Commercial banks First National Bank (FNB), Nedbank, Standard Bank as well as Absa have all announced they will cut their prime lending rates by 0.5% from 10.5% to 10%. This follows ...
A dramatic upsurge in property groups' sales figures during the last six months of last year is indicative of a positive performance by the housing market in 2010.Although experts ar...
South African consumers continue to experience tremendous pressure and have firmly turned their backs on credit over the past year. The latest consumer credit report shows that they ...
The latest statistics released by Statistics South Africa on residential building activity indicated that both the planning and construction phases remained under pressure, reflecting
conditions in the housing market, Absa said on Wednesday.
