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11% Increase for Momentum medical scheme members for 2017

11% Increase for Momentum medical scheme members for 2017

25 September 2016 · Jessica Anne Wood

Medical aid fee contributions will increase by 11% on average for Momentum Health customers in 2017 but there will be no benefit reductions, as well as no structural changes or reductions in savings.

Uber upgrades safety features

Uber upgrades safety features

25 September 2016 · Alina Hardcastle

After numerous safety concerns, the ridesharing app, Uber, has announced that they are undergoing numerous security updates to ensure the safety of both passengers and drivers.

NSFAS to pilot new funding model in 2017

NSFAS to pilot new funding model in 2017

25 September 2016 · Danielle van Wyk

NSFAS announced the piloting of their new funding model for 2017, with the focus on the missing middle. 

Discovery releases 2017 fees

Discovery releases 2017 fees

22 September 2016 · Jessica Anne Wood

Discovery Health Medical Scheme has released its fees for 2017. The new fees come into effect on 1 January 2017. Medical aid fees for the scheme will increase between 10 and 15%, this falls within the estimated industry increase of 10 and 20%.

Sasfin financial results a mixed basket

Sasfin financial results a mixed basket

22 September 2016 · Jessica Anne Wood

While on the whole Sasfin Holding Limits released positive results, there were areas that experienced decreases. Sasfin released its financial results for the year ended June 2016 earlier this week.

Consumers struggling with mortgage repayments

Consumers struggling with mortgage repayments

22 September 2016 · Jessica Anne Wood

Information released by credit bureau Compuscan revealed that during the second quarter of 2016 (Q2 2016) more people are struggling to make ends meet. This is not only limited to lower income households, but higher income earners as well. This ...

Biometric authentication may not be safe

Biometric authentication may not be safe

22 September 2016 · Jessica Anne Wood

A recent Kaspersky Lab report found that at least 12 sellers in the cybercrime world are already offering skimmers capable of stealing victims’ fingerprints.

Repo rate pause continues

Repo rate pause continues

22 September 2016 · Danielle van Wyk

Economists and citizens alike released a sigh of relief as the SARB governor, Lesego Kganyago, announced the decision to keep the repo rate at seven percent.

Treasury responds to 2017 fee adjustment announcement

Treasury responds to 2017 fee adjustment announcement

21 September 2016 · Danielle van Wyk

Treasury and Opposition parties respond to the 2017 university fees adjustment announcement. 

Pick n pay self-service tills on trial

Pick n pay self-service tills on trial

19 September 2016 · Danielle van Wyk

Pick n Pay have just launched the first self-service check out till at their Observatory branch as part of a trial period.  

Vodacom gets government contract

Vodacom gets government contract

18 September 2016 · Jessica Anne Wood

A Bloomberg report revealed that cellular network Vodacom has been awarded a four year contract to supply government. The details of the deal are not yet clear, however, the value of the contract is approximately R5 billion ($350 million).

MTN and Vodacom slammed for high data costs

MTN and Vodacom slammed for high data costs

18 September 2016 · Angelique Ruzicka

MTN and Vodacom have been slammed for their high data costs by the Economic Freedom Fighters (EFF), celebrities and consumers on social media.

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