28 March 2025
Planning to Register Your Solar System? Expect Costs Up to R30k
The Electrical Contractors Association of South Africa has warned that individuals who have installed solar power systems may need to budget up to R30 000 ...
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28 March 2025
Important Notice for South African Homebuyers
South Africa’s property sector has expressed dissatisfaction with the Reserve Bank’s Monetary Policy Committee (MPC) decision to keep interest rates unchanged. Although the outcome was ...
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26 March 2025
South Africa’s Salary Increases Come with a Catch
South Africans receiving salary increases exceeding 5% in 2025 may find themselves worse off financially due to stagnant tax brackets. Despite earning more on paper, ...
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25 March 2025
Four Upcoming Banks Entering the South African Market
South Africa’s well-established and highly regarded banking sector is set to experience increased competition as several new banks prepare to enter the market. These new ...
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24 March 2025
Important Notice for South African Remote Workers
The South African workplace landscape is undergoing a transformation as many employers move away from remote work arrangements and require employees to return to the ...
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24 March 2025
Tough Times Ahead for South African Renters
The cost of renting a home in South Africa has reached unprecedented levels, creating financial strain for tenants across the country. With rents rising faster ...
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24 March 2025
Scammers Are Using This New Tactic to Steal Your Savings
A new security report has revealed a surge in cybercriminal activity targeting smartphones to gain unauthorised access to banking accounts and financial credentials. Criminals are ...
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23 March 2025
A Closer Look at South Africa’s 2025 Budget
Finance Minister Enoch Godongwana delivered the much-anticipated 2025 National Budget Speech on Wednesday, 12 March. The budget outlined key aspects of South Africa’s current economic ...
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23 March 2025
South African Taxpayers to Benefit from Positive Changes
Finance Minister Enoch Godongwana tabled the revised 2025 Budget on Wednesday, 12 March, presenting a more favourable outcome for South African taxpayers than the initial ...
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23 March 2025
Financial Strain on South African Homeowners with Bonds
Despite the easing of inflation and reductions in interest rates, many South African homeowners with bonded properties remain under significant financial pressure. This is reflected ...
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22 March 2025
The Financial Risks of Earning More Than R400 000 in South Africa
A recent analysis has revealed that while South Africans earning more than R420 000 annually enjoy a more stable income, they are burdened with substantial ...
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17 March 2025
Experts Warn That Picking the Wrong Solar Installer Could Cost You
As South Africans face ongoing load shedding and escalating electricity costs, many households are turning to solar energy as a more reliable and sustainable alternative. ...
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22 March 2025
Uncertainty Over April 2025 SASSA Child Support Grants
More than 13 million South African beneficiaries who rely on the SASSA Child Support Grant remain in limbo as uncertainty surrounds the April 2025 payments. ...
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16 March 2025
April 2025 Petrol and Diesel Price Update Brings Great News
Early indicators suggest that South African motorists could see a welcome reduction in petrol and diesel prices next month. The latest projections indicate a significant ...
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22 March 2025
Take-Home Pay in South Africa Recovers Significantly in 2025
South Africa’s take-home pay has shown significant growth at the beginning of 2025, with approximately four million salary earners benefiting from an upward trend. BankservAfrica’s ...
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15 March 2025
How Climate Change Puts South African Retirement Savings at Risk
As global warming continues to accelerate at an alarming rate, the impact on economies and financial markets is becoming increasingly apparent. Extreme weather events, such ...
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9 March 2025
Overdraft Data to Be Reported to Credit Bureaus from March 2025
Effective 1 March 2025, credit providers offering overdraft facilities are now obligated to submit consumer overdraft data to credit bureaus, a move designed to enhance ...
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17 March 2025
SASSA Pension Grant Raised! Find Out the New Payment Amounts
With the upcoming increase in South African Social Security Agency (Sassa) old-age grants set to take effect in April 2024, many pensioners may be wondering ...
