22 December 2025
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 ...
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Your go-to source for finance updates, covering banking, savings, market news, and smart ways to handle your money.
19 December 2025
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 ...
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18 December 2025
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 ...
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17 December 2025
New Data Highlights Government Salaries Exceeding R56 000 a Month
Recent earnings figures from Statistics South Africa’s Quarterly Employment Survey indicate that certain areas of the public sector continue to offer significantly higher pay than ...
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17 December 2025
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, ...
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15 December 2025
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 ...
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15 December 2025
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 ...
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11 December 2025
South Africa Faces Fresh Warning on the End of Working From Home
A recent judgment delivered by the Labour Court in South Africa has issued another clear caution to employers who are considering bringing remote working arrangements ...
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10 December 2025
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 ...
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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 ...
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10 December 2025
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 ...
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10 December 2025
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 ...
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10 December 2025
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 ...
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17 December 2025
SARS Issues Stern New Compliance Signal to South African Taxpayers
The South African Revenue Service released a draft notice in terms of section 210(2) of the Tax Administration Act, signalling its intention to introduce fixed ...
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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 ...
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12 December 2025
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 Act carries ...
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12 December 2025
Rising Pressure on Fuel Prices for South African Motorists
South African motorists are facing another difficult start to the month as fresh data from the Central Energy Fund indicates that fuel prices are set ...
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17 December 2025
Experts Issue Alert as Rand Surges Against the Dollar
The South African rand has enjoyed a period of noticeable strengthening against the United States dollar over the past year, yet analysts caution that this ...
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17 December 2025
SARS Outlines Major Compliance Shift for the 2026 Tax Year
SARS has informed employers throughout South Africa that they should begin their preparations for the 2026 Employer Filing Season, explaining that several procedural adjustments will ...
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17 December 2025
South African Salaries Continue to Show Positive Growth
The most recent PayInc Net Salary Index reveals encouraging news for South African employees, showing that salaries across the country remain higher than they were ...
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27 November 2025
Driving Licence Validity Extension Under Fire from Critics
The prospect of lengthening the validity period of South African driving licence cards has resurfaced, yet labour unions have cautioned that such a shift could ...
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21 November 2025
Unanimous Repo Rate Cut Sets the Stage for Anticipated Monetary Easing
Following the South African Reserve Bank’s recent decision to lower borrowing costs, several economists have indicated that South Africans may see additional reductions in interest ...
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21 November 2025
South Africans Urged to Prepare for Potential Disappointment in the Rates Outlook
Many leading economists, financial experts and major market institutions continue to project that the South African Reserve Bank will deliver a 25 basis point interest ...
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20 November 2025
Inflation Climbs Ahead of South Africa’s Final Interest Rate Call of the Year
Annual consumer inflation in South Africa climbed to 3.6 percent in October, rising from the 3.4 percent level recorded in September, a development that matched ...
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20 November 2025
South Africans Turning to Overdrafts as Financial Pressures Deepen
South Africans are increasingly relying on overdraft facilities and various short-term lending options as high interest rates, persistent inflation and sluggish economic growth steadily erode ...
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19 November 2025
Why the Rand Is Losing Momentum
After reaching its strongest levels in nearly three years, the rand has once again slipped above the R17.00 mark against the US dollar, reflecting the ...
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15 November 2025
Positive Developments for Interest Rates in South Africa
The financial landscape in South Africa is currently filled with anticipation as the South African Reserve Bank is broadly expected to introduce an interest rate ...
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13 November 2025
End of an Era as High-Profile Billionaire Bank Exits SA
South Africa’s leading digital banking pioneer, TymeBank, which counts billionaire Patrice Motsepe among its major backers, is entering a transformative phase as it evolves from ...
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17 December 2025
South Africans Stand to Gain R20 Billion if SARS Does Its Job Right
Finance Minister Enoch Godongwana has indicated that South African taxpayers could effectively be spared from R20 billion in additional taxes in 2026 if the South ...
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13 November 2025
South Africa’s Job Market Strengthens as Unemployment Falls and Labour Data Gets an Overhaul
South Africa’s unemployment landscape has experienced a notable improvement, with the official jobless rate dropping by 1.3 percentage points in the third quarter of 2025. ...
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13 November 2025
Rand Shows Remarkable Resilience and Stability
The South African rand has been showing impressive resilience throughout the year, demonstrating that its recent performance is not a mere coincidence. The currency has ...
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6 November 2025
South Africans Braced for Triple Tax Blow
South African taxpayers who belong to medical aid schemes are likely to face what experts are now describing as a “triple tax” to fund the ...
