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Is fixing your home loan interest rate ideal?

Following the South African Reserve Bank’s move to keep interest rates at the same level, coupled with the notion that the bank may have reached the peak of its hiking cycle; home owners will probably be reluctant to fix their home loan interest rates. (more…)

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International travel scams to look out for when traveling overseas

As travelers, it is easy to think that we are smart enough to avoid getting ripped off. But, the truth is, it happens to the best of us. From getting ridiculously overcharged on cab rides to unknowingly revealing credit card information, travel scams exist the world over. (more…)

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Growing pile of money

10 tips to save on banking charges

If you can’t quite put your finger on bank charges when checking your statement every month, it is possible that you either don’t have the best banking account that suits your transacting needs or may have adopted behaviour that is costing you a bit more. (more…)

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IMF, Treasury, economy, GDP, unemployment, International Monetary Fund

Clear protocols required for business and government to work together

In spite of the political and economic uncertainty as a result of government actions recently, the South African business sector remains committed to working with the government and other stakeholders to restore confidence in the economy. (more…)

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Piggy Bank Savings

5 things to consider before switching banks

Before switching banks, take a step back and conduct an assessment of your finances to determine if a particular type of account will match your financial goals. (more…)

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Deposit insurance scheme for SA proposed

The South African Reserve Bank (SARB) and the National Treasury have proposed a deposit insurance scheme for South Africa. The SARB has published, for public comment, a discussion paper titled “Designing a deposit insurance scheme for South Africa”. The discussion paper, aimed at soliciting views on the design features of such a scheme, is complementary […]

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Close up shot of entering credit card number

Strict regulations protect South Africans against credit card fraud

Credit card fraud is still rife in South Africa, but merchants and customers using credit cards still have some comfort in the knowledge that their transactions are protected by the Payment Card Industry Data Security Standard (PCI DSS). The key tenets of PCI DSS is to prevent fraud. (more…)

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