Business rescue best for SuraPure - attorney

2014-04-09 19:58

Independent business rescue practitioners who will probe SuraPure Drinks will also likely aim to unfreeze the firm's bank account.

SuraPure in business rescue, court hears

2014-04-08 15:54

The hearing in which SuraPure Drinks Company Ltd was due to seek an interdict against FNB has been postponed “because the company is in business rescue”.

SuraPure heads to court

2014-04-07 21:05

Anxious investors in drinks company SuraPure will know why the company's bank account was frozen when its case is heard in the South Gauteng High Court.

SuraPure: Pyramid scheme or not?

2014-04-04 05:30

SuraPure investors who have been left out of pocket after FNB froze the firm's bank account will know by next week if the business will be permitted to continue operations.

House price growth feels inflation effect

2014-04-01 12:05

The expectation remains for some mild slowing in house price growth because the economic fundamentals supporting the residential market appear less positive.

Surprise dip in construction confidence

2014-03-26 12:00

The increase in construction work in the first quarter of 2014 did not live up to expectations, according to an FNB index.

FNB considering fingerprint ATMs

2014-03-19 08:29

Fingerprint recognition technology may make an appearance at your nearest FNB ATM soon, the bank hinted.

Rate hike to dampen property prices - FNB

2014-02-03 19:30

The housing market was gathering momentum, but the recent interest rate hike will put paid to further price increases this year, says First National Bank.

FNB hikes prime rate to 9%

2014-01-29 17:23

First National Bank was the first of the big four banks to announce that it is increasing its prime lending rate to 9.0% following a surprise rate hike by the Reserve Bank.

More home owners selling to upgrade

2014-01-27 14:11

There has been a noticeable increase in people selling their property to upgrade to a better home, especially in low-income areas, says an expert.

Construction sector on the mend

2014-01-22 12:00

Tendering price competition in the construction industry is at its lowest level since mid-2007, according to the latest FNB/BER construction confidence index.

Residential property defies weak economy

2014-01-14 12:50

With anticipated house price growth just shy of 5%, the residential property market seems to fly in the face of a slow economy, according to a survey.

House prices trend upwards

2014-01-07 15:00

The FNB House Price Index indicates that the average house price for 2013 rose by 6.8% over the average price for 2012.

Security fear limits online banking - survey

2013-12-03 14:31

Despite the widespread use of online banking applications, a security company says that the risk posed by malware puts more users off using the service.

FNB offers new iPhone, relaxes rules

2013-11-20 11:00

The launch of the latest iPhone has been the impetus for First National Bank to amend its rules on the number of devices a customer can order.

Consumer confidence remains at low

2013-11-18 13:21

Even more consumers now expect SA's economy to worsen over the next 12 months, according to a consumer confidence index.

Affordable housing in great demand

2013-11-11 11:32

A million homes are still needed in the affordable housing sector with only 20 000 units developed a year on average, says an industry expert.

Fighting fraud with facts, awareness

2013-11-03 14:25

More than 900 organisations globally will promote anti-fraud awareness and prevention campaigns as International Fraud Awareness Week starts.

Customers can relax, despite banking security breach

2013-10-18 09:31

Banking customers should not be too concerned about the breach in security that saw the institutions lose millions to an international card fraud syndicate.

FNB, Paperight crowned innovation masters

2013-10-11 12:32

First National Bank and Paperight have won accolades for innovative ideas and concepts Accenture's 2013 Innovation Index.

FNB offering Samsung Galaxy Note 3

2013-10-01 17:29

First National Bank has added the much anticipated Samsung Galaxy Note 3 to its Smart Device offering.

Lack of SA skills leads to cyber attack risk - firm

2013-09-27 10:46

A lack of skills in the computer security sector doesn't bode well for South African companies to protect themselves from cyber attacks, a security company has asserted.

Significant shift in home loans market

2013-09-26 13:21

Although fewer small business owners apply for home loans, their average bond size is over 40% more than their salaried counterparts, a report shows.

Building industry loses some steam

2013-09-17 12:10

The recovery in the building activity is likely to be modest given the headwinds confronting the sector, according to a building confidence index.

Housing affordability levels settle - FNB

2013-09-12 12:09

The "affordability levels" of houses appear to have settled back to what they were around 2003 and 2004, an FNB survey shows.


