News

Your go-to source for finance updates, covering banking, savings, market news, and smart ways to handle your money.

Interest Rate Cuts

16 December 2024

South Africans Brace for Relief with 2025 Interest Rate Cuts, Yet Challenges Persist

The South African Reserve Bank (SARB) is expected to resume its cycle of interest rate cuts in January, following two consecutive months where inflati...

South Africans relying on credit

17 December 2024

Lifestyle Costs Push South Africans Toward More Credit

The year 2024 has proven to be one of the most financially challenging periods for South Africans. Persistently high interest rates have dominated mos...

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Average Salary in South Africa

16 December 2024

The Average Salary in South Africa Climbs—Find Out the New Figures!

The average salary in South Africa experienced a notable increase during the third quarter (Q3) of 2024, rising from R27 511 in May 2024 to ...<...

South Africa’s Betting Industry

15 December 2024

You Won’t Believe How Much South Africa’s Betting Industry is Worth in 2024!

The South African betting industry is experiencing unprecedented growth in 2024, with staggering figures highlighting its rapid expansion. The Nationa...

Steps to Avoid Januworry

15 December 2024

Holiday Cheer Without Fear: 10 Steps to Avoid Januworry

As the festive season unfolds and the New Year approaches, individuals are reminded to plan ahead for impending expenses. The arrival of January often...

The Best Banks in South Africa

15 December 2024

The Best Banks in South Africa: What the Survey Says

The South African Banking Sentiment Index, produced by DataEQ, has unveiled an in-depth comparison of how major banks in South Africa are perceived by...

Avoid Costly Spending Mistakes

14 December 2024

Protect Your Wallet This Festive Season: Avoid Costly Spending Mistakes

The holiday season is rapidly approaching, and many individuals find themselves making poor financial choices, often spending money on items that are ...

Economic Downturn

9 December 2024

Economic Downturn: SA Faces Third Quarter Decline

The South African economy experienced an unforeseen contraction of 0.3% when measured from the second quarter to the third quarter of the current year...

The Black Friday Rush

9 December 2024

The Black Friday Rush: Where South Africans Spent Their Money

Discovery Bank’s 2024 SpendTrend analysis revealed that e-commerce platforms gained greater popularity compared to physical stores during the Black ...

Standard Bank

9 December 2024

Standard Bank Outage Leaves Customers Stunned by Zero Balances

Many customers of Standard Bank expressed frustration on Monday morning due to technical issues with the bank’s app, which led to some users seeing ...

SASSA Childcare Grants

8 December 2024

SASSA Childcare Grants December 2024: All the Latest Changes

For December 2024, the administration of all three childcare grants falls under the jurisdiction of the South African Social Security Agency. Each mon...

South African Industries

15 December 2024

Want to Maximize Your Paycheck? These South African Industries are Leading the Way

Electrical engineers have been highlighted in recent research as some of the professionals seeing notable increases in their salary packages. Compensa...

Save on Your Home Loan

8 December 2024

Save Nearly R500,000 on Your Home Loan with the New Interest Rate—Here’s How!

Homeowners could potentially save over R480,000 in interest repayments on a R1.4 million property loan simply by contributing an additional R1,000 to ...

South Africa Startups

15 December 2024

South Africa’s Startup Scene Attracts Growing Investor Interest

The country is brimming with innovative business concepts, yet it remains crucial to cultivate a more robust support framework for these entrepreneuri...

Fuel price hike

3 December 2024

Bad News on Fuel Prices Expected to Hit Next Week

South African motorists are bracing for disappointing news as early projections for December 2024 fuel prices suggest increases across the board. Dies...

SA Reserve Bank Cuts Interest Rates by 0.25%

3 December 2024

SA Reserve Bank Cuts Interest Rates by 0.25%

South Africans have been granted some relief as the Reserve Bank cuts interest rates by 0.25%, offering a small break from years of financial strain

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