Inflation is subsiding slower than hoped for and, despite high policy rates, the Central Bank’s 2.5% inflation target remains a pie in the sky. Why is it hard to get inflation under control and what can be done?

What is customer due diligence really? Why do the banks keep asking all these questions and what are they doing with my responses? And do I really need to respond?

In order to compare terms on short-term loans, it’s not enough to look at the interest and interest rate only - we need to take the entire cost of borrowing into account, such as borrowing charges and payment fees. Loans that allow the borrower to spread payment across a longer period frequently offer terms that equal 30-40% annual interest. And that's a lot!

Inflation, policy rate, inflation expectations and exchange rate. What do these concepts mean and why are they important?

In most cases, there is no need to visit a bank branch to utilise banking services as most main transactions and various services can be accessed using mobile phones or a computer. This is a summary of services that do not require bank visits or human contact.