ANALYSIS | How banks were battered in 2019

2020-03-15 12:34

The Big Four banks grew earnings by 2.1% in the 2019 financial year, noticeably below the 8.7% they achieved in 2018.

We'll find growth in SA, says FNB CEO as customers struggle

2020-03-11 10:33

As transactional revenues come under pressure, another big area of growth for FNB will be insurance and investment revenues as customers are shopping around for better prices.

SA average house price growth dips in 2019

2020-01-15 11:07

The latest FNB House Price Index shows that pressure persists in more affluent areas, while low-income areas have remained resilient.

Consumers win as disruptors force banks to lower fees

2019-12-03 17:11

According to Solidarity’s 10th annual bank charges report released on Tuesday, banks are now offering better benefits to their customers at lower prices to protect their market share, following fierce competition launched in the banking sector this year.

Court stops banking strike, Cosatu warns workers shouldn't risk their jobs by staying away

2019-09-26 10:12

Banking union Sasbo has been interdicted from proceeding with what would have been the biggest banking strike in 99 years.

No place for 'you can't' or 'you girls' in entrepreneur Lynette Ntuli's journey

2019-09-01 10:36

Lynette Ntuli is the founding director and CEO of Innate Investment Solutions, which provides property and infrastructure development services as well as enterprise asset management solutions.

What is happening to house price growth in Cape Town suburbs?

2019-08-18 19:45

FNB economist Siphamandla Mkhwanazi breaks down the sub-regional data for Cape Town suburbs in terms of house price growth.

The hunt for ‘realistic car fuel consumption figures’ – financial powerhouses to conduct fuel economy tour in SA

2019-08-07 11:38

Financial powerhouses WesBank and First National Bank (FNB) are joining forces to to conduct a Fuel Economy Tour of South Africa that they say "will provide motorists with definitive fuel consumption figures."

Concerns for retail property sector - survey

2019-08-02 18:40

Consumer spending can likely not be the driving force anymore of the outperformance of retail property over industrial property and office space, says John Loos of FNB Commercial Property Finance.

Why South Africans are selling residential property

2019-07-03 10:50

The percentage of residential properties being sold in SA because the owners are downscaling due to financial pressure, has increased, says FNB.


Manufacturing contracts for 8th straight month, but mining sees surprise jump

2020-03-12 14:43

The market expected a slowdown in mining production but it surprised on the upside, increasing by 7.5% year-on-year in January 2020 as iron ore production surged 27.9% and platinum group metals production increased by 10.2%.

Two big factors putting pressure on SA commercial property - economist

2020-01-25 18:00

With the SA economy expected to grow at less than 1%, this would be insufficient to curb an increase in the vacancy rate of commercial property and to prop up real property values at recent levels, according to John Loos, property sector strategist at FNB.

SA's banks: What to watch out for in 2020 as digital rivalries ramp up

2019-12-27 13:23

First it was price. But now banks want to outdo their peers in digital capabilities.

FNB could become a Chinese takeover target – but not any time soon

2019-11-21 17:52

A RMB Holdings and Remgro announcement opened the door for a suitor.

Court can stop bank strike on Wednesday

2019-09-23 15:36

Business Unity South Africa, representing SA's major banks, has filed a court application to interdict a planned bank strike.

What women entrepreneurs want

2019-08-29 21:16

Research indicates that women entrepreneurs are looking for platforms and places to connect with markets, and with each other on a business-to-business level.

Emigration sales intensify in Cape Town, foreign buyers play less prominent role - index

2019-08-17 07:15

Emigration sales have intensified in Cape Town and foreign buyers play a less prominent role in the Mother City's residential property market, FNB research shows.

Buy-to-let sales recover steadily along coast, decline continues inland

2019-08-04 17:52

Buy-to-let home buying is stabilising, although at lower levels, according to the latest FNB Estate Agent Survey for the second quarter of 2019.

FNB investigating Mkhwebane's personal bank account - report

2019-08-02 13:47

Public Protector Busisiwe Mkhwebane's personal bank account is currently under investigation by First National Bank for possible exchange control violations.

Property market picks up after election, but not enough

2019-07-02 20:59

Activity in the residential property market has picked up after the elections, although not enough to counteract the decline in the months before, according to the FNB Property Barometer.

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