Why talking about savings alone won't help South Africans

2015-07-22 13:29

Concrete solutions are needed to achieve inclusion and preservation to help South Africans make meaningful financial changes, says Asisa CEO Leon Campher.

Start saving early, even if you start small

2015-07-21 15:45

Getting into a savings habit now could help to set young people up for a lifetime of savings and financial independence.

Not all garnishee orders invalid - expert

2015-07-10 14:42

Not all garnishee orders are suddenly invalid, according to a legal expert, following a Western Cape High Court ruling that garnishee orders were “unlawful and invalid".

Victory for consumers as court rules against salary deductions

2015-07-09 10:33

There has been a victory for 15 consumers when the Western Cape High Court has declared certain deductions from their salaries “invalid and unlawful.”

State sets off credit bomb

2015-07-05 15:20

SA’s credit industry has been making the case for years that it needs to charge higher interest. In response, the dti wants to slash rates and fees

Cell C secures R3.3bn debt issuance

2015-06-26 13:00

South Africa’s third largest mobile network Cell C has raised €240m (R3.3bn) to fund the company’s capital expenditure and cash requirements.

Wake up call for SA's many borrowers

2015-06-25 18:26

South Africans are poor savers with only 20% of adults invested in a savings product from a formal financial institution – one of the lowest rates in the world.

Debt relief key as Greek bailout talks near deadline

2015-06-24 11:30

A deal between Greece and its international creditors is being held up by a standoff over the central issue of debt relief, says economy minister George Stathakis.

Greece's cash-for-reform proposals in a nutshell

2015-06-23 10:15

Greece has presented new reform proposals which its eurozone partners cautiously welcomed as a possible basis for an agreement to unlock bailout funds.

Finbond to appear before tribunal

2015-06-21 15:03

Customers who have borrowed money from FinBond could receive a refund after the National Credit Regulator announced that it had referred Finbond Mutual Bank (Finbond) to the National Consumer Tribunal for charging excessive credit life premiums.


Why South Africans are battling to save

2015-07-21 16:36

The number of people supporting their children as well as their parents is growing, reducing their ability to save for emergencies, a study shows.

How to help employees with debt

2015-07-19 15:12

Big companies have played a significant role in reducing the indebtedness of their employees and, by doing so, have improved the quality of life of the country’s citizens, writes Frank Magwegwe

Garnishee judgment 'victory' for poor - commission

2015-07-09 13:32

The SA Human Rights Commission has welcomed a judgment on garnishee orders, saying the poor do not always have the means to challenge decisions.

R184 mln write-off

2015-07-08 10:08

ABOUT R184 million in consumer debt under the uMgungundlovu Municipality will be written off as part of its amnesty programme, the municipality announced yesterday.

Consumers pushed to knife's edge

2015-06-30 14:55

Consumers are about to be hit by various increases, pushing them more and more towards the edge of what they can bear financially, warns a debt expert.

SA banks face increased bad debt levels

2015-06-26 07:23

SA banks face increased bad debt levels and costs because of the country’s “own goals", including power cuts and the threat of a ratings downgrade, says an expert.

German business morale weakens in June

2015-06-24 12:00

German business morale has weakened in June, suggesting concerns about the Greek debt crisis are hitting the mood in corporate boardrooms.

Small savings pay big debts

2015-06-23 11:45

We often have the feeling that money is disappearing into a void. It is. And you can put a stop to it.

Greece offers new proposals to avert default

2015-06-23 09:15

Greece has taken a step back from the abyss with the presentation of new budget proposals that eurozone leaders welcomed as a basis for a possible agreement.

Fewer borrowers in court over debt

2015-06-19 16:16

A drop in civil summonses issued for debt in the past year reveals a positive sign for over-indebted consumers in South Africa.

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