EMENES CONSULTANCY
Insurance in Pretoria

Emenes Consultancy came into being in 2006 after the need became apparent for a provider of information to clients on the financial front that was un-bias and not associated with any financial product provider. Our continuous relationships with clients as well as the ability to adjust with changes in personal as well as economical circumstances are factors that are part of our philosophy in assisting in the achievement of financial freedom of all our clients.As a client the dedicated service of your Personal Portfolio Manager as well as Analyst is available on a continuous basis. The combined experience of over 50 years of our highly efficient staff as well as partners places Emenes Consultancy in the unique position of not only fulfilling this need but also are we able to assist clients in implementing their financial decisions through individually focused and highly personalized financial plans. This personal financial team ensures that any relevant changes in your lifestyle as.

Emenes Consultancy strives to provide clients with the ultimate non-bias financial information and service. Our continuous relationship with clients as well as the ability to adjust with changes in personal as well as economical circumstances are factors that are part of our philosophy in assisting in the achievement of financial freedom of all our clients. Giving clients non-bias financial information and advice on the local and international market, finance, economic indicators, interest rates, investment, property, short term, medical and life or long term insurance, personal budget and debt consolidation, through analysis and comparison by an analyst, broker or advisor in order to make their money work better for them. Major productand service providers include Momentum, Old Mutual, Liberty, Sanlam, PPS, Manage All, EFS, WMedia and various banks. Now, a year later, conditions have hardly improved. Property sales remain poor and prices continue to slide. It is this scenario that is partially shaping the bank's decision-making when it considers an application for residential mortgage finance. The most important of these is underlying economic vitality. And this condition has been lacking for some time, particularly in terms of consumer affordability levels and sluggish income growth or even income contraction. This is exacerbated by lower consumer confidence levels as the average potential property buyer is concerned about losing their job or at best a reduction in income growth. Recent statements in the media suggesting that banks are actively withholding residential lending to the point that a lack of credit is undermining the market are, however, far from the truth. More than 50% of people applying to FNB Home Loans are declined due to a combination of excessive debt, high living costs or poor credit records. While deposits will continue to be a requirement in mortgage finance, lower deposit requirements will aid affordability without either compromising the customer's debt ratio or exposing the bank potential losses arising from a non-performing loan. Property Economist at FNB Home Loans, John Loos is cautiously optimistic about the immediate future. At this stage the lower interest rates are not giving the housing market the boost required to improve demand for accommodation. Banks' strict lending criteria, where at least 50% of all loan applications turned down, are also a contributing factor. Andrew Golding, chief executive of Pam Golding Estates, says the housing market is unlikely to improve within the next six months. The unit, which will be shut in the early hours of Saturday, is one of two at the plant, each with a capacity of 900 MW. This suggests that purchasing managers remain sceptical of a recovery in demand over the short term. The lagged pass-through of weak demand conditions to employment is clear in the persistently low seasonally adjusted employment index. The survey is conducted on a monthly basis by the Bureau for Economic Research at the University of Stellenbosch in conjunction with the institute of Purchasing Managers in South Africa.