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Financially stressed out

Financially stressed out

Financially stressed out, drowning in debt and struggling to buy the basics, were the overwhelming results of two separate financial consumer surveys recently released. DebtBusters’ second annual Money-Stress Tracker, which surveyed 35 000...

Scams masquerading as stokvels

Scams masquerading as stokvels

Several scams have claimed to be stokvels in an attempt to gain legitimacy. The word stokvel tends to be used very loosely by people who are trying to legitimise a scam. At no point did United African Stokvel (UAS) ever operate as a stokvel. It was...

Cybercrime syndicates running rampant in SA

Cybercrime syndicates running rampant in SA

Recent data from TCG Forensics shows that South Africa is being overrun by cybercrime syndicates, with the country rapidly emerging as the ‘cybercrime capital’ of Africa. South Africa is poised to surpass Nigeria and its notorious ‘Nigerian Prince’...

Tax refund delays causing frustration

Tax refund delays causing frustration

Tax practitioners have been raising concerns about tax refund delays, while SARS says it is dealing with the challenges. While 90% of tax returns are processed without further verification by SARS, those taxpayers who are identified for further...

Why the NHI Bill is unworkable

Why the NHI Bill is unworkable

Jacqui Nel of Aon South Africa looks at some of the issues surrounding the implementation of the NHI Bill. On 12 June 2023, Parliament passed the National Health Insurance (NHI) Bill, and many stakeholders in the healthcare industry are concerned...

Counting the cost of loadshedding

Counting the cost of loadshedding

Earlier this year the Reserve Bank estimated that the cost of loadshedding to the economy is as high as R900 million a day. Apart from the impact that loadshedding is having on the economy's ability to grow, the cost of loadshedding is being felt...

When the cure kills

When the cure kills

Will higher interest rates do more harm than good? Rising interest rates appear to have had little impact on inflation, but higher interest rates are placing South Africans under significant financial pressure. The current interest rate cycle has...

Maya Fisher-French author of Money Questions Answered

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