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Fuel price increase - Tough times ahead for consumers
Fuel prices are increasing yet again. The Department of Energy announced last week that petrol will increase by between 43 and 44 cents per litre, while diesel will increase by 23 cents per litre.
Claiming for protest damage
Following the most recent spate of protests at universities around the country, Justmoney looked into the application of Sasria on the relevant insurance claims lodged by the universities.
More data at a lower price with Cell C
Local cell phone network provider Cell C has launched five LTE packages, offering consumers higher speed data services at a lower price.
11.9% increase for all Bonitas options
Bonitas Medical Fund is the latest medical aid to release its fee increase for 2017. The fee increase across all Bonitas scheme options will be 11.9%, with no decrease in savings. This follows a challenging year for the healthcare industry.
Contactless payments on the rise
The use of contactless payment methods is on the rise. This is according to First National Bank (FNB) who have been issuing contactless enabled cards since May 2015 and there are already over 1 million cards on the market.
Tax incentives extended
National Treasury and the South African Revenue Service (SARS) have released a revised 2016 Draft Taxation Laws Amendment Bill for public comment. The Employment Tax Incentive (ETI) was set to expire on 31 December 2016, while the learnership ta...
Is Cyril Ramaphosa preparing to run for president?
Deputy President Cyril Ramaphosa has disposed of all investments, excluding his property portfolio, with the sale of McDonald’s South Africa to Emirates-based MSA Holdings. Many believe this could mark his intent to run for president.
11% Increase for Momentum medical scheme members for 2017
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
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 announced the piloting of their new funding model for 2017, with the focus on the missing middle.
Discovery releases 2017 fees
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
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.