News

Your go-to source for finance updates, covering banking, savings, market news, and smart ways to handle your money.

VAT Increase

25 February 2026

Why Some SA Firms are Pushing for a VAT Increase

Lula has renewed its call for Finance Minister Enoch Godongwana to raise the value added tax registration threshold for businesses in the upcoming 2026 National ...

The R500 Deal That Has South Africans Talking

24 February 2026

The R500 Deal That Has South Africans Talking

The Special Investigating Unit has exposed extensive and deeply entrenched corruption within the Department of Home Affairs, revealing that organised criminal networks allegedly operated from ...

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Digital fraud

21 February 2026

South Africans Urged to Act as Digital Fraud Cases Climb

Digital fraud South Africa, SARS scam email example, fake tax refund SMS South Africa, loan scam warning SA, social engineering scam profile, online safety tips ...

SARS Issues Final Reminder to Taxpayers

21 February 2026

SARS Issues Final Reminder to Taxpayers Seeking to Pay Less

South African taxpayers are being urged to make full use of every legitimate strategy available to lower their tax liability before the current tax year ...

Income Tax

20 February 2026

Heavy Reliance on Top Earners as 3% Pay 33% of Income Tax

A very small fraction of South Africa’s taxpayer population is responsible for an outsized portion of the country’s total personal income tax collections, with the ...

SARB Targets Overhaul of Loan Pricing Rules

20 February 2026

SARB Targets Overhaul of Loan Pricing Rules

South Africa’s central bank has set out plans to discontinue the long-standing prime lending rate and instead anchor loan pricing directly to its official policy ...

How Existing Debt Shapes Home Loan Decisions in South Africa

20 February 2026

How Existing Debt Shapes Home Loan Decisions in South Africa

The affordability assessment is a structured evaluation of an applicant’s existing debt repayments and household expenses against net monthly income. Its purpose is to ensure ...

Three Further South African Rate Cuts

15 February 2026

Economists Anticipate Three Further South African Rate Cuts

Economists expect the South African Reserve Bank to reduce interest rates three additional times before concluding its present easing phase, although there is disagreement about ...

New Social Grant Programme

15 February 2026

South Africa to Introduce New Social Grant Programme

President Cyril Ramaphosa has once again reaffirmed, during his 2026 State of the Nation Address delivered on Thursday, 12 February, that government intends to introduce ...

Smart ID Applications Across South Africa

15 February 2026

More Banks Roll Out Smart ID Applications Across South Africa

Standard Bank has officially announced a phased expansion of its Smart ID card application and renewal facilities, confirming that more of its branches will begin ...

Housing Market

20 February 2026

Housing Market Signals Big Moment for South African Buyers

South Africa’s residential property market is moving decisively into 2026, a year that First National Bank (FNB) believes represents an important cyclical inflection point for ...

Rand Rebounds Sharply as Global Sentiment Improves

15 February 2026

Rand Rebounds Sharply as Global Sentiment Improves

The South African rand has staged a notable recovery after the bout of weakness seen toward the end of last week, moving back below the ...

Income for South African Households

15 February 2026

Income Reality Check for South African Households

Recent research and cost-of-living assessments paint a complex picture of what it truly takes to live a decent life in South Africa in 2026. Data ...

SASSA Halts 70,000 Grants

15 February 2026

SASSA Halts 70,000 Grants in National Review

The South African Social Security Agency (SASSA) has confirmed that it has already assessed around 240 000 social grants as part of a wide-ranging national ...

R90 Billion in Unclaimed Assets in SA

15 February 2026

R90 Billion in Unclaimed Assets in SA – Could Some of It Be Yours?

South Africa is sitting with tens of billions of rand in financial assets that legally belong to individuals but have not yet been claimed, prompting ...

R520 Billion Revenue Gap Puts Bank Accounts in SARS Spotlight

20 February 2026

R520 Billion Revenue Gap Puts Bank Accounts in SARS Spotlight

South Africa is facing a significant escalation in tax enforcement as the South African Revenue Service (SARS) prepares to pursue more than half a trillion ...

South Africa Tax

15 February 2026

South African Consumers on Edge as Tax Talk Intensifies

South Africa is increasingly exposed to the risk of a major tax shock, as an already narrow tax base becomes ever more concentrated among older ...

Interest Rates Cut Expectations

15 February 2026

Interest Rates Stay Put as Cut Expectations Build

South Africa may still be on track for additional interest rate relief, even though borrowing costs have been placed on hold for the time being. ...

South Africa’s Housing Market

15 February 2026

South Africa’s Housing Market Set For Stronger Recovery In 2026

South Africa’s residential property market is showing growing signs of stabilisation and recovery as easing inflation and lower interest rates begin to filter through to ...

