The number of British entrepreneurs looking to "buy" citizenship from countries offering visa-free access to the European Union has risen sharply, investment migration firms say.
Posted: September 26, 2020, 9:55 am
Medical schemes are starting to announce their contribution increases for next year – with the first three large open medical schemes announcing average increases of 3.9%; 4.6% and 5.9%.
Meanwhile, the Council for Medical Schemes (CMS) has issued a circular encouraging schemes to keep their contribution increases flat or in line with inflation.
Posted: September 24, 2020, 10:48 am
Your health and how it affects your ability to work may feel like something personal, but if you have been off work with a disability, making your own decisions about when to return could have severe financial implications.
A Sowetan reader who worked for a steel manufacturer was injured at work last year and spent more than a year recovering from a pelvic fracture at home.
Posted: September 24, 2020, 10:40 am
A consumer who entered into debt counselling via WhatsApp has been released from the process after her debt counsellor admitted to a number of serious misdeeds, including not explaining to her the consequences of going into debt counselling and allowing people who aren’t registered debt counsellors to perform these services.
Posted: September 24, 2020, 9:39 am
Are your lifestyle and family needs far too demanding to consider long-term financial planning? So many people hold doubts about the future, which makes focusing on short-term financial needs more doable. But long-term financial planning is the foundation of a healthy financial life for all of us.
Posted: September 24, 2020, 9:26 am
More than 1,000 people have joined a Facebook group dedicated to boycotting Panda Clothing, a brand associated with Cape Town businessman Donovan Tooth
Posted: September 21, 2020, 12:52 pm
The Trump administration will ban WeChat and video-sharing app TikTok from U.S. app stores starting Sunday night, a move that will block Americans from downloading the Chinese-owned platforms over concerns they pose a national security threat.
Posted: September 18, 2020, 2:16 pm
The business rescue practitioners of SAA said on Friday they had received a letter from government indicating that cabinet was committed to providing a R10bn cash injection for the airline.
Posted: September 18, 2020, 12:07 pm
We are investigating the effect of the Covid-19 lockdown on SA's SMEs
Posted: September 18, 2020, 7:58 am
The owners of the luxurious Fairmont Zimbali Hotel announced on Thursday that the hotel has entered into business rescue
Posted: September 17, 2020, 1:08 pm
If you are one of more than three million taxpayers to have received an auto assessment, you need to go through your return very carefully before you simply click accept.
Non-provisional and provisional taxpayers who submit via eFiling have until 16 November and January 29 2021 respectively to submit returns.
Posted: September 17, 2020, 10:13 am
Low-cost health insurance plans that give you access to private doctors for out-of-hospital care will be able to continue for another 18 months as insurance policies.
Beyond that it is likely that they will have to convert to a low-cost medical scheme option with benefits determined by the Council for Medical Schemes (CMS).
Posted: September 17, 2020, 9:37 am
You can now pay a merchant or service provider via electronic funds transfer (EFT) without having to download another payment app which munches up your data and space on your phone.
Mobile payment apps such as Snapscan, Zapper and Masterpass all take up space on your phone and to use them to pay a merchant, you must have data.
Posted: September 17, 2020, 7:52 am
With all the negative things happening in the world right now, it’s encouraging to see one positive development: women have broken the silence and are starting to stand up for themselves – in business, civil society and politics.
But stereotypes still persist, like women are spenders not savers; they’re not worthy of high-paying jobs; and they cannot take care of themselves financially without a man.
Posted: September 17, 2020, 7:11 am
SA’s new space infrastructure hub will boost local space industry capabilities and provide data sourced from new satellites geared to local needs, the National Space Agency said on Wednesday.
Posted: September 16, 2020, 5:29 pm
The AA says motorists can look forward to fuel price reductions at month-end, with petrol expected to drop between 26c and 36c a litre, and diesel down by a whopping 88c.
