Please select


For My Business

< R10m annual turnover

For My Business

> R10m annual turnover

Please select


For My Business

< R10m annual turnover

For My Business

> R10m annual turnover

Switch to FNB Business

Product shop

By Turnover

First Business Zero (R0 - R5 million p.a) Gold Business (R0 - R5 million p.a) Platinum Business (R5 million - R60 million p.a) Enterprise Business (R60 million - R150 million+ p.a)

Transact

Business Accounts Credit Cards Cash Solutions Merchant Services eWallet Pro Staffing Solutions ATM Solutions Ways to bank Fleet Services Guarantees

Savings and Investments

Save and Invest 3PIM (3rd Party Investment Manager)

Borrow

FNB Cash Advance Overdraft Loans Debtor Finance Leveraged Finance Private Equity Securities Based Lending Selective Invoice Discounting Asset Based Finance Alternative Energy Solutions Commercial Property Finance Fleet Services

Insure

Insurance

For my employees

Staffing Solutions Employee benefits

Forex + Trade

Foreign Exchange Imports and exports Structured Trade + Commodity Finance Business Global Account (CFC account)

Value Adds + Rewards

Connect my business the dti initiatives Enterprise and supplier development Business Hub eBucks Rewards for Business DocTrail™ CIPC Integration Channel Instant Accounting Solutions Instant Payroll Instant Cashflow Instant Invoicing SLOW 24/7 Business Desk FNB Business Fundaba nav» Marketplace Prepaid products Accounting integrations

Industry Expertise

Philanthropy Chinese Business Islamic Banking Agriculture Public Sector Education Healthcare Franchise Motor Dealership Tourism

Going Global

Global Commercial Banking

Financial Planning

Overview

Bank Better

KYC / FICA Debit order + recipient switching Electronic Alerts

Corporates + Public Sector

Corporate Public Sector

All savings + investment accounts


Cash deposits

Notice deposits Immediate access Access to a portion Fixed deposits

Share investing

Shares

Tax-free investing

Tax-free accounts

Funds/unit trusts

Ashburton specialised products

Invest abroad

Offshore products

I want to save for

Personal goals Child's education Emergencies Tax-free

Compare similar

Compare

Additional options

Show me all Help me chosse Find an advisor

Financial planning

Overview



Economics
commentary

Economics Weekly 15 November 2024


This year was tumultuous as uncertainty on both the political and economic front kept expectations fluid. From the onset, it was obvious that a busy voting calendar across the globe would raise political and fiscal risks, while maintaining market volatility. Our own forecasts at the start of the year were for the Monetary Policy Committee (MPC) to start cutting interest rates in July, post South Africa's (SA) national election, but these were shifted to November given the volatility in economic data and market reactions, and then we shifted our forecast forward to September.


 

Economics Weekly 8 November 2024


Looking over fiscal policy documents between now and the 1990s would give the impression that South Africa (SA) has been stuck in a time loop with the same socioeconomic objectives, same drive for economic reform, and the same fiscal constraints. However, going into the early 2000s, there had been major achievements in formulating macroeconomic policy, formalising implementation frameworks, and setting processes of accountability.


 

Economics Weekly 1 November 2024


In this year's Medium-Term Budget Policy Statement (MTBPS) Treasury once again referenced the public and private sector fixed investment chart (Figure 1), raising two key concerns. Firstly, fixed investment remains significantly below the 30% of GDP target set by the National Development Plan, and secondly, Treasury underscored the importance of robust public and private sector fixed investment as a foundation for inclusive and sustainable growth.


 

Economic Update

MTBPS 2023 Review



 

Archive

Economic Update




 

Reports on consumer and property economics




 

You use the information contained on this page (the "Information") at your own risk. First National Bank, a division of FirstRand Bank Limited ("the Bank"), provides no warranties or guarantees, whether express, implied or otherwise, in respect of the Information, its accuracy and/or reliability. Without limitation, the Bank does not warrant that the Information will ensure your compliance with accounting, auditory, financial, legal, business and/or tax requirements or will improve your business' performance. The Information does not constitute advice and should not be used as a substitute for obtaining professional or other advice where necessary. Neither the Bank nor its holding company, subsidiaries or other group companies will be liable to you for any claims, demands, expenses, costs, losses or damages, of whatsoever nature, suffered or incurred by you in respect of your use of the Information.

The Bank is the owner of the copyright in all content on this page. You may not publish, modify or adapt this content in any medium or format without the prior written consent of the Bank.

2022 Economic updates


October

MTBPS Review 2022

2021 Economic updates


December

Inflation

July

Economic updates

2023 Reports on consumer and property economics


February

Property Barometer

January

Property Barometer

2022 Reports on consumer and property economics


December

Property Barometer

November

Property Barometer

July

Property Barometer

June

Property Barometer

May

Property Barometer

March

Property Barometer

2021 Reports on consumer and property economics


October

Property Barometer

September

Property Barometer

Property update

July

Property Barometer

June

Property Barometer

May

Property Barometer

April

Property Barometer

February

Property Barometer

January

Property Barometer

2020 Reports on consumer and property economics


November

Property Barometer

September

Property Barometer

August

Property Barometer

July

Estate Agents Survey Property Barometer

May

Property Barometer

April

Property Barometer

February

Property Barometer

January

Property Barometer