Who wouldn’t love a salary increase of over 5% this year? Most employees would be happy with a raise that keeps up with inflation. But in 2025, even an inflation-related increase might not be enough to keep up with the rising cost of living as the...
Attila Kadikoy, Managing Partner at Levantine & Co, warns wealthy individuals that tax authorities are increasingly adopting AI to help identify tax evasion. Many investors consider tax as a major contributor to wealth erosion – and rightly so....
This interview with Chris Axelson, acting head of tax and financial sector policy at National Treasury, will give listeners a window into how Treasury thinks when putting together a tax package. Our conversation provides invaluable insights into...
With short-term letting – and more specifically, letting through Airbnb – ramping up in South Africa, disgruntled owners and tenants are voicing their concerns when it comes to short-term letting properties contained in complexes, estates and...
We all spend a lot of time thinking about how much we should be saving for retirement, and what the best strategy is for those investments. But we often don’t spend much time thinking about what the best strategy is for using this money after we...
Parents who miss maintenance payments may soon find their access to credit affected. Ayanda Ndimande, Head of Business Development at Sanlam Credit Solutions, takes a closer look at new enforcement measures. The Department of Justice has introduced...
Last week was a very strange time to be a financial journalist. Journalists are usually given a copy of the budget before the Finance Minister tables it in Parliament. After spending the entire morning at Parliament writing our stories about the...
With the tax year-end only a few days away, provisional taxpayers must remember to make their second provisional tax payment. Danielle Luwes, Tax Director at Hobbs Sinclair Advisory, explains what is possibly the most mis-understood taxation in...
One of the most common question I receive is, "Where do I start investing?" With this in mind, I recently interviewed Adrian Hope-Bailie, founder of Fynbos Money, about this new investment platform, and how he aims to simplify the investment...
The Johannesburg Stock Exchange (JSE) recently launched a campaign entitled “Claim It”, urging South Africans to check if they are potential shareholders owed a portion of the R4.5 billion in unclaimed dividends. The Claim It initiative is a...
28 February marks the tax year-end. Everything up until this day will be part of your 2024/2025 tax filings. As this date approaches, it's crucial to focus on your financial affairs to ensure that you maximise any available tax deductions to lower your tax liability....
In this month of love, Lauren Jacobs, Senior Portfolio Manager at Satrix applies the concept of the five love languages to investing, and shares a quick quiz to help you pinpoint your “investing love language.” Are you the type of person who needs to be hands-on or do...
Did you know that nearly half of employed South Africans engage in side businesses? In this episode of the "My Money, My Lifestyle" podcast, I chat about the growth of the side hustle with my guest, business coach and mentor Willem Gous. Willem is the author of Side...
Have you made provision for who should care for your beloved animal friends after your death? A giant ginger cat called Kevin. A tiny guinea pig named Didi. Cheetah the Doberman. Many of us have pets we’ll never forget. They love us unconditionally. They are our...
Many of us believe that if we simply earned a bit more money, all of our financial issues would disappear. Yet so many South Africans who are considered high-net-worth individuals, are struggling with debt. They earn very good salaries, yet still have serious money...
The student loan application process can be complex, so do your homework and don’t get caught short. Rising tuition fees have resulted in rising demand for student loans. Standard Bank has noted a surge in student loan applications, including for post-graduate...
Fulufhelani Mashapha recently published her book Mind Your Cents - A Practical Approach to Financial Freedom. Fulu had asked me to read her draft copy and to write the book’s foreword, and I took the opportunity to interview her about her experiences as a young...
If you hold crypto assets, you need to understand crypto tax — how the South African Revenue Service (SARS) taxes your investments and trades. SARS has provided some guidance on how it handles the taxation of crypto assets, but many people still make mistakes that can...
What do you not know about your finances that may be hurting you? Knowledge is power, so isn't it time to find out? A couple of months ago, a friend of mine sent me the link to neuroscientist Dr Andrew Huberman's podcast on the effects of alcohol on our brains and...
Therèse Havenga, Head of Business Transformation at Momentum Savings, sets out how much a holiday can really cost you if you don’t plan ahead. I usually sleep too late when it comes to booking a holiday. I’m so task-oriented at work that holiday times seem to creep up...