Press release: For immediate release Date: 8 July 2015 June’s positive numbers off-set previous poor month ‘The elimination of load shedding for a year could help the economy grow by nearly 3%’ Regardless of the impact of load shedding, weak… Read more
Disposable salaries squeezed by public sector negotiations delays As the salary negotiations for public servants were not settled in May due to on-going bargaining, the average disposable salaries in the BankservAfrica Disposable Salary Index (BDSI) saw… Read more
The BankservAfrica Economic Transaction Index (BETI) shows a depressed economy but the year-on-year number is still positive, growing by 1.6% in May. The impact of disruptive electricity supplies and slower world economic growth is evident in the… Read more
Press release: For immediate release Date… Read more
The decline in both consumer and business confidence seems to have carried over from the first quarter into the second, as April numbers suggest that the strong increase earlier in the year (due to lower inflation) has faded. However, compared to last… Read more
BankservAfrica 2015 BDSI/BPPI press release: For immediate release Date… Read more
Acting Eskom CEO Brian Molefe’s briefing last week to the parliamentary portfolio committee for public enterprises was classic Eskom. Lots of information to talk about, very crucial information slipped in as if it is of little importance and total… Read more
The drop in the fuel price, after the cost of Brent crude oil fell to the lowest in almost six years, drove down inflation and boosted consumer confidence, helping the KwaZulu-Natal barometer to increase for the first time in 11 months. While the latest… Read more
Take-home pay up 8.9% year-on-year.CAPE TOWN – The latest data from BankservAfrica indicates that South African salary earners are currently getting increases that outpace inflation. The BankservAfrica Disposable Salary Index (BDSI) shows that the… Read more
South Africa needs to concentrate on one aspect only: getting people into jobs. Of course we need an effective State, low inflation and school lunches for hungry children – these are not small problems either. But the big problem is that only four out… Read more