Cautious optimism about house price growth

2014-04-09 16:57

When asking estate agents for the factors influencing their near term expectations, interest rates were by far the most common, shows a survey.

Tech driving new SA banking strategy

2014-04-08 11:32

The line between financial institutions and retailers is becoming thin as banks go on the charm offensive with technology rewards as a way to appeal to customers.

Rest of Africa buying more homes in SA

2014-04-04 12:24

More foreign buyers of residential property in SA are estimated to be from elsewhere in Africa and they especially like Gauteng, according to a survey.

Consumer confidence near decade low

2014-04-02 17:20

Consumer confidence levels remain at a low and spending is expected to continue to grow at a pedestrian pace, says an economist.

Households credit wary amid rate hike fears

2014-03-31 11:49

SA households are trying to reduce their vulnerability to future interest rate hikes by keeping their credit growth more in check, says an expert.

Insolvencies are on the rise again

2014-03-24 19:55

Very little progress has been made in reducing the household debt-to-disposable income ratio, warns an expert.

Small businesses highly vulnerable - FNB

2014-02-12 11:15

The sluggish economy is likely to impede potential growth of small businesses, yet a loan is not always the only option in tough times, says an expert.

Slowdown in unsecured credit balances

2014-01-30 16:02

Growth in the value of household unsecured credit balances - general loans and advances, credit card debt and overdrafts - dropped further at the end of December.

How weak rand impacts residential property

2014-01-29 10:33

The question repeatedly asked at the moment is whether now is the time to buy a residential property, either for an own residence or for letting purposes.

Homes to become less affordable - expert

2014-01-23 12:08

After six years of improving residential property affordability, 2014 could be a year in which home ownership becomes more of a challenge, says an expert.

Keep your business afloat in tough times

2014-01-16 11:07

An expert gives pointers on how to position your business for long-term profit in today's poor economic climate.

Create an innovative climate for businesses

2014-01-08 18:07

An economist says the uncertain economic climate in South Africa is set to continue and some businesses may find it difficult to flourish.

SA Christmas gifting habits revealed

2013-12-09 11:45

An online survey has found that South Africans are going to spend this holiday season, despite a tough economy.

Business excellence awards

2013-11-24 17:27

The winners of the 2013 FNB Business Excellence Awards were announced at a gala held in Johannesburg.

Wallet nightmare: Which bank scores best

2013-11-19 07:14

How would your bank react if you suddenly find yourself without your bank cards? Adriaan Kruger canvassed a few banks to find out.

New iPhone launches in SA

2013-11-15 08:02

The latest iPhone models launched in South Africa with a price to reflect the brand's premium status.

Most home owners sell to downscale - survey

2013-11-06 16:06

SA’s ageing middle- to upper-income classes remain the most important driver of residential selling, according to the latest FNB Estate Agent Survey.

CEOs choose FNB's Jordaan as top leader

2013-10-30 11:25

Michael Jordaan, CEO of FNB and business tycoon Cyril Ramaphosa are among those honoured in this year's Sunday Times Top 100 Companies Awards.

CEOs wrong on smart machines replacing jobs - Gartner

2013-10-14 09:20

The majority of CEOs do not believe that smart devices will replace jobs, according to a survey on the industry.

Construction activity slows unexpectedly

2013-10-03 12:15

Industrial action likely weighed on construction activity during the third quarter, according to the latest construction confidence index.

FNB CEO joins Mxit board to drive innovation

2013-09-30 09:10

Mxit has announced that outgoing First National Bank CEO Michael Jordaan has joined its board.

Financial security critical in online banking, says FNB

2013-09-26 14:00

Financial security in an online environment is critical, especially as smart devices make their presence felt in the market, a retail bank has said.

Cash back on your parking bill

2013-09-26 07:31

First National Bank is slashing parking bills for its clients by 10% at OR Tambo, King Shaka, Cape Town and Lanseria International Airport.

E-commerce growth will 'catch up' to traditional buying

2013-09-13 08:41

While e-commerce is growing fast in South Africa, it will take some time for the platform to overtake traditional sales, an industry expert has said.

FNB eBucks deal to expand rewards programme

2013-09-12 08:00

The First National Bank and Shoprite Holdings reward programme partnership is intended to expand loyalty programmes to a wider audience, the bank said.

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