Explore how South African banks misrepresent fixed deposit interest rates, using simple interest to attract investors while ...

Specifically, for holding bonds for a period of 24 months, the annual nominal interest rate (effective from July 1, 2024) stands at 1.25 per cent. For periods exceeding 24 months up to 48 months ...

As an investor, you probably track the return on your investments. But it's likely that you look at the nominal return, which is the percentage increase or decrease in the value of an investment over ...