Articles by Jessica Anne Wood

Responses to the rate hike
We look at some of the backlash following yesterdays repo rate increase announcement.

New business unit assists start-ups
A new business unit from MMI Holdings will assist start-up and growth companies.

Economy assisted by life insurance industry
South African life insurers injected R412.2 billion into the economy in 2015 through benefit payments.

Guptas offered Jonas Finance Minister position
Deputy Minister of Finance Mcebisi Jonas has come out claiming that he was offered the position of Minister of Finance by the Gupta family.

Minister Gordhan and the Hawks: Your questions answered
Justmoney provides six points that will help you better understand what is happening with the Hawks investigation.

Interest rate now at 7%
The interest rate has been increased to 7% effective as of 18 March 2016, while the prime lending rate is now 10.5%.

Interest rate hike anticipated
Ahead of the interest rate announcement today, experts anticipate an increase and explain what this could mean for consumers.

Old Mutual donates R2 million for UCT students
Old Mutual has donated R2 million to the University of Cape Town to help cover student expenses.

Customer demands R250 000 from Shoprite
A Shoprite customer has demanded R250, 000 from the company after a flask bought at their one store broke spilling boiling water on his wife and scared her.

Beware of illegal funeral policies – FSB
The FSB is investigating sic funeral policy providers for illegally selling the policies.

Old Mutual to sell stake in Nedbank
Old Mutual PLC has announced that it will be reducing its controlling stake in Nedbank Group.

Capfin offers one month interest free loan
Capfin is offering customers a one month interest free loan with a 10% initiation charge.

