Latest news with #Parry
IOL News
3 days ago
- Business
- IOL News
SA Reserve Bank cuts interest rates: What it means for consumers
South African Reserve Bank Governor Lesetja Kganyago. Image: Thobile Mathonsi / Independent media. South African consumers cheered as the South African Reserve Bank (Sarb) cut the interest rate this past week, however, a wider view shows that the relief could be undone by other costs increasing. Sarb Governor Governor Lesetja Kganyago decreased the repurchase rate for the country by 25 basis points (BPS), dropping the repo rate from 7.50% to 7.25%, effectively taking the prime lending rate to the country to 10.75%, from 11%. Hayley Parry, Money Coach and Facilitator at 1Life's Truth About Money told Business Report that the cut could not have come at a better time. Parry said, "What that means is that, for anyone paying back any debt, it means that you are going to be able to save on your debt repayment. For example, for every million Rand you have in a home loan for instance you are now going to be paying R515 less per month at this new interest rate, thanks to the reduction in the interest rate." "It could not come at a better time because there has been a lot of pressure on South African consumers, with increasing electricity prices kicking in. This is great news for anyone who has been feeling the pinch and been struggling to make ends meet. Hopefully, this is going to provide a little bit of breathing room. If you happen to have any money leftover thanks to this reduction in the interest rate, my advice as always is to make sure you put aside extra cash into your emergency fund because you never know when that may come in handy," Parry added. Tando Ngibe, a senior manager at Budget Insurance said, 'This move offers some relief to consumers, particularly those managing debt, as it slightly reduces the cost of borrowing on home loans, personal loans, and credit facilities. This modest cut should be seen as a chance to reinforce, not relax, responsible financial habits. We urge consumers to use any savings from lower repayments to prioritise essential expenses, reduce high-interest debt, and build emergency funds. While the rate cut may support economic activity, it's important to remain cautious. Inflation risks still persist, and returns on savings may decline. Consumers should continue to budget carefully in order to remain financially resilient in these uncertain times.' Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. 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Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Next Stay Close ✕ Consumers still drowning in debt Meanwhile, Neil Roets, CEO of Debt Rescue gave a more scathing view on the Sarb's rate cuts. Roets said that the announcement of the 25BPS cut, may be good news for economists but will not shield South Africans from the burden of the fuel and sin tax levies introduced by Finance Minister Enoch Godongwana within his Budget 3.0 projection. Roets said, "Increased taxing of the workforce is not the answer, the fuel-tax levy and raising sin taxes even higher, will put further financial strain on households, driving them to new depths of despair. This, at a time when they are buckling under the weight of multiple unsustainable inflation-related living costs. The reality is that the Finance minister's decision to impose new tax measures will hurt lower-income families most, as they will bear a proportionally higher burden, thus forcing them to make impossible lifestyle choices with the little disposable income they have left." "The reality is that the slow pace of the country's repo rate reductions is perpetuating the debt trap that millions of ordinary South Africans find themselves in, leaving millions with no option but to survive on credit. This scenario has been escalating since the prolonged tightening cycle began towards the end of 2021, when the Monetary Policy Committee raised the repo rate by a cumulative 4.75% between November 2021 and May 2023, taking it from 3.50% to 8.25%, the highest level since 2014. Sadly, this means more and more South Africans are relying on their credit and store cards to put food on the table and keep the lights on," Roets further said. "The likelihood is that they will default on debt and fall into an even deeper trap, as the cost of credit rises due to existing debt. This is most evident with big purchases like home and car loans. South Africans need real financial relief. This is a glaring red flag that should be at the top of the list of concerns of the authorities," Roets said.
