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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...
Zuma paid back the money
President Jacob Zuma has paid the money for the non-security upgrades to his private residence, Nkandla, as ordered to do so by the Constitutional Court. But can he afford this? Justmoney investigates.
Lewis breaches National Credit Act
The National Credit Regulator (NCR) announced that Lewis Stores was found to be in breach of the National Credit Act (NCA) by the National Consumer Tribunal.
Students forced to straighten their hair; at what cost?
The last two weeks have had the country divided around the claims from black students from various schools that they were being discriminated against with regards to how they were being allowed to wear their hair. Some were encouraged to straigh...
Medical aid fee hike in 2017?
The number of people who can afford medical cover may drop further come 2017, as Insight Actuaries has reported that higher-than-usual contribution increases can be expected for the coming year.
Futuregrowth stops SOE funding
After recent public in-fighting between state owned enterprises (SOEs) and Treasury, asset management firm, Futuregrowth, has decided to withdraw funding from some of the country’s biggest SOEs.
When’s the best time to trade or sell your car?
Cars can be expensive to run and maintain so if you need to downgrade you can always trade in or sell your car. A cheaper car will ease pressure on household finances in a number of ways. But there’s a right and a wrong time to sell your ...