Articles by Jessica Anne Wood
Motorists breathe easy in September
Fuel prices will be decreasing again in September, the Department of Energy announced today.
SAA – Is it time to privatise?
The question of whether or not South African Airways (SAA), the country’s national carrier, should be privatised, has been asked many times over the past few years. Justmoney investigates this claim.
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.
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.
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...
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.
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).
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%.