News articles

RABS an affordable alternative to RAF
At a media event in Cape Town today, members of the Road Accident Fund (RAF) highlighted that the current model in unaffordable. The fund has been insolvent since 1981. However, a new system of dealing with road accidents on South Africa’...

Cape Town implements stricter water restrictions
Level 2 water restrictions were implemented in Cape Town on 1 January of this year. With the drought still ongoing and water shortages posing a challenge, the city has recommended the implementation of level 3 restrictions.

Why you will pay for the nuclear deal
Eskom will reportedly be the procurer for the nuclear build programme. However, there are concerns as to whether or not the state owned power entity will be able to fulfil its role. Chris Yelland, energy expert and managing director of...

Expected petrol price hike in November
Further fuel price hikes are likely next month, according to the Automobile Association (AA), based on unaudited mid-month fuel price data released by the Central Energy Fund (CEF).

Make money by renting out your car
Over the past few years the South African unemployment rate and economy has deteriorated. Looking for alternative ways to make money, Alina Hardcastle explores the latest transport trend, RentMyRide.

FSB steers public away from FSP imposters
The Financial Service Board (FSB) is warning the public to steer clear of Fidelity Loan Investment (Pty), an entity claiming to be a registered financial service provider (FSP).

Making online payments with a selfie
Remembering your credit card pin will soon be a thing of the past as MasterCard is allowing online shoppers to take a selfie to verify their identity when making payments.

Pravin called to court – the reactions
A statement released by National Treasury this week, confirmed the receipt of a summons from the Hawks. The summons relates to charges of fraud (or alternatively theft) by Minister of Finance Pravin Gordhan relating to the early retirement of So...

DA moves to have Hlaudi removed permanently
The Democratic Alliance (DA) has filed its founding affidavit in the Western Cape High Court to have Hlaudi Motsoeneng’s latest appointment to group executive of corporate affairs at the SABC declared invalid. At a media briefing, James S...

Minister of Finance summonsed for fraud
Pravin Gordhan, Minister of Finance, has been issued with a court summons for fraud by the National Prosecuting Authority (NPA).

Drinking age could increase to 21
Minister of Trade and Industry Rob Davies has released the Final National Liquor Policy for public comment. The draft policy was initially released last year. It proposes a number of significant changes to the current legislation aroun...

Fuel price increase - Tough times ahead for consumers
Fuel prices are increasing yet again. The Department of Energy announced last week that petrol will increase by between 43 and 44 cents per litre, while diesel will increase by 23 cents per litre.

