Alan Kantor Financial Solutions

Inflation up to 7 percent from 6.9 percent.

Inflation rises for first time in months as food price hikes hit 13.6% | Business 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.

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

Inflation cools, but red-hot food prices hit new high | Business Annual consumer inflation cooled to 6.9% in January, but food inflation hit the highest rate since 2009.

Rand slumps to R17.60 as Dollar strengthens

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

Rand hits weakest level this year | Business A forecast-busting US jobs report fanned expectations of more Federal Reserve interest rate hikes.

Inflation slightly lower than expected at 7.2 percent.

Inflation cools slightly to 7.2%, but food prices remain red hot | Business Annual consumer price inflation cooled to 7.2% in December, down from 7.4% in November.

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

Interest rates now the highest since 2016.

Another jumbo interest rate hike announced | Business 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.

Rand plummets to weakest level in 28 Months

MONEY LIVE | Rand hits weakest level in 28 months | Fin24 Breaking news in business and markets.

Planning for retirement while planning for longevity 👌

OPINION | How to plan for retirement when you may live to 100 | Fin24 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.

New Two pot retirement rules to be introduced.

The new rules that will let you withdraw pension money every year: what you need to know | Businessinsider 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.

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.

JUST IN | Interest rates increased by 75bps - biggest hike since 2002 | Fin24 The latest hike adds more pressure on many South African households, who are facing spiraling food and fuel prices.

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.

Inflation surges to 7.4% - highest in 13 years | Fin24 The June rate is the highest inflation recorded since May 2009 (8.0%), which followed the global financial crisis.

Another possible rate increase in July?

Kganyago says half-point interest rate hike possible in July | Fin24 Governor Lesetja Kganyago says the SA Reserve Bank may consider raising interest rates by half a percentage point in July.