During the first half of 2023, 32% of mortgages were granted to subprime and near prime consumers, and this ratio increased to 36% of mortgages being granted to below prime risk tiers during the first ...

FNB Islamic Banking has been awarded the Best Islamic Banking Window for the eighth consecutive year at the 14th annual ...

Young individuals, who are in the process of accumulating wealth and typically do not have substantial savings, especially ...

Digitalisation and technological advancements have continued to transform the insurance and reinsurance sectors. As part of this, the industry has looked to find new ways to exploit the huge volumes ...

Allianz unveiled the 15th edition of its “ Global Wealth Report ”, which puts the asset and debt situation of households in ...

However, the risk with a bigger cut is that it is interpreted as a sign of panic. The Fed has traditionally only cut by more ...

Fraudsters are nothing new in the retirement fund industry. The Two-Pot System has recently been introduced and it allows members to withdraw a portion of their retirement savings while still being ...

While local vehicle manufacturers have experienced a downturn in sales and exports this year, financing companies like Standard Bank Vehicle Finance have reportedly seen a surge in demand for the ...

DataEQ has published the 2024 South African Insurance Sentiment Index, revealing consumer perceptions towards 15 of the ...

Example 1: You insure your household contents for R250,000, but the replacement value is R500,000, leaving you 50% ...

Old Mutual confirms that customers are now able to submit withdrawal applications via the Old Mutual Channel on WhatsApp. This follows a decision by Old Mutual to move the date earlier than the 23 ...