South Africa’s retirement landscape is set for a significant overhaul with the introduction of the two-pot retirement system, slated to begin on September 1, 2024. This new framework aims to provide greater flexibility for members of pension and provident funds,…
In recent years, South Africa has grappled with a profound energy crisis, impacting millions across the nation. This crisis is not just about power cuts but extends to the financial burdens and social inequalities it exacerbates. As the government and…
In the complex landscape of financial services, where consumers interact daily with banks, insurers, and investment firms, disputes and grievances can arise. To safeguard consumer rights and ensure fair play, South Africa has established the Office of the Ombud for…
In the ever-evolving landscape of technology, several key players are not only shaping the industry but also impacting global markets significantly. Let’s delve into the latest developments from Nvidia, Meta, Tesla, and Broadcom, highlighting their financial strides and future roles.…
Tax season is upon us, and as individuals and businesses prepare to navigate the complexities of filing taxes, it’s essential to stay abreast of the latest developments from the South African Revenue Service (SARS). Here’s a concise summary of the…
In a historic move reminiscent of the birth of South Africa’s democracy, President Cyril Ramaphosa has announced the African National Congress’s (ANC) intention to establish a Government of National Unity (GNU). This decision comes in the wake of the recent…
As South Africans brace themselves for what seems to be a prolonged period of high interest rates, understanding the dynamics behind these decisions and their impact on everyday life becomes increasingly crucial. Let’s delve into the intricacies of interest rates,…
In an era where digital transformation is accelerating, South Africa faces an escalating threat from cybercriminals. The financial sector, a prime target for cyber-attacks, is witnessing a surge in fraud and sophisticated scams. As highlighted by the Southern African Fraud…
South Africa is witnessing a steady exodus of multinational corporations, a trend that is reshaping its economic landscape in profound ways. This corporate retreat raises several critical questions: Why are these corporations leaving? What impacts will their departures have on…