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Managing our money is the festive season is a must due to recent financial studies . Making more people aware of what they are spending .
30 August 2016
Which Way To Pay
With the festive season quickly approaching , recent studies have alarmed many people stating the levels people go to financially .
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Make the most out of savings accounts now , as the rates are set to rocket in the next few days.
08 August 2015
Which Way To Pay
As the rates have been rock bottom for a while , this is now the time to get the most from the savings accounts available as the rates are on the up.
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The South African rand is on the up , due to us housing and employment.
22 April 2015
Which Way To Pay
Due to recent weakening of the us Housing and job market, the South African rand sure has strengthen.
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Payday Loan lenders not always sticking to their promises
07 October 2014
Which Way To Pay
Consumers under more pressure surrounding tightened rules with Payday Loan Lenders.
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Access to personal loans on the rise and people borrowing at a high
21 January 2014
Which Way To Pay
Financial advisers warn that households are overburdened with debt with more people borrowing personal loans at a high
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Investec to offer mortgages, car loans and credit cards as they undertake review of sales
05 December 2013
Which Way To Pay
Investec undertake review of sales and plan to offer more loans including car loans and credit cards.
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There is no credit bubble in the wake of the recession says payday loan leader
29 October 2013
Which Way To Pay
Unsecured loans are key to South Africa’s economic growth, creating new jobs for South Africans.
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Limited room to cut interest rates slows demand for credit
12 September 2013
Which Way To Pay
Limited room to cut interest rates results in the decrease in demand for private sector credit to spur economic growth
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Update on the currencies: Rand declines and weakens against the pound
03 September 2013
Which Way To Pay
The South African Rand has weakened against the pound and for the first time in three days has declined against the US Dollar.
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Increase in malicious emails disguised as official bank messages could affect your credit report
19 August 2013
Which Way To Pay
Fraudsters are becoming less likely to wait for users to enter their own data and instead send out malicious emails.
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Gold prices increase and push up international reserves
12 August 2013
Which Way To Pay
First upward movement in gold prices since the beginning of the year results in gross international reserves up.
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Absa warns demand for credit stays weak.
06 August 2013
Which Way To Pay
Loan income will stay under pressure for the country’s third largest bank as demand for credit stays weak.
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South Africans need to change mindset and attitude towards debt and saving
03 August 2013
Which Way You Pay
Many South African consumers do not know how to save which is having an adverse effect to the number of South Africans in debt.
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The South African Reserve Bank leaves the repo rate unchanged at 5.0%
30 July 2013
Which Way To Pay
The SARB opted to leave the Repo rate unchanged today, in line with market expectations. The prime interest rate remains unchanged at 8.5%.
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Hisense opens factory north of Cape Town
09 June 2013 11:40
Mark Maffia
The Chinese manufacturer of consumer electronics Hisense opened a factory worth R350 Million in Atlantis on Thursday. Already in February they had started to produce refrigerators and flat-screen TVs on the site. This created 300 jobs for people living in the area
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South Africa gets Datsun back
25 February 2013
Mark Maffia
Nissan announced that Datsun will come back to South Africa
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Rand: Slight recovery this morning.
24 January 2013
James Larkin
Rand: Slight recovery this morning
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South Africa Vehicle Sales Rise At Slowest Pace In Over 2 Years
02 October 2012 16:00
Which Way to Pay
According to the Pretoria-based National Association of Automobile Manufacturers of South Africa, South African vehicle sales increased at their slowest pace in two and a half years. The results were due to mine and transportation strikes which weakened consumer and business confidence.
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IMF Say South Africa’s Economic Growth Will Slow
23 August 2012 17:00
Which Way to Pay
The International Monetary Fund has said South Africa’s economic growth is likely to slow in 2012 because of weak external conditions and global uncertainty. The IMF said growth in Africa’s biggest economy will likely reach just 2.6% in 2012, cutting its forecasts from the 2.7% seen in May.
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South Africa Manufacturing Growth Slows
09 August 2012 11:00am
Florence Fullalove
According to Statistics South Africa, South African manufacturing growth slowed more than expected in June as a global economic dip halted demands for exports. What next then for Africa’s biggest economy?
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South Africa Among Slowest Growing Markets
31 July 2012 18:00
Lucy Williams
Reports have showed that South Africa is amongst the ten slowest growing markets in Africa, a disappointing statistic for the South African economy.
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Opposition Says South Africa Needs Change
27 July 2012 17:00
Phoebe Robinson
South Africa’s growth forecast has been cut by the World Bank. The cut from 3.1% to 2.5% this year was accompanied by a stark warning that the economy could be tipped into recession if the eurozone crisis intensifies. It also reflects the failing attempts of the South African economy to keep up with many of their developing peers.