24-05-2025
- Climate
Ewen Ferguson leads at Soudal Open; Purcell inside top 25
Scotland's Ewen Ferguson remains the man to catch heading into the final round of the Soudal Open after posting a 69 despite wet conditions in Belgium. Ferguson began the day with a three-shot advantage and, aside from being briefly caught by John Parry around the turn, was in control for most of the day at a rain-swept Rinkven International GC. A 13-under total sees Ferguson go into the final round two clear of Parry, who carded a 67, with Dutchman Darius van Driel third on nine under after signing for a 69. Conor Purcell shot a third round 70 to move to four under par and sits in a share of 22nd place going into Sunday's final round. The Malahide man's one-under round included three birdies and two bogeys, and he will tee off at 10:25am (Irish time) on Sunday, playing alongside France's Ugo Coussaud. "To be honest with you my range session was awful, it was so cold, my hands were freezing and I was hardly finding the middle of the face," said Ferguson, who extended his bogey-free streak to 41 holes before dropping a first shot of the week at the sixth. "I was thinking it was going to be a long day – which it was – but I think when you get out there and feel the kind of vibe off the people around you, and I was playing with Marco (Penge) who's a good friend, and just trying to enjoy it even though the weather was bad. "I just hung in there really. It wasn't pretty, I was teeing my ball down, squishing drivers trying to find the fairway. Nothing pretty to watch but Saturday, just keep yourself in there. "I love grinding and making a par, it's a nice feeling. I've done so well today just keeping my head on a day where you could really let it go." Parry also admitted it had been an attritional day. "It was tough," he said. "There were a lot more four irons into the greens today – which wasn't really the case over the first two days – but I felt like I did the hard part well, which was getting from tee to green.
USA Today
22-05-2025
- Sport
- USA Today
How to Watch Diane Parry vs. Robin Montgomery at the 2025 Roland Garros: Live Stream, TV Channel
How to Watch Diane Parry vs. Robin Montgomery at the 2025 Roland Garros: Live Stream, TV Channel On Sunday, Robin Montgomery (No. 116 in the world) faces Diane Parry (No. 105) in the Round of 128 at the Roland Garros. Parry's last action was on May 20, 2025 at the Internationaux de Strasbourg, when she lost 4-6, 4-6 to Liudmila Samsonova in the Round of 16. Montgomery lost her most recent match on April 23, 2025 in the Round of 128 at the Mutua Madrid Open to Moyuka Uchijima 6-1, 4-6, 3-6. Watch Tennis Channel on Fubo! Diane Parry vs. Robin Montgomery: live stream info & TV channel Tournament: Roland Garros Roland Garros Round: Round of 128 Round of 128 Date: Sunday, May 25 Sunday, May 25 Live Stream: Watch Tennis Channel on Fubo Watch Tennis Channel on Fubo Court Surface: Clay Diane Parry vs. Robin Montgomery matchup stats Parry is 9-6 on clay over the past 12 months, with zero tournament wins. On clay, Parry has won 70.8% of her service games and 31.2% of her return games over the past year. Parry has converted 51 of 129 break points on clay (39.5%) over the past year and is 46th in break points won. In her most recent tournament (the Internationaux de Strasbourg), Parry lost to Samsonova 4-6, 4-6 on May 20, in the Round of 16. Montgomery has participated in three tournaments on clay over the past year, putting up a 1-3 record on that surface. Montgomery is 30-for-44 in service games on clay surfaces (winning 68.2%) and 11-for-42 in return games (26.2%). Montgomery has won 50.0% of break points on clay (12 out of 24) to rank 193rd. In her last tournament (the Mutua Madrid Open) on April 23, Montgomery played Uchijima in the Round of 128 and was eliminated 6-1, 4-6, 3-6. Parry vs. Montgomery futures odds Tennis odds courtesy of Tipico Sportsbook. Odds updated Thursday at 9:57 AM ET. Parry Odds to Win the 2025 Roland Garros: +40000 +40000 Montgomery Odds to Win the 2025 Roland Garros: +50000 Tennis odds courtesy of BetMGM Sportsbook. Odds updated Thursday at 9:57 AM ET. For a full list of sports betting odds, access USA TODAY Sports Betting Scores Odds Hub.