Great News For Salaries In South Africa In 2026

16 February 2026

Great News For Salaries In South Africa In 2026

South African workers are expected to see meaningful improvements in their real earnings during 2026, supported by a combination of favourable domestic and global economic ...

Fuel Prices To Drop Again In February

14 February 2026

Fuel Prices To Drop Again In February

South African motorists are heading into February with renewed optimism, as fuel prices are once again expected to move lower. Updated data released late in ...

Average Court Bills Remain Heavy

14 February 2026

Debt Cases Ease, But Average Court Bills Remain Heavy At R29 000

New figures released by Statistics South Africa indicate that a smaller number of South Africans were dragged before the courts for unpaid debt during November ...

R16 to the Dollar

14 February 2026

Rand Shoots the Lights Out as It Eyes R16 to the Dollar

The South African rand has decisively powered past the R16.30-per-dollar barrier that had capped its gains during the previous week of trading, and is now ...

Less Favourable Interest Rate Outlook

16 February 2026

Interest Rate Outlook Turns Less Favourable for South Africa

Economists at Nedbank are increasingly convinced that the South African Reserve Bank Monetary Policy Committee is likely to keep interest rates unchanged for longer than ...

Taxpayers Exit the SARS Tax System

20 February 2026

More Than 50,000 Taxpayers Exit the SARS Tax System

The South African Revenue Service (SARS) has reported that more than 50,000 taxpayers have formally ended their tax residency status in South Africa over the ...

SARB Announcement 2026

14 February 2026

Rate Cut Hopes Rise Ahead of Crucial SARB Announcement

The South African Reserve Bank Monetary Policy Committee is scheduled to convene next week for its first policy-setting meeting of 2026, where it will decide ...

South Africa’s Economic Outlook Shifts as Inflation Eases and Rate Cuts Loom

15 February 2026

South Africa’s Economic Outlook Shifts as Inflation Eases and Rate Cuts Loom

South Africa has already implemented cumulative interest rate reductions totalling 1.50 percentage points since September 2024. As a result of these adjustments, the prime lending ...

SRD Grant

18 January 2026

Major Policy Shifts Under Consideration for the SRD Grant

Significant policy changes are being explored for South Africa’s Social Relief of Distress (SRD) grant, with the National Treasury actively assessing proposals that could fundamentally ...

COVID-19 SRD Grant Remains in Place

18 January 2026

COVID-19 SRD Grant Remains in Place, DSD Issues Fake News Warning

The Department of Social Development has issued a clear reassurance to South Africans who depend on the COVID-19 Social Relief of Distress grant, following a ...

Financial Strain

18 January 2026

South Africans Remain Hopeful as They Adjust to Sustained Financial Strain

South African households are increasingly demonstrating an ability to adjust and recalibrate their finances despite continued pressure from elevated living costs, according to the most ...

New Tariff Threat From the US

18 January 2026

South Africa Faces New Tariff Threat From the US

The United States has issued a new tariff warning that could put South Africa under economic pressure due to its limited but sensitive ties with ...

Interest Rate Relief

18 January 2026

Fresh Signs Point to Further Interest Rate Relief in South Africa

South Africans are increasingly poised to enjoy further interest rate relief in 2026, as global monetary developments, particularly in the United States, create favourable conditions ...

Electricity Price Hike

18 January 2026

South Africa Hit With 10.5% Electricity Price Hike

South African electricity consumers are facing the prospect of a significant new financial burden, with Eskom seeking to recover an additional R76 billion in revenue, ...

VAT-Related Tax Debt Challenge

18 January 2026

South Africa Faces Escalating VAT-Related Tax Debt Challenge

South Africa is grappling with a growing tax compliance crisis, as newly released figures from the South African Revenue Service (SARS) reveal that undisputed tax ...

New Driving Licence Card Set to Launch in South Africa

18 January 2026

New Driving Licence Card Set to Launch in South Africa

South Africa is set to receive a newly designed driving licence card as the Department of Transport continues to manage challenges linked to the country’s ...

Rand Rallies After a Year of Doubt and Volatility

18 January 2026

Rand Rallies After a Year of Doubt and Volatility

Traders appear comfortable with the rand trading at its strongest levels against the US dollar in more than three years, as reflected by subdued volatility ...

Positive Outlook for Interest Rate Cuts in South Africa

18 January 2026

Positive Outlook for Interest Rate Cuts in South Africa

South Africa is receiving encouraging signals on the future direction of interest rates, with expectations that borrowing costs could continue to ease through 2026. Standard ...

