Liable for Historical Debt Property owners are now threatened by the devastating prospect of having to repay piles of historical debt to municipalities accrued up to 30 years ago by […]
The dollar to rand exchange rate has South Africans frantic, after the rand plummeted to a record low of R17.99 against the dollar on Monday, 11 January 2016. While the […]
The new Maximum Interest Rates and Fees regulations for credit of all kinds have finally been published in the Government Gazette by the Minister of Trade and Industry, Dr Rob […]
Is your bad credit profile preventing you from getting a home loan? Having debt isn’t necessarily the cause, as many believe. The problem almost certainly lies with your credit profile. […]
Desperate Times Are you a sole breadwinner that has to support your spouse, children and elderly parents? These days, far too many South Africans are in this situation. Not being […]
Theory vs. Practice In theory, the upcoming repo rate hike should see consumers save money via improved returns. However, in practice, an interest rate hike will overstretch indebted households, leaving […]
73% of South African consumers believe that our country is in a recession or have a recessionary sentiment, according to the latest Nielsen’s Consumer Confidence Index Report for the second […]
NCC Warns Consumers Against MMM The National Consumer Commission (NCC) is warning consumers against an international pyramid scheme, now operating in our country as MMM South Africa. NCC spokesman, Trevor […]
The Financial Services Board (FSB) and the South African Reserve Bank (Sarb) have given African Bank (ABIL) their approval to relaunch itself as “Good Bank”, using its salvaged assets. In […]
Yesterday, the latest South African Customer Satisfaction Index (SAcsi) was released, revealing which of our country’s clothing retailers got the highest and lowest ratings for brand satisfaction, according to consumers. […]
Negative Equity Though home prices are on the rise, at the end of June, 7.4 million homeowners remained gravely underwater on their mortgages. This means that the outstanding balance they […]
Hit and Miss The Western Cape police arrested a 38-year-old man on a charge of perjury, after he confessed to lying about his firearm being stolen, for the purpose of […]