Finance

Market insights – higher repo rate

With the inflation outlook deteriorating since the previous Monetary Policy Committee meeting – with the headline inflation rate again breaching the upper limit of the 4-6% target for the second consecutive month at 7.4% in June 2022, it was inevitable that a decision would be taken to further increase the repo rate, the question was simply by how much....

Buy-to-let activity shifting upmarket

Buy-to-let activity is on the rise once more as investors start to explore a whole new tenant demographic, says Berry Everitt, CEO of the Chas Everitt International property group. He notes that according to FNB senior economist Siphamandla Mkhwanazi, buy-to-let property purchases accounted for 11% of all home purchases in the first quarter of this year, up from 10% in the same period of 2021, despite...

11 ways to stretch your household budget

These days it seems like everyone is looking at ways to stretch their budget just a little more and even more so as a homeowner. Luckily there are a few things you can do to make your budget stretch a little further without having to make radical changes - little changes, when combined, makes for big saving each month. Here are 11 things you can start doing today to lower your bills, secure better...

Tired of load shedding? Get your home ready for solar

From 1 July, you will be paying upwards of 15% more for your electricity, as municipal tariff increases kick in. Yet energy experts have cautioned that, without urgent intervention from the government and others, we will see load shedding intensify with Stages 6, 8, and even 10 a likelihood. Understandably, homeowners are considering alternative ways to keep the lights on....

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