![2025 Internationaux de Strasbourg: Parry [105th] vs. Samsonova [19th] Prediction, Odds and Match Preview](/_next/image?url=https%3A%2F%2Fwww.gannett-cdn.com%2Fauthoring%2Fimages%2FDataSkriveSportsbookWire%2F2025%2F04%2F16%2FSSBK%2F83116869007-14991234.jpeg%3Fauto%3Dwebp%26crop%3D1199%2C676%2Cx0%2Cy73%26format%3Dpjpg%26width%3D1200&w=3840&q=100)
USA Today
19-05-2025
- Sport
- USA Today
2025 Internationaux de Strasbourg: Parry [105th] vs. Samsonova [19th] Prediction, Odds and Match Preview
2025 Internationaux de Strasbourg: Parry [105th] vs. Samsonova [19th] Prediction, Odds and Match Preview In the Internationaux de Strasbourg Round of 16 on Tuesday, No. 105-ranked Diane Parry meets No. 19 Liudmila Samsonova. Samsonova is the favorite (-190) in this match against the underdog Parry (+145). Tennis odds courtesy of BetMGM Sportsbook. Odds updated Monday at 2:35 PM ET. For a full list of sports betting odds, access USA TODAY Sports Betting Scores Odds Hub. Diane Parry vs. Liudmila Samsonova matchup info Tournament: Internationaux de Strasbourg Internationaux de Strasbourg Round: Round of 16 Round of 16 Date: Tuesday, May 20 Tuesday, May 20 Court Surface: Clay Watch the Tennis Channel and more sports on Fubo! Parry vs. Samsonova Prediction Based on the implied probility from the moneyline, Parry has a 65.5% to win. Parry vs. Samsonova Betting Odds Parry vs. Samsonova matchup performance & stats
![2025 Internationaux de Strasbourg: Parry [102nd] vs. Fernandez [26th] Prediction, Odds and Match Preview](/_next/image?url=https%3A%2F%2Fwww.gannett-cdn.com%2Fauthoring%2Fimages%2FDataSkriveSportsbookWire%2F2025%2F04%2F16%2FSSBK%2F83116842007-10192539.jpeg%3Fauto%3Dwebp%26crop%3D1199%2C675%2Cx0%2Cy62%26format%3Dpjpg%26width%3D1200&w=3840&q=100)
USA Today
18-05-2025
- Sport
- USA Today
2025 Internationaux de Strasbourg: Parry [102nd] vs. Fernandez [26th] Prediction, Odds and Match Preview
2025 Internationaux de Strasbourg: Parry [102nd] vs. Fernandez [26th] Prediction, Odds and Match Preview Leylah Annie Fernandez (No. 26) will face Diane Parry (No. 102) in the Round of 32 at the Internationaux de Strasbourg on Sunday, May 18. Fernandez is the favorite (-175) in this match against the underdog Parry (+135). Tennis odds courtesy of BetMGM Sportsbook. Odds updated Saturday at 6:36 PM ET. For a full list of sports betting odds, access USA TODAY Sports Betting Scores Odds Hub. Diane Parry vs. Leylah Annie Fernandez matchup info Tournament: Internationaux de Strasbourg Internationaux de Strasbourg Round: Round of 32 Round of 32 Date: Sunday, May 18 Sunday, May 18 Court Surface: Clay Watch the Tennis Channel and more sports on Fubo! Parry vs. Fernandez Prediction Based on the implied probility from the moneyline, Parry has a 63.6% to win. Parry vs. Fernandez Betting Odds Parry's odds to win match: +135 +135 Fernandez's odds to win match: -175 Parry vs. Fernandez matchup performance & stats In six tournaments on clay over the past 12 months, Parry has gone 8-6. Parry has won 69.8% of her service games on clay over the past 12 months and 30.8% of her return games. Parry has converted 41.6% of her break-point chances on clay (47 of 113) over the past 12 months. In her previous tournament (the Mutua Madrid Open), Parry was eliminated by Anna Kalinskaya 6-7, 4-6 on April 24, in the Round of 64. Fernandez has gone 6-5 in five tournaments on clay over the past 12 months. On clay, Fernandez has a 65.3% winning percentage in service games and a 41.3% winning percentage in return games. On clay Fernandez ranks 55th in break point winning percentage (44.8%) after going 47-for-105. In the Round of 32 of her most recent tournament (the Internazionali BNL d'Italia) on May 11, Fernandez was taken down by No. 27-ranked Marta Kostyuk 4-6, 2-6.