Posted: September 15, 2020, 12:59 pm
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Posted: September 15, 2020, 7:02 am
Japan's Nissan Motor Co will issue $8bn in dollar-denominated debt (roughly R134.05bn) and is considering euro-denominated bonds, it said on Friday, as the troubled automaker looks to diversify its funding.
Posted: September 11, 2020, 3:36 pm
Finalising the termination of aircraft leases and securing funding are the two outstanding issues that are critical to the implementation of the SAA business rescue plan.
Posted: September 10, 2020, 1:32 pm
If ever you needed to have your wits about you, it’s now. Scammers are looking for financially desperate and vulnerable people to exploit.
The household income of most South Africans has been hit hard by the Covid-19 pandemic, which makes us more vulnerable to falling for a get-rich-quick scheme.
Posted: September 10, 2020, 1:25 pm
South African Airways (SAA) needs short-term funding from the government by the end of next week for the state carrier's business rescue process to continue, its administrators said in a statement on Thursday.
Posted: September 10, 2020, 11:10 am
Once upon a time, moving in with your “other half” meant learning to live in a shared space and dealing with mundane issues such as who washed the dishes last. But in a society where little is permanent, the reality of moving in with your loved one, like many other things, means you need to read the fine print first.
Posted: September 10, 2020, 7:36 am
Funeral providers are upping their competition for business especially as people are worried about Covid-19 deaths. But before you are enticed by nice-to-have benefits, be sure you know what you are paying for.
Capitec entered the funeral insurance market just over two years ago offering what it said were premiums 30% cheaper than many competitors.
Posted: September 10, 2020, 7:18 am
Stokvel members need funeral cover and people with funeral cover also have a need to save. Imbewu StokVest thinks it makes sense then to offer funeral cover and savings in a product that looks like a stokvel.
Imbewu StokVest is an app which works like a funeral stokvel that was launched recently by Kunene Makopo Risk Solutions (KMRS), a registered financial services provider that offers medical and short- and long-term insurance solutions to companies.
Posted: September 10, 2020, 6:57 am
Retail giant Shoprite has revamped its money market account to enable businesses of all sizes, government agencies and non-governmental organisations (NGOs) to make use of it.
The free digital account was originally launched in 2018 for customers earning less than R8,000 a month.
Jean Olivier, general manager for financial services at Shoprite, says the changes enable the employers of these customers to also enjoy the benefits of the account.
Posted: September 10, 2020, 6:36 am
The Financial Sector Conduct Authority (FSCA) has lifted the suspension of the licence of an investment manager that it says invested beyond five pension funds’ mandates, putting about R390m at risk.
But the regulator says JM Busha Investments and its chief investment officer, Joseph Busha, may yet face administrative action.
Posted: September 9, 2020, 11:58 am
Zimbabwe's biggest nurses union said on Wednesday it was encouraging its members to end a pay strike which started in June and which forced major hospitals to turn away patients at a time the country is fighting the coronavirus pandemic.
Posted: September 9, 2020, 8:16 am
Mamelodi Sundowns-bound Highlands Park star Mothobi Mvala has attributed the team’s failure to finish in the top eight this season to the unfolding of the news that the club had sold their Premiership status, just a few games before the conclusion of the campaign.
It’s widely understood that Highlands are a step closer to selling their top-flight franchise to TS Galaxy owner and former football agent Tim Sukazi, subject to the Premier Soccer League’s approval.
Posted: September 9, 2020, 7:47 am
Pitso Mosimane has explained why he stuck by his captain Hlompho Kekana even as he appeared to struggle in some of Mamelodi Sundowns games as they staged a title bid that concluded successfully last week.
Kekana, 35, started all of Sundowns’ nine Absa Premiership in the Premier Soccer League’s bio-bubble that ended with the Brazilians snatching the trophy from Kaizer Chiefs on the last day.
Posted: September 9, 2020, 7:47 am
At the weekend, Safa Eastern Cape secretary Isaac Klaas sent a communication to the media that the third tier division would resume on October 1.
Posted: September 9, 2020, 7:32 am