Tag: FNB

When it comes to creating the financial future you want, investing in the stock market is a proven method that has been tried and tested by millions of investors over many years. Of course, for anyone starting out on their investment journey, the myriad options available, both locally and internationally, can be more than a little intimidating.

Design thinking (DT) is transforming the way companies create value. But what is DT?

Receiving a bonus is an exciting event and a time for celebration to recognise the hard work you put in throughout the year. Bonuses also provide us with an opportunity to achieve our financial goals. When we think about spending the money, we need to do so responsibly.

November marks the start of seasonal spending, with consumers looking for Black Friday and Cyber Monday deals. While this is an exciting time of year, it is equally critical for customers to be vigilant when shopping to avoid falling victim to fraudsters.

Family-owned businesses make up a significant portion of all businesses registered and operating in South Africa. In fact, family-owned businesses are today recognised as vital participants in, and contributors to, the country’s economy.

Interest rates have gone up several times in the last few months in South Africa, and it looks like they will keep rising for the foreseeable future. So, this begs the question: what are interest rates, why are they rising, and how do they affect you?

On the back of COVID-19, and the widespread financial difficulties that many people experienced as a result of two years of lockdowns, some South African employees opted to resign from their jobs in order to access their retirement savings. 

By 2030, Bloomberg expects artificial intelligence (AI) will account for as much as $15.7 trillion of the world economy. Of that figure, an estimated $6.6 trillion will come from businesses’ ability to be more efficient via automation and freeing their workforces to work on other tasks.

It’s that time again, early in the new year, when we are speculating as to what 2022 may hold, in this case for the property part of the South African economy. In a still-weak, albeit improved, economy with rising interest rates, property market fireworks don’t appear to be on the cards this year.

In the current economic environment, businesses are keen to reduce debt by paying down their commercial loans. While this is a facility that banks offer their clients, there are valid reasons to pay off a commercial property loan early - many clients unwittingly do so for the wrong reasons and to their own detriment.