CPI Inflation Rate in South Africa

May 5th, 2009

This page shows the current CPI inflation rate, as well as a graph and table of the CPI inflation rates in South Africa, since 1982. The current CPI inflation rate is % (based on CPI data for ). The CPI percentages shown in the figures and graphs on this page are based on year-on-year changes [...]

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Budget Planner Excel Spreadsheet

May 3rd, 2009

The Budget Planner Excel Spreadsheet is a powerful accounting and budgeting spreadsheet that works equally well with Microsoft Excel and OpenOffice.org‘s Calc. You can use it to draw up a budget, keep track of your income, expenses and transfers between accounts, and see how your actual income and expenses compare to the amounts you budgeted. [...]

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Repo Rate in South Africa

May 2nd, 2009

This page shows the current bank repurchase rate, as well as a graph and table of the repo rates in South Africa, since 1999. The repo rate was last updated on . The current repo rate is %. Repo Rate Graph This is a graph of the repo rates in South Africa, since 1999. To [...]

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Prime Interest Rate in South Africa

May 2nd, 2009

This page shows the current prime interest rate, as well as a graph and table of the prime interest rates in South Africa, since 1948. The prime interest rate was last updated on . The current prime interest rate is %. Prime Interest Rate Graph This is a graph of the prime interest rates in [...]

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What is an Asset?

April 28th, 2009

An asset is something that has value and is owned by an entity. Assets add to the net worth of the entity that owns it. The entity that owns an asset can be a person, a company, or any other type of organization. Asset Examples of assets are cars, buildings, land, machines, equipment, cash and [...]

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What is Net Worth?

April 20th, 2009

An entity’s net worth (also referred to as “net asset value” or “NAV”) is the value of the entity’s assets minus the value of its liabilities.Net worth = total assets – total liabilities. Net worth The net worth of any entity (a business, a NGO, a person, or any other legal entity), is the amount [...]

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Who owns the South African Reserve Bank?

April 18th, 2009

The South African Reserve Bank (SARB) is a privately owned central bank. In fact, it is possible for almost anyone to buy shares in the SARB. Since its establishment, the Reserve Bank has always been privately owned. Today the Bank has more than 630 shareholders and its shares are traded on an Over the counter [...]

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South African Reserve Bank (SARB)

April 16th, 2009

The South African Reserve Bank (SARB) is the central bank of South Africa. The SARB regulates the amount of money available (money supply) in South Africa. It has the right to create money and to set the repo rate, which effectively allows it to control the availability of credit in South Africa. South African Reserve [...]

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What is the Repo Rate?

April 15th, 2009

The repo rate (repurchase rate) is the interest rate at which commercial banks can borrow money from the Reserve Bank. Repo rate South African banks in the private sector, like ABSA, Standard Bank, FNB and Nedbank, can borrow money from the South African Reserve Bank (SARB). The repo rate is the interest rate SARB charges [...]

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What is the Prime Rate?

April 14th, 2009

The prime interest rate, prime lending rate, or prime overdraft rate, is a reference interest rate commercial banks use when issuing variable interest rate loans to their customers. Prime interest rate When you borrow money from a bank, the interest rate that you will be charged by the bank, is usually specified in terms of [...]

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