Articles by Jessica Anne Wood

Can SASSA afford to pay out social grants?
The holding company of CPS, Net1 UEPS has apparently indicated that it will seek to increase the value of the contract. The issue of affordability arises here, as SASSA has limited funds to facilitate the payment of grants.

Why medical schemes don’t exist to make a profit
Many medical aid members often complain that their medical scheme is making money off of them. But can your medical scheme really profit off of you? The simple answer is no. A medical scheme is a ‘not for profit’ entity that perfor...

Pet insurance vs. medical aid: What’s the difference?
Pet insurance is often advertised as the animal alternative to medical aid. With the cost of not only human medical treatment increasing, but veterinary treatment for your pets as well, having insurance to help cover these costs is becoming incr...

Domestic workers - what are their rights?
With Human Rights Day a week away, Justmoney delves into the rights of domestic workers and the laws surrounding their employment.

COSATU: Bank charges are too high
The Congress of South African Trade Unions (COSATU) are calling for financial services to be more affordable and accessible for the disadvantaged and poor people of South Africa. It slammed the banks for charging too much in bank fees and argued...

FSB transition to FSCA: What you need to know
In 2017 the Financial Services Board (FSB) will transition to the Financial Services Conduct Authority (FSCA) under the Twin Peaks model of financial regulation.

SARS responds to questions on refunds
Following on from complaints by taxpayers that the South African Revenue Service (SARS) is apparently delaying the payment of refunds, Justmoney contacted SARS for commentary.

Money management app 22seven brought in-house
Old Mutual and 22seven announced that the running of the 22seven operation will be moved to Old Mutual’s in-house digital strategy department. The money management tool 22seven, while wholly owned by Old Mutual South Africa, was until rec...

ConCourt SASSA ruling: What you need to know
Last week the Constitutional Court (ConCourt) released its judgement in the case regarding the South African Social Security Agency and its contract with Cash Paymaster Services who oversees the payment of grants to recipients.

Investment guide: Old Mutual
A year after Old Mutual announced its separation plan, Justmoney looks at how this has impacted on the company’s stock performance, and what investors can look forward to when the company is separated.

Implement flexi time urges City of Cape Town
Traffic in and around the City of Cape Town has gotten steadily worse over past months, and even years. This has resulted in the City urging companies to introduce new work time structures to spread the flow of traffic into and out of the city, ...

Barclays Africa sale – an update
On 1 March 2016 Barclays PLC announced its intention to reduce its shareholding in the Barclays Africa Group Limited (BAGL). A year later, BAGL clams to have made significant progress. Barclays PLC intends to sell the majority of its s...

