<rss version="2.0"><channel><title>ITINews - Insurance Times and Investments Online Press Office News - Banks and Building Societies</title><link>http://www.itinews.co.za</link><description>The complete South African Financial Services News and Information Portal</description><copyright>Copyright (C) 2006</copyright><managingEditor>editor@itinews.co.za</managingEditor><webMaster>webmaster@itinews.co.za</webMaster><language>en</language><generator>ITINews RSS Generator</generator><item><title>Don't change course now on interest rates - BoE Private Clients</title><link>http://www.itinews.co.za/companyview.aspx?cocategoryid=37&amp;companyid=21683&amp;itemid=1B6E1AB0-7FEE-4A81-B67B-E33838BC34DE</link><description>No evidence that the SA economy is suffering from excessive demand - South Africa does not yet need, nor can it afford, an increase in interest rates - and comments supporting such an increase are disconcerting, says BoE Private Clients.</description><author>editor@itinews.co.za (Mervyn Dziva)</author><pubDate>Tue, 17 Jan 2012 12:00:00 AM GMT</pubDate></item><item><title>Christmas Stocking 2011</title><link>http://www.itinews.co.za/companyview.aspx?cocategoryid=37&amp;companyid=21683&amp;itemid=BE214785-EC4A-44EE-ADE3-20CB22640733</link><description>After a very tough year, Christmas is once again almost upon us - While making plans for the Christmas lunch, as is customary, try to ensure that you sit next to the relatives that fared the best (in terms of your stock picks).</description><author>editor@itinews.co.za (Mervyn Dziva)</author><pubDate>Tue, 13 Dec 2011 12:00:00 AM GMT</pubDate></item><item><title>SA praised for fiscal policy as European turmoil continues unabated</title><link>http://www.itinews.co.za/companyview.aspx?cocategoryid=37&amp;companyid=21683&amp;itemid=634F2926-7E34-4B6E-9336-CBF655DBE70D</link><description>In contrast, the outlook for Europe remains bleak - Economic data for October continue to highlight the relatively weak position of the South African economy - despite the fact that SA is performing better now than at the same time last year - but SA fiscal authorities must be praised for a job well done, says BoE Private Clients economist Madalet Sessions</description><author>editor@itinews.co.za (Mervyn Dziva)</author><pubDate>Mon, 21 Nov 2011 12:00:00 AM GMT</pubDate></item><item><title>MPC rates decision</title><link>http://www.itinews.co.za/companyview.aspx?cocategoryid=37&amp;companyid=22071&amp;itemid=973788E4-4755-48CA-B432-B2A55E4AAA93</link><description>Consumers must utilise any excess income to consolidate existing debt - In the final Monetary Policy Committee (MPC) meeting for the year, the MPC, has left interest rates unchanged.

</description><author>editor@itinews.co.za (Andree Loubscher )</author><pubDate>Thu, 10 Nov 2011 12:00:00 AM GMT</pubDate></item><item><title>Absa witnesses sustained growth recording R12.6bln personal loans book</title><link>http://www.itinews.co.za/companyview.aspx?cocategoryid=37&amp;companyid=22071&amp;itemid=49A23841-23C1-4B53-8650-A5C0DCBE2BB0</link><description>A growing trend of borrowers who are particularly tapping into low value loans - Absa, South Africa's leading bank, says that despite volatile economic conditions, its personal loan book has grown 12.4% year-on-year to R12.6 billion.</description><author>editor@itinews.co.za (Nobubele Mkwananzi )</author><pubDate>Tue, 01 Nov 2011 12:00:00 AM GMT</pubDate></item><item><title>Growth continues to slow as strikes compound output woes</title><link>http://www.itinews.co.za/companyview.aspx?cocategoryid=37&amp;companyid=21683&amp;itemid=3903C4B4-CA72-43B1-993C-4E28F09CC09E</link><description>Continued accommodative monetary policy is exactly what is needed - Growth and economic activity in South Africa have slowed dramatically in past months, and it is now expected that the full year growth for 2011 will only be around 3%.</description><author>editor@itinews.co.za (Mervyn Dziva)</author><pubDate>Thu, 13 Oct 2011 12:00:00 AM GMT</pubDate></item><item><title>SA economy better than Europe</title><link>http://www.itinews.co.za/companyview.aspx?cocategoryid=37&amp;companyid=21683&amp;itemid=64D949EC-73F4-4BC8-8A2F-DFC43E262C60</link><description>Malema is less threat than Greeks to SA economy - South African business and investors should not let domestic issues including political confusion, strike action and service delivery issues negatively cloud their outlook -global issues including the Greeks' economic woes pose far more of a threat.
</description><author>editor@itinews.co.za (Mervyn Dziva)</author><pubDate>Thu, 22 Sep 2011 12:00:00 AM GMT</pubDate></item><item><title>SA economy needs interest rate cut boost</title><link>http://www.itinews.co.za/companyview.aspx?cocategoryid=37&amp;companyid=21683&amp;itemid=2A1B14FF-417F-45CA-B300-8E908C11C879</link><description>A mistake to raise rates in an economy that did not suffer from excess demand - BoE Private Clients says that the South African economy will be given a much-needed boost if interest rates were lowered.</description><author>editor@itinews.co.za (Mervyn Dziva)</author><pubDate>Mon, 12 Sep 2011 12:00:00 AM GMT</pubDate></item><item><title>Mid-year and SA economy takes a turn for the worse</title><link>http://www.itinews.co.za/companyview.aspx?cocategoryid=37&amp;companyid=21683&amp;itemid=D6BD566A-60B5-4DE3-936C-9D4C5C41E1B5</link><description>Investing in quality businesses with relatively certain growth prospects - The most recent economic data paints an unexpectedly poor picture of the state of South Africa's economy, says BoE Private Clients Chief Investment Officer Daryll Owen.</description><author>editor@itinews.co.za (Mervyn Dziva)</author><pubDate>Thu, 11 Aug 2011 12:00:00 AM GMT</pubDate></item><item><title>Money grows on the tree of patience</title><link>http://www.itinews.co.za/companyview.aspx?cocategoryid=37&amp;companyid=22071&amp;itemid=CFECDE46-495A-4E45-B63D-5E2AD1014A99</link><description>South Africa's household debt to disposable income ratio at 78% - South Africa's household debt to disposable income ratio - standing at staggering high of 78% - is a clear indication that a strong savings culture has yet to take root in the country.</description><author>editor@itinews.co.za (Patrick Wadula )</author><pubDate>Thu, 21 Jul 2011 12:00:00 AM GMT</pubDate></item></channel></rss>
