Cape businesses plead for rates holiday to curb coronavirus job losses

2020-03-23 17:21

Members of the Cape Chamber of Commerce & Industry are anxious about being able to afford high rents and City Council rates as the economy shrinks.

Don't rule out another rate cut in 2020 - economists

2020-01-19 11:00

The Reserve Bank's quarterly projection model signals two repo rate cuts of 25 basis points in 2020. However, this is a broad policy guideline which could change.

Unpaid municipal bills - what a landlord can do

2019-12-15 09:44

Ultimately, the payment of municipal utilities and taxes is the responsibility of the property owner, explains an attorney.

ECB cuts rates, revives QE to lift growth as Draghi era ends

2019-09-14 14:31

The European Central Bank cut interest rates further below zero and revived bond purchases after President Mario Draghi overcame critics of his stimulus policies to make a final run at reflating the euro-area economy.

Hyperinflation trauma: Zimbabweans' uneasy new dollar

2019-07-06 09:00

People in Zimbabwe are worried about what could happen if their livelihoods are tied to the country's new currency.

Reserve Bank keeps repo rate unchanged at 6.75% in unanimous decision

2019-03-28 15:15

The announcement was made by the central bank's governor Lesetja Kganyago at a media briefing in Pretoria on Thursday afternoon.

Rand makes gains on Fed's dovish comments

2019-03-21 10:15

The rand gained 1.9% against the US dollar on Wednesday, following the US Federal Reserve Bank's announcement to keep rates on hold.

The City of Johannesburg has a debt problem – and its own councillors owe it more than R1 million

2019-02-02 07:27

The City of Johannesburg now has more than R16 billion owing from residents that it does not expect to recover. Meanwhile, its own councillors owed it more than R1 million on their own consumer accounts at the end of its financial year.

Ferial Haffajee: Dear Premier Zille, how about a rates revolt in my DA-run ward?

2019-01-31 06:55

Ferial Haffajee was looking forward to seeing what the DA was going to do with Johannesburg. What followed, she says, was disappointment and dirt.


Coronavirus, oil crash could spur on two more rate cuts in 2020

2020-03-17 15:43

A rates cut might provide the stimulus needed to bolster the SA economy, but other reforms are still necessary, says an economist.

New bill to help municipalities charge owners developing property

2020-01-08 20:07

National Treasury has released a new draft law that will standardise the fees municipalities charge for new property developments.

Interest rates left unchanged despite the Reserve Bank's gloomier growth forecasts for 2020

2019-09-19 15:11

Kganyago noted that economic activity remains weak.

You can save thousands by making the new rate cut work harder for you - here's how

2019-07-18 16:02

As expected, the Reserve Bank cut interest rates by 25 basis points on Thursday.

Cape Town home owners: Here's the sweet spot for property rates

2019-04-30 12:43

If your property's new municipal value increased by less than 22%, your property rates bill could go down.

Reserve Bank expected to hold off on hiking interest rates - for now

2019-03-28 06:01

Economists expect the SA Reserve Bank's monetary policy committee to keep the repo rates unchanged at 6.75% on Thursday.

Markets tread cautiously ahead of US Fed rate decision

2019-03-20 18:39

The JSE retreated on Wednesday as it tracked other global markets lower ahead of the US Fed’s rate decision.

Producer price inflation eases to 4.1% in January

2019-02-28 13:16

Inflation for manufacturers decreased 0.8% from December 2018 to 4.1% in January 2019.

The City of Johannesburg missed its target for pothole repairs by a large margin – and its track record for rates certificates is shaky

2019-02-01 06:02

The Joburg city council definitely fell well short of its targets on repairing potholes and issuing rates certificates – but the Auditor-General can't judge by how much because of the state of its books.

Inflation falls to 4.5% for December

2019-01-23 10:06

Inflation for December moderated to 4.5%, in line with market expectations.

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