Alan Kantor Financial Solutions

22/03/2023

Inflation up to 7 percent from 6.9 percent.

Big hikes in food prices contributed to a 7% increase in annual consumer inflation in February from 6.9% in January – the first increase in four months.

15/02/2023

Inflation down from December 7.2 percent to 6.9 percent in January.

Annual consumer inflation cooled to 6.9% in January, but food inflation hit the highest rate since 2009.

06/02/2023

Rand slumps to R17.60 as Dollar strengthens

https://www.news24.com/fin24/markets/rand-hits-weakest-level-this-year-20230206

A forecast-busting US jobs report fanned expectations of more Federal Reserve interest rate hikes.

18/01/2023

Inflation slightly lower than expected at 7.2 percent.

Annual consumer price inflation cooled to 7.2% in December, down from 7.4% in November.

23/12/2022

To all those celebrating, wishing you a safe and celebratory Christmas and New Year!

24/11/2022

Interest rates now the highest since 2016.

Interest rates are now at their highest level since 2016 after the SA Reserve Bank hiked rates by 75 basis points, for the third meeting in a row.

12/10/2022

Rand plummets to weakest level in 28 Months

Breaking news in business and markets.

09/08/2022

Planning for retirement while planning for longevity 👌

Over the past century, global life expectancy has increased by more than 25 years, and it continues to improve. Don’t get caught off guard by outliving your money because you thought you would never live to 80, 90 or even 100, writes Wynand Gouws.

03/08/2022

New Two pot retirement rules to be introduced.

The two-pot system is designed to stop people from withdrawing all their retirement savings when they change jobs. It means access to pension cash on a regular basis – with some constraints.

21/07/2022

Interest rates increase by 75 basis points biggest hike in almost 20 years.
Prime 9 per cent.
Following inflation increasing by 7.3 per cent.

The latest hike adds more pressure on many South African households, who are facing spiraling food and fuel prices.

20/07/2022

Inflation spikes to the highest level in 13 years to 7.4 per cent. Interest rate hike is expected by a min of 0.50 basis points.

The June rate is the highest inflation recorded since May 2009 (8.0%), which followed the global financial crisis.

29/06/2022

Another possible rate increase in July?

Governor Lesetja Kganyago says the SA Reserve Bank may consider raising interest rates by half a percentage point in July.