JM Brokers Blog @jmbrokers-blog - Tumblr Blog

May Joy be your Gift at Christmas and may Faith, Hope and love be your Treasures in the New Year.

#Christmas

"Success is getting what you want. Happiness is wanting what you get." - Dale Carnegie

#Quote #Dale Carnegie

Best Employers SA: Large Size Company

#Employers #Eployer #frica #South Africa

"Belief in oneself is one of the most important bricks in building any successful venture." - Lydia M. Child

#Lydia M. Child #Quote

Festive Spending Trends

#Festive Season #Christmas #Spend #Spending Trends

SA in grip of stagflation

By Claire Bisseker Financial Mail

With growth slowing and inflation rising, the Reserve Bank’s options are limited.

The room for the Reserve Bank to cut rates to stimulate the economy has shrunk to almost nothing as SA finds itself in the grip of stagflation, between rising inflation and dwindling growth.

Until recently, the odds of a further cut in interest rates over the next 12 months appeared better than even, but at the November monetary policy committee (MPC) meeting it was clear that the straitjacket of stagflation had tightened around the Bank.

#Inflation #Reserve Bank #South Africa

"No man succeeds without a good woman behind him. Wife or mother, if it is both, he is twice blessed indeed." - Harold MacMillan

#Quote #Harold MacMillan

SA's Supercar Economy

#Finance #Economy

Dear Client,

We are at the end of another year!

We will be on leave from 14/12/2012 to 07/01/2013.

The following numbers will be applicable during my leave if you are in need of any assistance.

Mutual & Federal Commercial policies - 086 012 1313 For claims, adjustments and new vehicles Personal policies 086 022 5563 – For claims, adjustments and new vehicles

SANTAM Commercial and personal policies 012 425 0060 Claims - Claudean Adjustments and new vehicles - Luitje

For those of you who are going on holiday, enjoy and stay safe!

Xmas Greetings

#Christmas

"To imagine is everything, to know is nothing at all." - Anatole France

#Anatole France #Quote

An Entrepreneurial Culture in Business

#Entrepreneurial Culture #Business #Entrepreneur

Basel 3 ‘could choke’ banks that do not adapt

By Sure Kamhunga Business Day Live

THE most comprehensive set of regulations imposed on local and global banks in 70 years could potentially choke the life out of them, unless they innovate, adopt new revenue streams and do business in a smarter way, advisory services firm Deloitte said on Thursday.

The regulations threatened revenue growth at a time when costs were increasing and demand for credit in South Africa was soft, owing to high consumer debt and large corporate cash deposits of more than R540bn. The worst part for local banks was that they appeared to be unjustly punished for problems that affected global peers, which have led to regulators imposing tougher rules, said Deloitte financial services industry country leader Roger Verster.

#Basel 3 #Banks #Revenue #Reveue Streams