SA to spend more than R200bn over the festive season - survey

2018-12-10 08:14

South Africans are set to spend over R200bn this festive season, with an average of nearly R6 000 each, a recent survey has found.

1 in 5 South Africans are on their own Christmas list - survey

2018-12-09 10:30

If you haven't yet budgeted to buy yourself a Christmas present this year, you might be behind the times.

Wonga acting CEO calls it quits

2014-11-20 17:05

UK's biggest payday lender Wonga's acting chief executive has stepped down, becoming the third person to leave the job in the past twelve months.

UK watchdog to cap interest on payday loans

2014-11-11 12:05

From January the interest charged on loans by payday lenders in Britain will be capped at 0.8% a day to cut the cost of short-term loans.

UK seeks comparison sites for payday lenders

2014-10-09 14:45

Britain's competition watchdog wants to introduce price comparison websites for short-term lenders like Wonga to provide clear information on the cost of such loans.

Wonga SA loans must still be paid back

2014-10-02 16:47

Wonga SA says the Wonga Group's news regarding its lending criteria and forbearance programme in the UK will have no direct impact on the SA business.

Church of England severs ties with Wonga

2014-07-11 07:58

The Church of England has ended its association with high-interest online lender Wonga that came under scrutiny for sending customers bogus letters.

Wonga to pay £2.6m for fake legal letters

2014-06-25 12:39

Britain's biggest payday lender Wonga will pay £2.6m in compensation to 45 000 clients after sending them threatening letters from non-existent law firms.

Warning over fake Wonga loan scam

2014-04-08 13:46

An email scam is using the name of short-term loan company Wonga Finance SA to trick people out of their money, Western Cape police say.

Exchange controls might go

2014-02-26 10:05

Exchange controls might finally be scrapped in budget 2014, says Kevin Hurwitz, chief executive officer of South Africa.


Durban is tops over the festive season - survey

2018-12-09 15:18

South Africans will be favouring local travel this festive season, heading to Durban as their destination of choice, according to a recent survey.

Wonga Cape Town staff affected by UK cuts

2015-02-25 11:38

The Wonga call centre staff headcount in Cape Town is set to be reduced over time after the short-term loan platform announced plans to cut 325 jobs.

UK caps interest on payday loans

2014-11-11 16:15

Interest charged on loans offered by payday lenders will be capped, to cut the cost of short-term loans, criticised for causing misery among borrowers.

Wonga SA on the hunt for new CEO

2014-10-13 15:36

Wonga SA is looking for a replacement for Kevin Hurwitz, who stepped down as the chief executive, becoming the latest high-profile departure from the payday lender.

UK's Wonga writes off debt for 330 000 customers

2014-10-02 21:25

UK short-term lender Wonga is writing off the debt of around 330 000 customers worth about £220m, after being forced to overhaul its lending practices.

Wonga writes off debt for 330 000 customers

2014-10-02 16:13

UK short-term lender Wonga is writing off the debt of customers worth about £220m, after being forced to overhaul its lending practices.

Wonga SA responds to UK probe

2014-06-25 13:57 SA CEO Kevin Hurwitz speaks to Fin24 about the £2.6m in compensation Wonga UK will be paying to over 45 000 customers.

Pitfalls of personal loans explained

2014-05-18 14:19

Many consumers do not take out personal loans to live beyond their means, but they are using credit to pay for basic living costs, says an expert.

SA has a 'right' to cheap data

2014-03-20 12:00

Data cost remains a barrier to many South Africans accessing the internet and reducing that cost should be the priority, an industry insider insists.

Sanlam warns of personal loan scam

2014-02-07 14:39

Scammers are getting increasingly bolder in their methods to dupe consumers.

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