quarter, after a briefly positive growth rate in the 1st quarter of 2017.

Friday, 15 September 2017 14:59

SA's current account deficit widens

South Africa’s current account deficit widened to 2.4% in the second quarter of 2017, the Reserve Bank said on Thursday.

Second quarter statistics (Q2 2017) from ooba, South Africa’s leading bond originator, show nominal positive growth year-on-year of 3.6% in the Average House Purchase Price.

The Reserve Bank’s Monetary Policy Committee (MPC) on Thursday reduced the repo rate by 25 basis points to 6.75%.

Ongoing subdued household credit and mortgage balances growth.

Page 1 of 6

Most Popular

ADvTech Properties to expand asset base to R6bn by 2022

Sep 26, 2017
Vongani Mbhokota
The properties division of JSE-listed ADvTECH, Africa’s leading private education…

Esther Mahlangu attends the grand opening of Phola Mall

Sep 29, 2017
Phola Mall Grand Opening
Month-end saw the grand opening of Phola Mall, the first fully enclosed regional shopping…

Attacq recognised for top performance in industrial and office property sectors

Sep 26, 2017
Attacq Group
Attacq has once again been bestowed top honours for exceptional performance in the MSCI…

Redefine Properties advocates new concept in office development

Sep 29, 2017
Pybus
JSE-listed, internationally diversified real estate investment trust Redefine Properties…

Outstanding credit balances in the South African household sector increased by 3,4% year-on-year

Sep 29, 2017
Jacques Du Toit Absa Hoam Loans
Outstanding credit balances in the South African household sector increased by 3,4%…