Month: September 2020

Home 2020 September
Post

Finance ministry paid out 96% of EIG applicants

The ministry of finance yesterday announced that about 96% of applicants benefited from the emergency income grant (EIG) that government initiated in April to assist the less privileged and vulnerable members of society from the devastating economic impact of Covid-19. 

Post

Downward spiral in house prices seemingly over

FNB’s second-quarter Residential Property Report states that although property market sentiments may appear to point to a further decline in house prices due to expected distressed sales, the bank nonetheless believes the downward trend has seemingly reached its pinnacle for two reasons.