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Three franchising trends to look out for in 2019

Three franchising trends to look out for in 2019

29/01/2019 - 10:03
A recent survey conducted by the Franchise Association of South Africa (FASA) revealed that the franchising industry has grown from contributing 13,3 percent to the South African Gross Domestic Product (GDP) in 2017 to its current figure of 15,7 percent despite the tough economic climate and its impact on franchises. read more
 Franchises can still cash in, despite turbulent times

Franchises can still cash in, despite turbulent times

23/11/2017 - 09:12
Despite South Africa’s tough economic conditions, franchising businesses are still flourishing. read more
Consumer confidence plummets in fourth quarter as household income stalls

Consumer confidence plummets in fourth quarter as household income stalls

19/01/2017 - 14:38
The FNB/BER Consumer Confidence Index (CCI) slumped to -10 in the fourth quarter of 2016. read more
 Risk of rising retail vacancy rate

Risk of rising retail vacancy rate

15/07/2016 - 11:34
Cape Town - The risk of rising retail vacancy rates has been on the increase early in 2016 despite solid real retail sales growth rate of 3% year-on-year for the first four months of the year, according to John Loos, household and property sector strategist at FNB. read more
Hardware retailers lead drop in building confidence

Hardware retailers lead drop in building confidence

09/06/2016 - 12:13
Hardware retailers led a fall in building confidence, a quarterly poll by Stellenbosch University’s Bureau for Economic Research (BER) reported on Thursday. read more
Eskom hits back at Gupta-owned Optimum coal theories

Eskom hits back at Gupta-owned Optimum coal theories

18/04/2016 - 14:03
Cape Town – Eskom said on Sunday that it would not increase the price it pays for Gupta-owned Optimum's coal in order to promote black economic empowerment. read more
Consumer confidence up, but outlook is bleak

Consumer confidence up, but outlook is bleak

13/04/2016 - 09:10
Johannesburg - South Africa’s consumer confidence index (CPI) recovered from almost 14-year lows in the first quarter, but remained in negative territory as the economic growth outlook remained bleak, a survey showed yesterday (12 April). read more
Obstacles loom for SA economy

Obstacles loom for SA economy

08/04/2016 - 09:31
Johannesburg - South Africa's economy has shown signs of picking up in the past two months, data showed on Thursday, but analysts say global economic weakness and domestic political tension could make the reprieve short-lived. read more
Another major SA bank closes its doors to Gupta company

Another major SA bank closes its doors to Gupta company

07/04/2016 - 09:32
First National Bank is the latest company to close its accounts with Gupta-owned investment company, Oakbay, amid a scandal over its relationship with President Jacob Zuma, and allegations of an attempted state capture by the Indian family. read more
Milk prices may rise as farmers struggle

Milk prices may rise as farmers struggle

06/04/2016 - 10:37
Johannesburg - As consumers continue to grapple with high food prices triggered by the recent drought and the ailing economy, milk will soon be added to their list of costly staple foods. read more
Why South Africa will enter recession this year

Why South Africa will enter recession this year

03/03/2016 - 10:26
Economist Cees Bruggemans says that leading economic indicators already point to a recession in certain sectors in South Africa. read more
Three more interest rate hikes coming in 2016: analyst

Three more interest rate hikes coming in 2016: analyst

03/03/2016 - 08:57
South Africa’s challenges are now, more than ever, homegrown, Jason Muscat, FNB senior industry analyst at FNB, said in reaction to the latest gross domestic product (GDP) data released on Tuesday (1 March). read more
Further deterioration of GDP growth likely - economist

Further deterioration of GDP growth likely - economist

02/03/2016 - 09:11
Cape Town - Year-on-year (y/y) gross domestic product (GDP) growth in South Africa will likely deteriorate further in the next quarter or two at least, John Loos, household and property sector strategist at FNB Home Loans, warned on Tuesday (1 March). read more
10 reasons why the Budget Speech is important for your business

