This Week In Review: 24 - 28 May

By Staff Writer

Monday:
Electricity price-hikes are set to hit South Africa hardest during the months of winter and Jacob Zuma has encouraged citizens to save electricity so that load-shedding can be avoided. Read more about Zuma asking South Africans to save electricity.

Tuesday

A recent report by the NCR revealed that the value of new credit granted in the fourth quarter of 2009 increased by 18.13%. Read more about unsecured credit increasing.


Wednesday
With unsecured credit on the up - the NCR has encouraged South Africans to opt for wise financial planning in order to avoid the debt trap. Read more about needing to avoid the debt trap.


Thursday
Finance Minister Pravin Gordhan has said that despite the recession being over the economic times that lie ahead are pretty uncertain. Read more about the uncertain economic times.

Friday
The three-week long strike which left many South African commuters frustrated and stranded finally came to an end on Friday but what was the cost? Read more about how much the Transnet strike cost South Africa.

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Featured Your guide to debt counselling

The National Credit Regulator (NCR) reported more than 20 million consumers to be in debt in 2018 and 40% of them were behind with their payments. Due to the economic conditions in the country, many consumers find themselves incurring too much debt that they cannot repay.

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Should you take a sabbatical this year?

In South Africa, sabbaticals are not as common among the general workforce – but they have become popular among executives and CEO’s. Justmoney finds out what a sabbatical is, how to convince your employer to let you take one, and how to manage your finances before and while you’re away.

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A photographer’s journey into entrepreneurship

This week Justmoney chatted to this 25-year-old to understand what makes her tick, what her thoughts on money management are, and the financial advice she has for other young entrepreneurs.

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Travel insurance through medical aid: Is it enough?

Having travel insurance as an added benefit with your medical aid is common practise, but what does it cover and is it enough?

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