Written or reviewed by Jessica Anne Wood
New debt relief framework to be introduced?
The Portfolio Committee on Trade and Industry is looking to introduce new measures to address debt. In a statement released by chairperson of the portfolio committee on trade and industry, Joanmariae Fubbs, she highlighted that the por...
Financial stress can increase risks of chronic disease
In tough economic times it is not difficult to imagine the financial stresses that many may be facing. However, a study presented by Momentum Multiply at the Actuarial Society of South Africa’s 2016 Convention revealed that high levels of...
Concerns over social grant payments from April 2017
According to reports, no clear arrangement has been made for the payment of social grants when the South African Social Services Agency’s (SASSA) contract with Cash Paymaster Services (CPS) ends in March.
South Africa avoids S&P downgrade
With the last of the large global credit ratings agencies, Standard & Poor’s (S&P) avoiding a downgrade of South Africa’s sovereign credit rating, the country has successfully navigated through the possibility of junk statu...
Life Healthcare: An investment guide
Life Healthcare is one of the three major private healthcare operators in South Africa. It recently announced the acquisition of 95% of UK-based Alliance Medical Group, which will spread its reach far beyond South Africa and its neighbouring countries.
Clicks partners with Shell for a new loyalty programme
Fill up at a participating Shell garage and get rewarded with Clicks ClubCard points. This comes following a new affinity partnership between health and beauty retailer Clicks and Shell South Africa. For every one litre of diesel or fuel that yo...
Lower fuel prices expected in time for Christmas
Ahead of the Department of Energy’s announcement on Friday, the Automobile Association of South Africa (AA) stated that motorists can look forward to lower fuel prices in December.
South Africa avoids junk status
South Africa has remained above sub-investment as ratings agencies FitchRatings and Moody’s Investor Service announced their ratings decisions on Friday. However, while Moody’s maintained a negative outlook for ...
How safe are Pick n Pay’s tap & go payments?
Pick n Pay stores nationwide are now offering a contactless ‘tap & go’ payment method for purchases under R200. According to the store, this will reduce queues at the tills.
Why the National Minimum Wage might not be good news
A National Minimum Wage (NMW) of R3, 500 has been proposed. Yet there are many people who are in disagreement with this on both sides of the fence. Some are arguing that R3, 500 is not enough to support households that often require on...
Property companies listed on the JSE
There are 61 property companies listed on the Johannesburg Stock Exchange (JSE), according to Samkele Nkabinde, communications officer for marketing and corporate affairs at the JSE. However, while there are several property companies listed on ...
Stricter laws to help over-indebted bank customers?
There is a debt culture in South Africa, as many families are forced to take on debt to provide the basics for their family, such as putting food on the table. While there are steps and procedures in place to help people who become over-indebted...