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17 March 2025
Major Solar Rule Changes by Eskom – What Homeowners Must Know
As South Africa continues to navigate its energy crisis, an increasing number of households and businesses have turned to solar power to mitigate the impact ...
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24 March 2025
R20 000 Monthly Income? Important Warning for South Africans!
A recent warning from Standard Bank highlights the deepening financial crisis among South Africa’s working-class population, who remain burdened by debt and unable to transition ...
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18 March 2025
Potential VAT Increase Could Deepen South Africans’ Financial Struggles
The unexpected delay of Finance Minister Enoch Godongwana’s Budget Speech last week sent shockwaves throughout South Africa. The postponement fuelled widespread speculation, particularly after reports ...
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9 March 2025
South Africa’s Unemployment Rate Drops to Lowest in Over a Year as Key Sectors Strengthen
South Africa’s unemployment rate showed a slight decline in the final quarter of 2024, reflecting a modest increase in employment within key sectors such as ...
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2 March 2025
Poll Suggests South Africa Will Reduce Inflation Target in 2026
South Africa is expected to hold off on revising its inflation target until at least 2026, prioritising urgent economic challenges such as slow growth and ...
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9 March 2025
Stage 6 Load Shedding Leave South Africans in the Dark
South Africa has once again been plunged into severe power cuts as Eskom escalated load shedding to Stage 6 in the early hours of Sunday, ...
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25 March 2025
How Payments Are Becoming Faster, Smarter, and More Secure
The financial landscape is undergoing a profound transformation as digital transactions redefine the way businesses and consumers interact. At the core of this shift are ...
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1 March 2025
SASSA Gold Cards Will No Longer Work After 28 February 2025
The South African Social Security Agency (SASSA) and Postbank have issued a strong appeal to all social grant beneficiaries, advising them to replace their existing ...
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28 February 2025
South Africans Using Banking Apps Warned of Security Risks
A new study has revealed a worrying surge in fraud linked to banking apps in South Africa, as financial services continue shifting towards mobile platforms. ...
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21 February 2025
How a Strong Credit Score Can Help Your Small Business Grow in South Africa
Owners of Small, Micro, and Medium-sized Enterprises (SMMEs) in South Africa recognise that securing business funding is an essential component of achieving sustainable growth. However, ...
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28 February 2025
Massive Spending Surge Among South African Shoppers
Consumer spending surged throughout December 2024 in South Africa, driving an enormous increase in retail transactions and contributing to a total of nearly R88 billion ...
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17 February 2025
How Falling Interest Rates Are Influencing SA’s Rental Market in 2025
Despite ongoing economic challenges and persistently high inflation, South Africa’s rental property sector demonstrated remarkable resilience throughout 2024. However, a series of rapid interest rate ...
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24 March 2025
Can South African Banks Really Lock You Out of Your Home?
South African banks possess extensive powers that enable them to protect their financial interests, but these measures can sometimes have serious and unforeseen consequences for ...
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21 February 2025
Expect Higher Insurance Premiums in South Africa
The increasing frequency and severity of climate-related disasters are expected to push up insurance premiums for South African policyholders. While natural disasters were previously considered ...
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21 February 2025
Institute Calls for More Certified Financial Planners in South Africa
South Africa’s financial planning sector has reached a significant milestone, with over 5,000 professionals now qualified to use the Certified Financial Planner (CFP®) designation. This ...
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16 February 2025
What Increased Credit Demand Means for Consumers in South Africa
With increasing optimism about financial stability, many South Africans view access to credit as a vital tool for achieving their personal and economic goals. The ...
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21 February 2025
SRD Grants Suspended for Suspicious Beneficiaries, Says SASSA
The South African Social Security Agency (SASSA) has taken decisive action to address concerns over fraudulent activities linked to the Covid-19 Social Relief of Distress ...
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21 February 2025
Court Decision Paves Way for Easier SRD Grant Applications
The North Gauteng High Court situated in Pretoria delivered a significant judgment on Thursday, which could improve access to the Social Relief of Distress (SRD) ...