10 reasons why the Budget Speech is important for your business

24/02/2016 - 11:23
As the domestic economy continues to contract, Finance Minister, Pravin Gordhan has tough decisions to make while curbing spending, accommodating the drought-stricken agricultural sector, and ensuring that small businesses continue to grow. read more
Expect another rate hike in March: economists

Expect another rate hike in March: economists

18/02/2016 - 15:44
After gloomy inflation data released on Wednesday (16 Feb), economists are warning that an interest rate hike could be on the cards in March. read more
Pick n Pay hits five-month low

Pick n Pay hits five-month low

05/10/2015 - 09:11
Johannesburg - Pick n Pay Stores fell the most in more than five months after warning that trading conditions remain difficult and first-half earnings rose less than analysts had expected.  read more
South Africa’s most valuable brands

South Africa’s most valuable brands

17/09/2015 - 10:03
Banks and mobile operators feature predominantly among the top rated brands in South Africa. read more
No expectation of quarterly GDP rise

No expectation of quarterly GDP rise

25/08/2015 - 10:04
This week sees the release of several important local economic data including gross domestic product (GDP), mining output, and producer inflation. read more
Sarb stuck between a rock and a hard place

Sarb stuck between a rock and a hard place

20/07/2015 - 09:31
Johannesburg - The SA Reserve Bank’s mandate is to achieve and maintain price stability. This is because price stability is a necessary condition for the balanced and sustainable economic growth that South Africa requires, according to Sizwe Nxedlana, chief economist at FNB. read more
Economic outlook weighing on consumers’ confidence

Economic outlook weighing on consumers’ confidence

07/05/2015 - 12:45
Consumer confidence plummeted in the first quarter of this year, suggesting that consumers were less eager to spend despite lower inflation and slower rises in food prices. read more
No growth boost from retail sales

No growth boost from retail sales

19/03/2015 - 11:34
Retail sales increased last month but at a slower pace than over the past three months, indicating that spending by consumers is modest and not significantly supportive of economic growth. read more
Growth in retail sales slows slightly in August

Growth in retail sales slows slightly in August

20/10/2014 - 11:54
Growth in retail trade sales slowed in August, reflecting weak consumer confidence and slower spending growth by households. read more
Consumers face up to gloomy prospects

Consumers face up to gloomy prospects

06/10/2014 - 13:25
Consumer confidence fell in the third quarter as consumers became less optimistic about SA’s economic growth prospects and their own finances, which are being weighed on by rising interest rates and high inflation. read more
Consumer confidence deteriorates

Consumer confidence deteriorates

03/10/2014 - 10:40
Johannesburg - Consumer confidence remains considerably higher compared to the very low CCI levels recorded during the second half of 2013 and in the first quarter of 2014, according to the latest FNB/BER consumer confidence index (CCI). read more
Future banking trends in SA

Future banking trends in SA

22/07/2014 - 14:53
The introduction of banking apps, cashless payments and futuristic bank branches over the past ten years have pointed to a shift in banking from bricks to clicks. read more
SA consumer confidence rises to its highest level in two-and-a-half years

SA consumer confidence rises to its highest level in two-and-a-half years

03/07/2014 - 11:12
Consumer confidence rose unexpectedly in the second quarter supported by a firmer rand over the period, a petrol price decrease between April and June, unchanged interest rates in May and a peaceful general election on May 7. read more
Spending 20% higher in December - FNB

Spending 20% higher in December - FNB

18/12/2013 - 09:25
Johannesburg - People banking at FNB spend about 20% more in December than the rest of the year, the bank has said. read more
More improvement for household debt - FNB

More improvement for household debt - FNB

13/12/2011 - 09:35
Household debt-service looks to have improved according to FNB's Household Debt-Service Risk Index which has found that the third quarter has seen a mild decline to a level of 6.03 from a previous quarter's index level of 6.10 (on a scale of 1 to 10). read more