Angelique Ruzicka spoke to the co-founder of Khula, a start-up that is disrupting South Africa’s farm-to-table supply chain, reaching the Chivas Venture final in Amsterdam. South African startup Khula was the only South African company that made it...
I recently received an unsolicited email from a company called Yes Money Loans. They claimed to be offering loans to blacklisted people at an interest rate of just 3.5% per annum. Considering they were marketing to desperate people who had been...
Life insurance is the easy part – you die, you get paid. But what about all those other insurances that we are told we need, like income protection, disability lump sum insurance and critical illness? What do they mean and when do we need them?...
I recently attended a briefing by Abel Sithole, the Principle Executive Officer of the Government Employees’ Pension Fund (GEPF), on the state of the fund's finances. What occurred to me during the discussion was how much better off GEPF pensioners...
Customers benefit as banks launch cost-effective banking solutions. The banking industry is certainly seeing an increase in competition, with the launch of TymeBank earlier this year and with the imminent launch of Discovery Bank. As part of the...
Given the technicalities around car insurance, it is not surprising that most complaints received by the Ombudsman for Short-Term Insurance relate to vehicle insurance and warranties. Maya (@mayaonmoney) and Mapalo (@womanandfinance) discuss what...
There are two main options when it comes to purchasing an annuity income: a guaranteed life annuity or a living annuity. If you are a member of a pension fund or have a retirement annuity, two-thirds of your final retirement amount must be used to...
The worst type of investing is trying to time the market. According to research done by investment research house Morningstar, more than half of the money that flowed into South African investment funds last year went to low-risk fixed-income...
In this week's My Money, My Lifestyle podcast, Maya (@mayaonmoney) and Mapalo (@womanandfinance) discuss the modus operandi of loan scams and also unpack the details of the Barlowworld Kula Zizwe BEE offering. To join the conversation send us a...
The first few years of paying off your home loan can be a very disheartening experience. Despite paying in thousands, if not tens of thousands of rands each month, the amount you still owe hardly budges. In the first few years interest makes up a...
With the collapse of Bitcoin from over R250 000 to around R70 000 today, the hype around cryptocurrencies has largely died down. It usually takes a wipeout for people to understand exactly what is meant by a risky investment. However, pundits argue that there is a...
Maya (@mayaonmoney) and Mapalo (@womanandfinance) discuss the best strategies for managing your income when you work for yourself ‒ and share their personal stories. To join the conversation send us a voice note to 064 554 3959.
The Credit Bureau Association (CBA) recently stated that credit bureaus will not hold information regarding outstanding e-tolls. Legally the bureaus could hold this information as SANRAL qualifies as a ‘prescribed person’ who could submit payment information to the...
Maya (@mayaonmoney) and Mapalo (@womanandfinance) discuss market predictions and also warn about why trying to time the market is the quickest way to lose money.
This year, to celebrate 180 years of banking, FNB has created an exhibition which is currently at Portside in Cape Town. In addition to documenting the history of FNB, it is a fascinating history lesson on the evolution of banking in South Africa. FNB started its life...
Unpacking the costs and benefits of various power options to alleviate the effects of loadshedding After losing five hours a day of productive time during loadshedding, I thought it was time to find a solution for my home office. This led to a wider investigation into...
Did you know that your marriage contract could see you responsible for your partner’s pre-marriage debt? Maya Fisher-French (@mayaonmoney) and Mapalo Makhu (@womanandfinance) discuss the ins and outs of marriage contracts in this week’s My Money, My Lifestyle podcast....
Many people wonder whether they should claim from their car insurance after an incident that causes minor dents or scratches on their vehicle. Sumarie Greybe, co-founder at Naked Insurance takes a look at when it makes sense to submit a claim. After the annoyance and...
If you are formally employed you might have been required to join your company’s contracted retirement scheme, and they would have asked you to nominate a beneficiary for the proceeds in case you die before retirement. However, if you chose a beneficiary that is not...
Why does that extra R500 paid into your home loan make such a big difference? Maya Fisher-French (@mayaonmoney) and Mapalo Makhu (@womanandfinance) have the answer in this week’s My Money, My Lifestyle podcast. They also look at why you should start saving as soon as...