Beplanning onderwerpe
While remote and hybrid work arrangements have recently started to decline as the return-to-office trend has gained momentum around the globe, many companies continue to embrace these models to attract and retain top talent. The working-from-home option does impact how South Africans use their…
First-time buyers now make up nearly half of home-loan applications in South Africa. While the average age has crept up from 34 to 36 over the past decade, many are still young professionals without dependants – some even buying to rent. Most new homeowners purchase properties priced…
As Sars (South African Revenue Services) continues to enhance its Compliance Programmes by modernising its systems and integrating artificial intelligence to better identify instances of non-compliance, so too is the revenue collector bolstering the manpower behind its tax debt collections team.…
Long-term insurance spans a wide range of products and providers, and plays a critical role in financial planning. These products meet different needs throughout life, and careful structuring is essential to ensure they support your broader financial goals. This article explores the strategic use…
In this tough economic climate, many policyholders are forced to make difficult financial decisions, sometimes sacrificing their short-term or non-life insurance coverage to save money, says Edite Teixeira-Mckinon, Lead Ombud of the Non-life Insurance Division of the National Financial Ombud Scheme…
In a world where rising living costs are tightening household budgets across South Africa, one Durban mother has turned her financial savvy into a force for community upliftment. Meet Ncumisa Ndelu, a 48-year-old whose determination to stretch her family’s resources ignited 1 Family, 1…
If you’re ever involved in a motor vehicle accident and it’s not your fault, the first thought is generally, ‘I hope they have insurance’. If they do, you can likely claim from their third-party insurance policy for incurred damages to your vehicle. Third-party insurance is a crucial yet often…
Waiting too long to join a medical scheme could cost people dearly later in life, when late joiner penalties can significantly increase their monthly medical aid contributions, according to Michael Emery, marketing executive at Ambledown Financial Services. He advises that South Africans should…
South Africa has long been regarded as a nation passionate about cars, with many buyers loyal to specific brands and models. However, with the steady influx of new models, consumers now have more choices than ever. While the appeal of owning a new vehicle remains strong, financial realities dictate…
There are many restrictions for South Africans attempting to do business offshore. Through dual nationality, or residency in another country, entrepreneurs are able to put overseas structures in place and set up bank accounts offshore, without having to relocate. In addition, visa-free…
The Western Cape Division of the High Court recently delivered a significant judgment in Noluvuyo Simayile-Sigijimi v Road Accident Fund, highlighting key issues of negligence and liability in pedestrian-related road accident claims. The claimant was struck by a minibus taxi while…
For many South Africans, “budget” is often associated with sacrifice—tightening the belt, cutting back, and feeling financial pressure. But managing your money doesn’t have to feel restrictive. Through a simple act of semantic reframing—shifting from “budgeting” to “tracking your cash flow”—you can…
According to a 2024 report from Lightstone, women are driving the local property market. Women-only buyers own 38% of residential properties, compared to just 29% owned by men. But property ownership isn’t the only challenge women face. A report by Stats SA revealed that 45.4%…
Expats Among Millions of South Africans Tapping into Two Pot-Windfall John-Paul Fraser, Team Lead: Cross Border Taxation at Tax Consulting SA; and Shuanita de Wet, Retirement & Pension Fund Specialist at Tax…
Corrie KrugerThe Budget fiasco reveals the state of the nation’s finances. South Africa has run out of money. This comes at a time when many state institutions have failed. It is not newsworthy to list them all, but we need to add the failing justice system to the list, as…
A pension fund is obliged to provide the Pension Funds Adjudicator (PFA) with requested information without obtaining consent from beneficiaries, says Muvhango Lukhaimane, the PFA. According to Lukhaimane, funds cannot use the Protection of Personal Information Act (POPIA) as an excuse to…
With South African salaries slowly falling behind the rising cost of living, side hustles are becoming a practical and increasingly popular way for enterprising people to make up the shortfall.Over the past five years, nominal take-home pay rose by 22.8%, but cumulatively inflation has increased by…
Martin Hesse Debt is like deceit: a minor transgression can trigger a series of increasingly darker ones, each to cover up the previous one, until the situation is worse than anything you could have imagined. On the financial front, the scenario might look like this:Transgression #1…
Cryptocurrency has changed the way we think about money, but for many South Africans, it’s still an unfamiliar and confusing space. It’s digital, fast-moving, and full of both opportunities and risks. And while crypto offers exciting ways to invest and make transactions, it also comes with scams,…
The phone rings, and it’s some sort of telemarketer on the other end. It’s hard to tell because the line isn’t the best. After checking that they have their victim, they say: “I have your information in front of me, and you are paying too much interest.”Of course, when probed, they vacillate and…