Guiding consumers since 2009

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.

Recent Articles

Featured It’s possible to change your marriage regime

Many people wed before they sign an antenuptial contract (ANC). This is especially practiced by people in customary marriages and those not clued up about the ANC. The law says if there’s no ANC before the wedding takes place, the marriage will automatically be in Community of Property. 

Keep this in mind when taking out new financial products

Adding a product to your personal finance portfolio, such as insurance or an investment, is a big decision. We found out what you should keep in mind before taking out a new product, how you can assess the products you already have, and how you can generally improve your financial position.

Are you in debt denial?

With debt levels increasing at 13% more than income levels, South Africans are more debt-stressed now than arguably ever before. This is iterated by the National Credit Regulator’s (NCR) report that nearly half of credit-active consumers in South Africa have damaged credit records. However, only a few seek the necessary help.

Why should you invest in a mutual bank?

Often when people think about banking, they always think about commercial banks. Mutual banks hardly come to mind, but these banks offer investment opportunities that are often overlooked.

 

Deals

Aurora Spa 100-minute Treatment Special

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When: Until 31 March
Where: Century City

Woodstock Grill and Tap Steak Thursdays

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When: Thursdays
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KFC 5+5 Special

Price: R65
When: Until 25 February 2020
Where: Nationwide