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Consumers struggling with mortgage repayments
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
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
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 and Opposition parties respond to the 2017 university fees adjustment announcement.
Pick n pay self-service tills on trial
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
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).
Nzimande caps university fee increase at 8%
Higher Education Minister, Blade Nzimande announced the recommendation for 2017 university fee adjustments yesterday, and students are not happy.
Investment guide: Kumba Iron Ore
Kumba Iron Ore Limited (KIO) is a member of the Anglo American PLC Group and a registered equity issuer on the Johannesburg Stock Exchange. This guide looks at investing in KIO, and asks whether or not this is advisable given the company’...
Fuel prices expected to rise in October
The respite in fuel prices may be at an end, with the industry warning of possible price hikes come October.
SARS suspends Jonas Makwakwa
The South African Revenue Service (SARS) has suspended Jonas Makwakwa, second in charge at the tax agency. This follows reports earlier this week of suspicious deposits into Makwakwa’s personal bank account since 2010 amounting ...
MTN drops mobile money service
MTN South Africa announced the decommissioning of its mobile money service, Mobile Money, due to a lack of commercial viability. However, the cellular network revealed that a new financial product will be launched soon.
Con Court changes rules around garnishee orders
The Constitutional Court handed down a landmark judgement in the case of emoluments attachment orders (EAO), also known as garnishee orders. The case challenged the constitutionality of the implementation of EAOs that are granted by clerks of th...