Consumers should continue to be cautious with their spending despite global markets stabilising and Wall Street registering its highest gains in a single day since the darkest days of the Great Depression. 15 Oct 2008

The insurance industry is facing difficult times but the sector is not undergoing a systemic crisis, due to regulations and sound portfolio management by the majority of players. 15 Oct 2008

The current economic crunch calls for a shift in thinking on the part of financial services providers in terms of how they respond to consumer debt, says Terry Kier, Managing Director, OriginEight Financial Services. South Africans, he says, are on average spending 80% of their disposable income on debt, with the average consumer owing to eight credit providers at any one time.
15 Oct 2008

Wall Street saw its biggest one-day-surge on Monday after eight days of deep losses that took the Dow down nearly 2.400 points. 14 Oct 2008

NEW YORK, USA: The Dow Jones Industrial Average dipped more than 7% on Thursday as panic sell-off dominated markets. 10 Oct 2008

The current global economic turmoil has been cited as one of the reasons Reserve Bank Governor Tito Mboweni has left the repo rate unchanged at 12%. 10 Oct 2008

Treasury moves to inject trust, as well as liquidity, into the UK banking system. 9 Oct 2008