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Electricity tariff to increase by 2.2 % in 2017

Electricity tariff to increase by 2.2 % in 2017

27 February 2017 · Danielle van Wyk

The National Energy Regulator of South Africa (NERSA), announced last week that Eskom can implement a 2.2% tariff increase for the 2017/18 period.

Fuel relief for consumers in March

Fuel relief for consumers in March

26 February 2017 · Jessica Anne Wood

Following the announcement that the fuel levy is increasing from April, consumers can enjoy a slight decrease in fuel price in March. 

How to make the most of the budget speech

How to make the most of the budget speech

23 February 2017 · Jessica Anne Wood

First National Bank (FNB) stated that for the 2017 Budget Speech, National Treasury had very little room to manoeuvre. However, it believes that Treasury did its best to deliver a progressive budget that “stays the course of fiscal consol...

Investment guide: MTN

Investment guide: MTN

23 February 2017 · Jessica Anne Wood

Despite the fine imposed on MTN in Nigeria for failure to disconnect unregistered numbers and the impact this had on its share price, reports indicate that the mobile network provider may still be a good investment. This guide looks at...

Reassessing your insurance in 2017

Reassessing your insurance in 2017

23 February 2017 · Jessica Anne Wood

Each year it is advised that you reassess your insurance policies. Throughout the course of a year there are a number of things that may arise and change the required cover or value of your insurance. According to Wynand van Vuuren, head of lega...

Budget Speech: The fuel levy

Budget Speech: The fuel levy

23 February 2017 · Jessica Anne Wood

The Automobile Association of South Africa (AA) noted that the 30 cents per litre increase in the fuel levy and the 9 cents per litre increase in the Road Accident Fund (RAF) levy is a cause for great concern. The additional 30 c/l in the fuel l...

Drought: City of Cape Town won’t switch off water

Drought: City of Cape Town won’t switch off water

23 February 2017 · Jessica Anne Wood

Claims circulated earlier this week purported that the City of Cape Town would be switching off water on 29 and 30 March for four hour intervals in order to conserve water. According to the message in circulation, this was the implementation of ...

Budget Speech 2017: Social assistance grants see increases

Budget Speech 2017: Social assistance grants see increases

23 February 2017 · Jessica Anne Wood

Minister of Finance Pravin Gordhan announced during the Budget Speech on Wednesday that social assistance grants will be increased from April in order to compensate for consumer price inflation.

The 2017 tax changes that will affect you

The 2017 tax changes that will affect you

21 February 2017 · Jessica Anne Wood

Minister of Finance Pravin Gordhan announced a number of changes to tax for the 2017/2018 tax year. These proposals aim to raise an additional R28 billion in revenue.

Hospital co-payment relief for Bonitas’ members

Hospital co-payment relief for Bonitas’ members

21 February 2017 · Jessica Anne Wood

Bonitas Medical Fund has reached an agreement with the Life Hospital Group to waive the 30% co-payment on hospital admissions for the scheme’s members. This co-payment previously impacted 14 demarcated hospitals.

Why the 45% increase in personal income tax is good news

Why the 45% increase in personal income tax is good news

21 February 2017 · Angelique Ruzicka

A new top personal income tax rate of 45% for those with personal incomes above R1.5billion has been announced by Finance Minister Pravin Gordhan in his Budget Speech today. But this may be a good thing as it could encourage people to invest mor...

Drought damage is not covered by insurance

Drought damage is not covered by insurance

20 February 2017 · Jessica Anne Wood

The ongoing drought has seen tougher water restrictions implemented by the City of Cape Town. Among the many restrictions is a limitation on filling swimming pools, and the requirement for pools to be covered to reduce evaporation and ...

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