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Predictions For South African Economic Growth Cut
24 July 2012 19:00
Lucy Williams
Growth forecasts for the South African economy have been slashed by the World Bank which initially predicted growth of 3.1 percent for Africa’s largest economy.
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South Africa Finally Cuts Rates
20 July 2012 17:00
Phoebe Robinson
South Africa has finally made the decision and the monetary policy makers have cut interest rates by 50 basis points. Though it comes as a bit of a shock the majority of analysts are showing concerns about the growth prospects of South Africa’s economy.
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South African Economy Expected To Feel Effects Of Global Economy Crisis
17 July 2012 18:00
Lucy Williams
The South African economy is bound to begin feeling the pressure due to economic weakness around the world. Global economies are facing further setbacks as consumer and investor confidence worldwide declines. Major economies have also begun rapidly slowing; as a result the South African economy is expected to feel the effects.


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Will Zuma’s Infrastructure Programme Boost The Economy
10 July 2012 18:00
Phoebe Robinson
In 2011 the South African Government created the Presidential Infrastructure Coordinating Commission (PICC). The idea was that this programme would drive the infrastructure of the country forward. The programme is lead by the president and made up of select ministers, premiers and metro mayors.


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South Africa's Economic Outlook Weakens As Situation In Europe Persists
04 July 2012 11:00am
Florence Fullalove
The Reserve Bank of South Africa has said that the country’s outlook has “deteriorated” and inflation is likely to remain within the bank’s target range through 2014 as the debt crisis in Europe remains.
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Zuma Returns From Rio
25 June 2012 16:30
Phoebe Robinson
South African President Jacob Zuma returned from the United Nations conference on Saturday. The Rio +20, focused on the green economy and institutional arrangements for sustainable development.


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Zumba Calls For International Economic Improvement
19 June 2012 16:00
Phoebe Robinson
The PM has shown concern over the Eurozone crisis and at the Summit and has stressed the need to reform the international financial system and the need for a greater voice and representation for developing countries, especially African countries.

