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Articles by Jessica Anne Wood

Consumers struggling with mortgage repayments

Consumers struggling with mortgage repayments

22 September 2016

Information released by credit bureau Compuscan revealed that during the second quarter of 2016 (Q2 2016) more people are struggling to make ends meet. This is not only limited to lower income households, but higher income earners as well. This ...

Biometric authentication may not be safe

Biometric authentication may not be safe

22 September 2016

A recent Kaspersky Lab report found that at least 12 sellers in the cybercrime world are already offering skimmers capable of stealing victims’ fingerprints.

Vodacom gets government contract

Vodacom gets government contract

18 September 2016

A Bloomberg report revealed that cellular network Vodacom has been awarded a four year contract to supply government. The details of the deal are not yet clear, however, the value of the contract is approximately R5 billion ($350 million).

Investment guide: Kumba Iron Ore

Investment guide: Kumba Iron Ore

15 September 2016

Kumba Iron Ore Limited (KIO) is a member of the Anglo American PLC Group and a registered equity issuer on the Johannesburg Stock Exchange. This guide looks at investing in KIO, and asks whether or not this is advisable given the company’...

Fuel prices expected to rise in October

Fuel prices expected to rise in October

15 September 2016

The respite in fuel prices may be at an end, with the industry warning of possible price hikes come October. 

SARS suspends Jonas Makwakwa

SARS suspends Jonas Makwakwa

15 September 2016

The South African Revenue Service (SARS) has suspended Jonas Makwakwa, second in charge at the tax agency. This follows reports earlier this week of suspicious deposits into Makwakwa’s personal bank account since 2010 amounting ...

MTN drops mobile money service

MTN drops mobile money service

15 September 2016

MTN South Africa announced the decommissioning of its mobile money service, Mobile Money, due to a lack of commercial viability. However, the cellular network revealed that a new financial product will be launched soon.

Con Court changes rules around garnishee orders

Con Court changes rules around garnishee orders

14 September 2016

The Constitutional Court handed down a landmark judgement in the case of emoluments attachment orders (EAO), also known as garnishee orders. The case challenged the constitutionality of the implementation of EAOs that are granted by clerks of th...

Zuma paid back the money

Zuma paid back the money

13 September 2016

President Jacob Zuma has paid the money for the non-security upgrades to his private residence, Nkandla, as ordered to do so by the Constitutional Court. But can he afford this? Justmoney investigates.

Lewis breaches National Credit Act

Lewis breaches National Credit Act

13 September 2016

The National Credit Regulator (NCR) announced that Lewis Stores was found to be in breach of the National Credit Act (NCA) by the National Consumer Tribunal.

Medical aid fee hike in 2017?

Medical aid fee hike in 2017?

12 September 2016

The number of people who can afford medical cover may drop further come 2017, as Insight Actuaries has reported that higher-than-usual contribution increases can be expected for the coming year.

SAA – Is it time to privatise?

SAA – Is it time to privatise?

5 September 2016

The question of whether or not South African Airways (SAA), the country’s national carrier, should be privatised, has been asked many times over the past few years. Justmoney investigates this claim.

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