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Net1 can take deductions from social grants
The High Court in Pretoria ruled on Tuesday that deductions can be made from grant recipients’ accounts as a debit order is part of the normal banking process.
Middle class consumers feeling financial stress
Ahead of the Sanlam Benchmark Symposium, Sanlam revealed that seven out of ten middle class workers experience some form of financial stress.
Investing made easier with Liberty and Stash
Liberty has launched an app to make investing simpler. Currently only available on Android devices, Stash allows you to invest each time you swipe your card, with no service fees attached to using the app.
SARB: Repo rate not likely to decrease soon
Governor of the South African Reserve Bank (SARB) Lesetja Kganyago told Bloomberg in an interview last week, that South Africa may be at the end of its rate hiking cycle. However, this does not mean that the interest rate will start to...
Fraud in the short-term insurance sector
Insurance fraud statistics indicate that there’s little that people won’t do for money. From staging accidents to buying dead bodies, the insurance industry has seen it all.
FSB to launch insider trading investigation
The Financial Services Board has confirmed that its Department for Market Abuse will investigate possible insider trading in certain foreign exchange futures contracts before the recall of former Finance Minister Pravin Gordhan from office.
How to manage a deceased’s estate
This guide breaks down what you need to do when managing a loved one’s estate.
NCR says Edcon in contravention of credit act
The National Consumer Tribunal handed down judgement against Edcon that the club fee charged by Edcon to its credit customers is unlawful and in contravention of the National Credit Act.
Medical aid: CMS told to consolidate case against SAMA
The Council for Medical Scheme (CMS) has been ordered by the Competition Tribunal to submit further particulars and consolidate its case against the South African Medical Council (SAMA).
Protecting your income
Are you prepared if you were to lose your ability to earn an income? It is not something that people like to think about. But the fact is, you have to prepare for the worst, and that includes making sure you are financially looked after in the e...
City of Cape Town to extend MyCiti bus routes
The City of Cape Town has announced plans to extend the MyCiti bus service.
Fuel price increases announced for May
Following speculation of a fuel price increase for May, the Department of Energy has confirmed that they will increase on 3 May.