What motivated Michael Jordaan to leave FNB, wonders Paddy Hartdegen.
Thanks to a garnishee order, a user will pay R17 000 for a debt of under R3 000.
The rand has remained on the back foot amid quiet trade and taking a breather after a very volatile week.
The rand has been largely steady after snapping a 10-day losing streak overnight although potential for further weakness remains.
The rand has fallen for the eleventh straight session after the US Federal Reserve indicated that it may start tapering its quantitative easing programme.
The rand has dropped more than 1.2% to a fresh 4-year low against the dollar, largely tracking a retreat in high-yielding currencies.
The rand has shed all its intraday gains after the US Federal Reserve announced that it needed to see a sustained US economic recovery.
The rand has recovered slightly after higher than expected consumer price index figures slashed hopes of a rate cut by the Reserve Bank.
Definitely, it is a very embarrassing admission to make.
Not at all, it shows you are tackling your debt problem.
I have no debt worries so it doesn't affect me.
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