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10 February 2025
Why Debt Review Isn’t Always the Ideal Solution
Persistent worries about debt and financial struggles can significantly harm your overall quality of life, health, and mental well-being. The constant stress of managing debt, ...
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21 February 2025
How Cryptocurrency Is Shaping the Future of Retirement Savings
Pension funds are crucial investment vehicles designed to manage individuals’ retirement savings. Their primary objective is to promote long-term financial planning, ensuring retirees have a ...
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9 February 2025
Struggling with February Bills? Practical Solutions Ahead
Financial education specialist, Salem Nyati, provides practical strategies for South Africans facing the financial strain of February, a month often fraught with economic challenges. Key ...
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9 February 2025
Higher Prices in South Africa – And Experts Predict More to Come
Inflation experienced a slight increase in December 2024, aligning with market expectations. Despite the uptick, inflation continues to rest at the lowest level within the ...
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9 February 2025
Exploring the 2025 Used Car Market in South Africa
The used car market has undergone significant transformation in recent years, presenting both challenges and opportunities for sellers. For individuals aiming to sell a well-maintained ...
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3 February 2025
Big Penalties for Mishandling Credit and Debit Cards in South Africa
Nedbank has issued a reminder to South Africans about the importance of adhering to regulatory requirements governing the use of credit, debit, and virtual cards. ...
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3 February 2025
Ways Families Can Tackle Rising Education Costs
As the academic year begins, households across South Africa face growing financial pressures. The steadily increasing cost of education is placing significant strain on family ...
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31 January 2025
South African Banks Under Parliamentary Scrutiny for Lending Practices
The Portfolio Committee on Trade, Industry, and Competition, together with the Standing Committee on Finance, has announced plans to convene a critical meeting with major ...
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31 January 2025
South Africa’s GDP Overshadowed by Elon Musk’s Wealth
South Africa-born entrepreneur Elon Musk, renowned for his leadership of Tesla and SpaceX, has seen his wealth climb to an astonishing $426 billion (equivalent to ...
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16 March 2025
Petrol Costs Set to Climb Higher in February 2025
The latest projections indicate that South African motorists are set to face even more challenging times with steep increases in petrol and diesel prices expected ...
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2 March 2025
South Africa’s Economy Poised for Recovery After a Decade of Challenges
South Africa’s economic prospects appear to be improving after more than a decade of sluggish growth. This renewed momentum is supported by a combination of ...
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28 January 2025
2024 Sees New Vehicle Sales Slowdown, Optimism for 2025 Growth
The South African new vehicle market continues to grapple with the challenges of returning to pre-pandemic sales levels. Data for 2024 reveals a 3.0% year-on-year ...
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6 February 2025
Is Your Tax-Free Savings Account Realising Its Maximum Potential?
As the tax year-end on 28 February approaches, individuals still have the chance to optimise their tax-free savings and take full advantage of the benefits ...
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26 January 2025
How a Weak Rand in 2025 Could Work in Investors’ Favour
The rand has recently been hovering near a nine-month low, primarily due to the continued strength of the US dollar. This raises questions about whether ...
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9 February 2025
Will January Bring Relief? SARB’s Interest Rate Announcement Awaits
South Africans are eagerly awaiting the Monetary Policy Committee’s (MPC) interest rate decision, to be announced on 30 January 2025 by South African Reserve Bank ...
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12 January 2025
How to Survive Januworry: 10 Practical Money-Saving Tips
The holiday season has come to an end, and with it comes “Januworry”—that dreaded month when finances are under more pressure than ever! After weeks ...
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23 March 2025
What Drives Consumer Spending and Debt Decisions in Modern Households? South Africa Q4 2024
The quarterly Consumer Pulse Study conducted by TransUnion examines the evolving financial habits, perceptions, and behaviours of South African consumers. It sheds light on how ...
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21 February 2025
Africa’s 10 Most Expensive Cities to Live In
The cost-of-living index provides a critical measure of how much people need to spend on essentials like food, transportation, utilities, and healthcare. When these costs ...
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