The dollar helt tight on Monday as markets took stock of cautious remarks from Fed Chair Jerome Powell as they waited on a key employment report that could influence the outlook for U.S. interest rates.
MSCI’S global stock index rose on Thursday while the Dow closed at its highest level since mid-January 2022, and bond yields and the dollar gained after Federal Reserve officials sounded caution about interest rate cuts.
Payday loans are usually kept for emergencies or cash on short notice. Here’s more about this type of credit, and whether it’s a good idea (or not).
The South African rand regained lost ground on Friday against the U.S. dollar while global focus remained on conflict in the Middle East.
The U.S. dollar loiters at at an over two-month peak on Friday, on course for its sixth straight week of gains as markets await a speech from Federal Reserve Chair Jerome Powell to gauge the path of monetary policy.
Most neighborhoods have spaza shops selling snacks, airtime, or cigarettes. Are spaza shops allowed to give credit and sell alcohol?
South African Reserve Bank’s (SARB’s) Monetary Policy Committee voted to keep the interest rate at its current level on Thursday.
The South African rand retreated on Friday, bringing last week’s rally to a halt as prolonged power blackouts and expectations that the central bank will leave its main interest rate on hold.
The rand hit a new record low against the dollar on Thursday, 1 June amid concerns about South Africa’s relationship with Russia.
The rand hit a new record low against the dollar on Tuesday, 30 May morning amid concerns about South Africa’s relationship with Russia.
South African Reserve Bank’s (SARB’s) Monetary Policy Committee voted to hike interest rates in the country by 50 basis points on Thursday.
Knight Frank’s Wealth Sizing Model has revealed how much money individuals require to be among the top 1% of wealthiest in their countries.
South Africans need to start cultivating a money management mindset and become proactive when it comes to their finances
If you’re one of the fortunate few to have money left at the end of the month, which of these banks would you approach to grow your cash?
The U.S. dollar eased on Tuesday following its best rally this month against major peers as a resilient U.S. labour market bolstered the case for rate hikes.
Economists and analysts believe South Africans should brace themselves for yet another interest rate hike on Thursday, 30 March.
New World Wealth’s latest figures suggest there are roughly 3 700 homes in South Africa that are valued at over $1 million (R18 million).
Four of Africa’s top 10 wealthiest cities are in South Africa. Can you guess which cities those are – and in what order?
The African Wealth Report for 2023 shows that South Africa has lost thousands of millionaires over the last decade.
Hurun Report has published its global rich list for 2023 and has ranked 3 112 billionaires worldwide – including five from South Africa.
Economists and analysts believe South Africans should brace themselves for yet another interest rate hike later this week.
South Africa’s rand weakened against a stronger U.S. dollar on Friday, as an international financial crime watchdog added South Africa to its list of countries needing special scrutiny.
The South African rand is taking an absolute hammering in markets as a combination of global and local and issues weigh the currency down.
The validity, types and the safety around electronic signatures.
Debt can be a useful way to build wealth if it is managed carefully and wisely