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South Africa Retail Sales Growth Slows
13 June 2012 17:00
Florence Fullalove
Statistics South Africa said today that South African retail sales grew at the slowest pace in more than two years in April as rising unemployment and fuel and electricity costs weighed on consumer spending.
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South Africa’s Economic Growth Rate Slows
30 May 2012 16:00
Crage Campbell
The rate of growth in the South African economy dropped considerably in the first quarter of 2012 mainly due to a big fall in output from its key mining sector.
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OECD Say South African Employment Will Rise
28 May 2012 16:00
Florence Fullalove
In its latest Economic Outlook the Organisation for Economic Co-operation and Development said it expects South Africa’s growth to rise to 3.4% in 2012 from 3.1% last year.
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South Africa To Expect Uneven Economic Growth
22 May 2012 16:00
Florence Fullalove
South Africa’s Finance Minister, Pravin Gordhan has said that economic growth in the country is uneven and slow. He also described the current global environment as “dangerous” adding that global economic growth remained weak.
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South Africa’s Retail Sales Decline
16 May 2012 16:30
Mark Maffia
Statistics South Africa has said South African retail sales declined in the first quarter of 2012 and retail sales growth was little changed in March.
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IMF Cuts Sub Saharan Africa Forecasts
14 May 2012 18:00
Victoria Wedderburn
The International Monetary Fund have said Sub-Saharan Africa's economies will expand at a slower rate in 2012 than earlier forecasted undermined by global financial distress and a sluggish recovery in South Africa.
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South Africa’s Unemployment Rises to 25.2%
09 May 2012 17:30
Florence Fullalove
Statistics South Africa said unemployment have increased for the first quarter of 2012 from 23.9% to 25.2%. Economists had expected the rate to fall slightly to 23.6%.
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South Africa and India To Strengthen Economic Ties
02 May 2012 17:00
Crage Campbell
Indian President Pratibha Patil has met with President Jacob Zuma in Pretoria ahead of business forum on economic links between the two countries. Mr Zuma has said that both countries had to work harder to reach higher trade figures.
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Zimbabwe Presents Opportunities For South African Businesses
25 April 2012 16:00
Crage Campbell
Speaking at the Zimbabwe International Trade Fair in Bulawayo, Deputy Minister Elizabeth Thabethe said South Africa is well placed to do business with Zimbabwe in many sectors and companies should take advantage of the opportunities available.
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IMF Raises Growth Forecast For South Africa
18 April 2012 16:00
Florence Fullalove
The International Monetary Fund has revised its growth forecast for South Africa, saying its economy is likely to expand by 2.7% in 2012, up from a previous estimate of 2.6%.
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South Africa’s Economy Improving
16 April 2012 17:00
Victoria Wedderburn
South Africa’s Finance Minister Pravin Gordhan said that South Africa’s economy is getting better but is vulnerable to the situation in Europe.
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South Africa Growth Expected To Be Slow But Steady
10 April 2012 17:00
Jack Stupple
South Africa is expected to show stable growth in the next five years and has many exciting growth propsects for the future says international consulting and research firm, Frost & Sullivan
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South Africa’s Manufacturing Sector Expands At Slower Pace
02 April 2012 11:00am
Mark Maffia
South Africa’s Purchasing Managers Index (PMI), an indicator designed to measure the health of the manufacturing industry, fell to 55.1 in March from a two year high of 57.9 in February.
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South Africa Economy Outlook Downgraded
29 March 2012 13:00
Victoria Wedderburn
Standard & Poor’s Rating Services have lowered South Africa’ outlook to negative from stable because of slower economic growth and a risk the government may be unable to control spending to rein in the fiscal deficit.
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South African Businesses Urged To Invest In Zimbabwe
27 March 2012 16:30
Mark Maffia
Elizabeth Thabethe, Deputy Trade and Industry Minister has encouraged South African firms to take advantage of the improving situation in Zimbabwe and invest.
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South Africa Headed To BRICS Summit
26 March 2012 06:00am
Florence Fullalove
South African President Jacob Zuma is to lead a high-powered South African delegation to the fourth BRICS summit in New Delhi, India this week. Business Unity South Africa has confirmed that it will be sending a delegation of over 50 companies to the BRICS business Forum, which runs alongside the summit.
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Reserve Bank Suggests Slow Growth In South Africa Economy
20 March 2012 12:15pm
Florence Fullalove
The South Africa Reserve Bank has released a bulletin for the fourth quarter of 2011 and it shows that South Africa’s economy experienced slow yet steady growth as the economy expanded at a significantly higher growth rate in the last quarter of last year.
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New Economic Index Suggests South Africa’s Economy Is Losing Momentum
16 March 2012 13:30
Jack Stupple
BankservAfrica Economic Transaction Index (Beti) forecasts that year-on-year growth for February was about 3.8%, down from an annual 4.1% for January.
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South Africa Trying To Find Alternatives To Iran Oil
14 March 2012 16:00
Victoria Wedderburn
The South African Government means to seek out alternatives to Iranian oil as the west tightens sanctions against the Islamic republic.
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Rand Falls For Second Day Amid Fears Of Weakening Metal Prices
12 March 2012 13:00
Florence Fullalove
The rand declined for a second day as signs of a slowdown in China, damped prospects for South Africa’s commodity exports.
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Warnings That Strike Could Damage South Africa’s Economy
07 March 2012
Which Way to Pay
The South African Chamber of Commerce and Industry (SACCI) have warned that the Congress of South African Trade Unions (COSATU) industrial action today could possibly damage the South African economy.
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Eurozone Crisis Will Pose A Challenge For South Africa
05 March 2012
Which Way to Pay
Lesetja Kganyago, Reserve Bank deputy governor has said that South Africa must be prepared to face further knock-on effects from the ongoing crisis in Europe.
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South Africa’s Economic Growth Improves
29 February 2012
Which Way to Pay
According to Statistics South Africa, South Africa’s economy grew at a rate of 3.2 % in the last quarter of 2011, up from a revised 1.7 % in the previous quarter.
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Gordhan Cuts South Africa’s Growth Forecast To 2.7%
27 February 2012
Which Way to Pay
Pravin Gordhan, South Africa’s Finance Minister, has cut his forecast again as the situation in Europe remains uncertain. Gross domestic product is expected to expand 2.7% this year, significantly lower than the 3.4% predicted last October.
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Welcome To Which Way To Pay South Africa
26 January 2012
Which Way To Pay
Welcome to Which Way To Pay South Africa, an independent financial comparison website and review service. We offer 100 % unbiased information on a wide range of South African financial products including loans, cards and insurance services available on todays market.
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