NSFAS Non-Payments Leave Thousands of Students in Crisis

18 January 2026

NSFAS Non-Payments Leave Thousands of Students in Crisis

As universities reopen for the start of a new academic year, a growing number of students funded by the National Student Financial Aid Scheme (NSFAS) ...

South Africans Facing Record Tax Pressure

18 January 2026

South Africans Facing Record Tax Pressure

South African taxpayers are facing record tax pressure, with Finance Minister Enoch Godongwana confirming that the country’s tax-to-GDP ratio is at its highest level since ...

Seven Bills Awaiting Presidential Signature in South Africa

18 January 2026

Seven Bills Awaiting Presidential Signature in South Africa

President Cyril Ramaphosa currently has seven pieces of legislation awaiting his signature, marking the final step before they become enforceable law in South Africa. These ...

Petrol Prices Rise by 69 Cents Per Litre in South Africa

18 January 2026

Petrol Prices Rise by 69 Cents Per Litre in South Africa

Despite a turbulent year marked by both domestic challenges and international market shocks, South African motorists closed out 2025 only marginally worse off in overall ...

New Data Highlights Government Salaries Exceeding R56 000 a Month

15 February 2026

New Data Highlights Government Salaries Exceeding R56 000 a Month

Recent earnings figures from Statistics South Africa’s Quarterly Employment Survey (QES) indicate that certain areas of the public sector continue to offer significantly higher pay ...

Expected Fuel Price Movements for January in South Africa

16 February 2026

Expected Fuel Price Movements for January in South Africa

Mid-month data from the Central Energy Fund indicates that South African motorists are heading into the new year with fuel price relief on the cards, ...

South Africa Plans Major Overhaul of Cash and ATM System

16 February 2026

South Africa Plans Major Overhaul of Cash and ATM System

South Africa’s central bank is preparing to implement the most far-reaching restructuring of the country’s cash ecosystem in several decades, signalling a fundamental shift in ...

Positive Signals for Interest Rate Reductions in South Africa

16 February 2026

Positive Signals for Interest Rate Reductions in South Africa

South Africa is seeing increasingly favourable conditions for future interest rate cuts, as national inflation expectations have fallen sharply following Finance Minister Enoch Godongwana’s decision ...

South Africa Faces Fresh Warning on the End of Working From Home

16 February 2026

South Africa Faces Fresh Warning on the End of Working From Home

A recent judgement delivered by the Labour Court in South Africa has issued another clear caution to employers who are considering bringing remote working arrangements ...

South Africa Reveals Proposed Minimum Wage Hike for 2026

16 February 2026

South Africa Reveals Proposed Minimum Wage Hike for 2026

The National Minimum Wage Commission has put forward a recommendation that the wage floor for South African workers should rise in 2026 by an amount ...

Major Shift Ahead for South Africans Earning R5k to R20k

10 December 2025

Major Shift Ahead for South Africans Earning R5k to R20k

South Africa has recorded its strongest improvement in consumer confidence for 2025, with the country’s middle-income earners, specifically those receiving between R5,000 and R20,000 a ...

Extended Operating Hours for Smart ID and Passport Services

9 January 2026

Extended Operating Hours for Smart ID and Passport Services

The Department of Home Affairs has announced that South Africans applying for Smart ID cards or passports will have easier access to services during December ...

South Africans Turn to Costly Debt as Loan Sharks Gain Ground

15 February 2026

South Africans Turn to Costly Debt as Loan Sharks Gain Ground

South Africa is witnessing an intensifying shift towards credit reliance as households struggle to keep up with the rising cost of living. This trend is ...

BNPL Surges as South African Debt Hits Record Highs

9 January 2026

BNPL Surges as South African Debt Hits Record Highs

As the festive season promotions intensify across South Africa, the National Financial Ombud (NFO) has issued a warning for consumers to exercise extreme caution when ...

SARS Issues Stern New Compliance Signal to South African Taxpayers

18 January 2026

SARS Issues Stern New Compliance Signal to South African Taxpayers

The South African Revenue Service (SARS) released a draft notice in terms of section 210(2) of the Tax Administration Act, signalling its intention to introduce ...

Another Significant Economic Gain for South Africa

12 December 2025

Another Significant Economic Gain for South Africa

South Africa recorded another encouraging performance in the third quarter, as real gross domestic product expanded by 0.5 percent. This marked the fourth successive quarter ...

Government Pushes Ahead With Plans to Scrap Medical Aid Tax Credits

9 January 2026

Government Pushes Ahead With Plans to Scrap Medical Aid Tax Credits

Health Minister Aaron Motsoaledi has reiterated the government’s position on the future of medical aid tax credits, emphasising that the National Health Insurance (NHI) Act ...

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