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4 November 2025
South Africans Feel the Pinch as Medical Aid Costs Climb Sharply for 2026
Medical aid members in South Africa are facing renewed financial strain, with one prominent scheme implementing an almost 20% increase in fees for 2026. While ...
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13 November 2025
South Africa Moves Closer to a Cashless Future as Digital Banking Takes Over
The traditional way South Africans have received and handled cash is undergoing a dramatic transformation. Across the country, an increasing number of people are choosing ...
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3 November 2025
Major Fuel Price Drop Set to Bring Relief for South African Motorists Next Week
Fresh figures from the Central Energy Fund (CEF) show that October ended with strong fuel price recoveries, paving the way for a petrol and diesel ...
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30 October 2025
Experts Caution Borrowers as Mashonisa Loans Rise
With rising living costs, stagnant wages, and the pressure of the upcoming festive season, countless South Africans are finding themselves in a financial squeeze. As ...
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30 October 2025
Short-Term Lending Surge Raises Caution
South Africans are being urged to exercise greater caution this festive season as a nationwide crackdown on illegal microlenders intensifies. With the country facing rising ...
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29 October 2025
What to Look Out for in This Year’s Medium-Term Budget Speech
South Africa is gearing up for the release of its much-anticipated Medium-Term Budget Policy Statement (MTBPS), with economists and analysts eager to hear Finance Minister ...
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29 October 2025
New R3.5 Billion Beachwood Coastal Estate Rising Along Durban North’s Coastline
A major new residential development valued at R3.5 billion, known as Beachwood Coastal Estate, is currently being constructed along the scenic coastline of Durban North ...
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24 October 2025
South Africans Set to Celebrate as Petrol Prices Drop Sharply in November
As South Africa nears the conclusion of October, the nation can look forward to a wave of relief at the fuel pumps in November. The ...
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24 October 2025
Interest Rate Cut Hopes Fade for South Africans
South Africa’s latest inflation figures have delivered an unwelcome surprise for those anticipating early interest rate cuts, potentially derailing expectations of monetary easing in November. ...
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23 October 2025
Makro Launches Massive Early Black Friday Savings This Week
Makro and Game have officially announced the release of their early Black Friday promotions, unveiling a range of enticing deals that will become available on ...
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23 October 2025
Massive Boost for Rooftop Solar Users in South Africa
South African homeowners who have invested in rooftop solar have received a significant boost following a major regulatory update by Eskom. The power utility has ...
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21 October 2025
South Africans Turn Away from Eskom
Eskom, once South Africa’s dominant electricity supplier, is facing a dramatic decline in demand as years of steep price hikes have driven customers to find ...
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16 October 2025
Major Setback for South African Passport Holders
South African travellers have suffered a notable setback, as the country has fallen out of the global top fifty passports. According to the most recent ...
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16 October 2025
Expected Fuel Price Movements for November
Mid-month calculations from the Central Energy Fund (CEF) indicate that motorists in South Africa are likely to see fuel price reductions across all grades in ...
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16 October 2025
Chinese Car Brands Face New Challenges in South Africa
The rapid rise of Chinese car manufacturers in South Africa, once seen as a triumph of affordability and innovation, is now beginning to show signs ...
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16 October 2025
Medical Aid Tax Credits Could Soon Be History
The National Department of Health (NDOH) has revealed that it is actively engaged in discussions with the National Treasury regarding proposed changes to South Africa’s ...
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11 October 2025
SARS Fraud Alert: Taxpayers Urged to Stay Vigilant
The South African Revenue Service (SARS) has issued another urgent warning to the public, cautioning taxpayers about a newly circulating scam aimed at stealing money ...
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11 October 2025
Major Shift in Interest Rate Expectations for South Africa
The latest minutes from the United States Federal Open Market Committee’s (FOMC) September session have reinforced expectations that the Federal Reserve will deliver additional interest ...
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8 October 2025
SARS Goes After these Taxpayers Leaving the Country
Affluent South Africans relocating abroad are finding themselves under tighter scrutiny as the South African Revenue Service (SARS) steps up its enforcement actions and narrows ...
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7 October 2025
Eskom’s 2025 Tariff Hikes Backfire as Demand Plummets
A new in-depth review of Eskom’s electricity demand data reveals that the state utility’s steep 2025 tariff increases are being undermined by a significant decline ...
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7 October 2025
South Africa Faces New Reality as 25-Year Lifeline Ends
After a quarter of a century, the African Growth and Opportunity Act (AGOA) officially came to an end last week, marking the conclusion of one ...
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3 October 2025
Five Key Issues Hitting South Africa Today
The South African rand gained considerable strength on Wednesday, with its performance largely buoyed by favourable manufacturing data and a softening United States dollar. By ...
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