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Discovery Life fined by FSB

Discovery Life fined by FSB

20 October 2016 · Jessica Anne Wood

The Financial Services Board has fined Discovery Life and Regal Financial Services for contraventions to section 3A of the General Code of Conduct for Financial Services Providers. According to a Discovery Life spokesperson, the company has coop...

RABS an affordable alternative to RAF

RABS an affordable alternative to RAF

19 October 2016 · Jessica Anne Wood

At a media event in Cape Town today, members of the Road Accident Fund (RAF) highlighted that the current model in unaffordable. The fund has been insolvent since 1981. However, a new system of dealing with road accidents on South Africa’...

Cape Town implements stricter water restrictions

Cape Town implements stricter water restrictions

18 October 2016 · Jessica Anne Wood

Level 2 water restrictions were implemented in Cape Town on 1 January of this year. With the drought still ongoing and water shortages posing a challenge, the city has recommended the implementation of level 3 restrictions.

A gap in the affordable housing market

A gap in the affordable housing market

17 October 2016 · Danielle van Wyk

We take a look at the gap in the housing subsidy programme and market and what the way forward should be. 

Why you will pay for the nuclear deal

Why you will pay for the nuclear deal

17 October 2016 · Jessica Anne Wood

Eskom will reportedly be the procurer for the nuclear build programme. However, there are concerns as to whether or not the state owned power entity will be able to fulfil its role. Chris Yelland, energy expert and managing director of...

Expected petrol price hike in November

Expected petrol price hike in November

17 October 2016 · Alina Hardcastle

Further fuel price hikes are likely next month, according to the Automobile Association (AA), based on unaudited mid-month fuel price data released by the Central Energy Fund (CEF).

Make money by renting out your car

Make money by renting out your car

16 October 2016 · Alina Hardcastle

Over the past few years the South African unemployment rate and economy has deteriorated. Looking for alternative ways to make money, Alina Hardcastle explores the latest transport trend, RentMyRide.

Why you can’t Blame President Zuma for all your financial woes (even if you want to)

Why you can’t Blame President Zuma for all your financial woes (even if you want to)

16 October 2016 · Jessica Anne Wood

When things go wrong it is very easy to blame someone else. This week Finance Minister, Pravin Gordhan, blew the lid off “suspicious and unusual transactions” linked to the Guptas to the tune of R6.8 billion, and perhaps whatȁ...

Death and retirement benefit pay outs a concern

Death and retirement benefit pay outs a concern

16 October 2016 · Jessica Anne Wood

The delayed payments of death and retirement benefits by funds to members and beneficiaries is concerning. This is according to the 2015/2016 Annual Report released by the Office of the Pension Funds Adjudicator (OPFA). According to the report, ...

CMS’ annual medical schemes report in a nutshell

CMS’ annual medical schemes report in a nutshell

16 October 2016 · Danielle van Wyk

The Council of Medical Schemes (CMS) has released its annual report, which focuses on a comprehensive analysis of the South African private medical schemes industry.

FSB steers public away from FSP imposters

FSB steers public away from FSP imposters

13 October 2016 · Alina Hardcastle

The Financial Service Board (FSB) is warning the public to steer clear of Fidelity Loan Investment (Pty), an entity claiming to be a registered financial service provider (FSP).

Life after SABMiller

Life after SABMiller

12 October 2016 · Staff Writer

South African Breweries, SA’s largest brewing and bottling company, has officially been absorbed into AB Inbev, the largest brewer in the world. We posed a few questions to Nilan Morar, head trader at stockbroking company Purple Group, ab...

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