Articles by Jessica Anne Wood
Investment guide to Taste Holdings
Taste Holdings, one of South Africa’s largest quick service restaurant (QSR) franchisors, is reportedly facing financial difficulties, relying on relative new entrant to the market, Starbucks, to help lift it out of the doldrums...
Investing in Steinhoff
International discount retailer Steinhoff has made it onto the Bloomberg list of stocks to watch in 2017. Stefan du Toit, stockbroker at PSG Wealth Durbanville, noted that the list contains some of the largest and most followed globally listed companies.
What should stores tell you before opening an account?
Many stores offer consumers the option of opening an account. This access to credit allows you the ability to buy items you otherwise would not have been able to purchase. However, stores still need to carry out affordability assessments, and pr...
Is the R10 social grant increase enough?
The rising cost of living, coupled with the current tough economic environment means that money is not going as far as it once did. While Treasury has seen fit to increase the child support grant to R360, it still begs the question whether or no...
Capitec back on line
Over the weekend, Capitec Bank reportedly suffered a problem with its banking services. According to Fin24, the system issue affected card swiping and ATM services.
Social grants to see changes?
The Department of Social Development has submitted amendments to the Social Assistance Act for public comment. At a media briefing, Minister of Social Development Bathabile Dlamini, announced the proposed changes to the Act, which include i...
Domestic worker wage increases
The increase for domestic worker wages, effective from 1 December 2016, was announced by the Department of Labour on Monday.
Should you pay historical debt on your property?
A ruling by the Pretoria High Court stated that property owners and tenants should not be burdened with historical municipal debt from old owners or tenants. Several property owners went to court after their properties experienced elec...
Granting credit through psychometric testing
Credit bureau Compuscan has partnered with UK-based Coremetrix to bring a personality-based credit assessment to South Africa. This new credit assessment method will be used in conjunction with traditional scoring techniques, but will also inclu...
Earn eBucks with FNB Life
If you are a First National Bank (FNB) Life customer with a life cover policy through the bank, you can now earn up to 15% on your monthly premiums back in eBucks. Some customers can also collect 1000 eBucks rewards level points each month.
Flooding and insurance claims
The damaged caused by the storms and flooding has seen a surge in insurance claims. Natasha Kawulesar, head of client relations at OUTsurance, said: “Due to the higher than normal volume of claims, it is difficult to commit to a time fram...
How Brian Molefe’s replacement might be no better
CEO of Eskom Brian Molefe announced his resignation this afternoon. This follows allegations made against him in the Public Protector report on State Capture.