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Mobility 2009 reveals SA's cellular gapThe South African cellular market reached a milestone of 50-million connections at the end of 2008 - but only 68% of these represented individual users. This is according to World Wide Worx 2009 annual Mobility study, released yesterday 2 July 2009. 3 Jul 2009 11:00 ATM users warned of hoax e-mailAn e-mail advising ATM users to type in their PIN codes in reverse to alert police to criminal activity was a hoax, the SA Banking Risk Information Centre (Sabric) warned on Wednesday, 1 July 2009. 2 Jul 2009 12:42 Repo rate remains unchanged[Neo Semono] South Africans will be disappointed that the streak of interest rate cuts over the past few months has come to an end, with the South African Reserve Bank (SARB) announcing that the repo rate will remain unchanged. 26 Jun 2009 12:12 FNB Insurance Brokers appoints new CEO
Economists predict repo rate cut[Neo Semono] Economists predict the South African Reserve Bank (SARB)'s Monetary Policy Committee (MPC) is likely to announce a 50 basis point cut in the repo rate, when it meets this week. 23 Jun 2009 11:29 South Africa's current account deficit widensSouth Africa's current account deficit has widened, the South African Reserve Bank announced on Thursday, 18 June 2009. 18 Jun 2009 16:59 Capitec offers lowest bank charges - survey
Interest rate cuts may not prompt swift recoveryThe downward trend in interest rates, which are at 2006 levels, is expected to have a muted effect on the property market as a result of economic challenges. 3 Jun 2009 12:30 Repo rate slashed by 100 basis pointsCash strapped consumers have been given another reprieve - the Reserve Bank's Monetary Policy Committee (MPC) has reduced the repo rate by a further 100 basis points. 29 May 2009 11:14 Banks obstructing debt review processSouth Africa's major banks are deliberately obstructing the debt review process, the National Credit Regulator (NCR) said on Wednesday, 27 May 2009. 28 May 2009 12:41 Economy expected to improve in second half[Neo Semono] South Africans can take comfort in the fact that despite the current recession, the economy is forecast to improve in the second half of the year. 27 May 2009 12:41 Micro-financers record huge growth despite economic downswingThe implementation of the National Credit Act (NCA) two years ago and the current economic downturn have together resulted in a lack of liquidity in the financial markets, with most banks limiting revolving credit, overdrafts and access bonds. Under these constraints, many former bank clients have turned to micro-lenders for their various financial needs, the most common one being emergency expenses. 26 May 2009 13:46 Beware when buying insurance at point of saleThe Ombudsman for Short-Term Insurance cautions consumers not to be pressurised into purchasing an insurance product at point of sale, as often these products do not meet consumers needs and are sometimes more costly than anticipated. 26 May 2009 13:02 | Weather   Other industry news
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FNB Insurance Brokers on Tuesday, 23 June 2009, announced the appointment of Johan Nagel as its new chief executive. 
Independent research by leading local financial website, ThinkMoney, has confirmed that Capitec Bank offers South Africa's lowest bank charges. 
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