News

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

South Africa’s Property Sector Undergoes Major Changes

10 July 2025

South Africa’s Property Sector Undergoes Major Changes

South Africa’s property market is beginning to show clear signs of a movement away from renting and towards property ownership, as declining interest rates begin ...

SARS Tax Filing Alert for South Africans Earning Over R500 000 Annually

10 July 2025

SARS Tax Filing Alert for South Africans Earning Over R500 000 Annually

All taxpayers in South Africa are legally obligated to file their tax returns with the South African Revenue Service (SARS), and failure to comply with ...

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Tax Tips for South Africans Working from Home

9 July 2025

Tax Tips for South Africans Working from Home

Tax professionals have clarified the circumstances under which South Africans may qualify for home office deductions during the 2025 tax filing season, though they caution ...

Fraudsters Attacking Banking Apps and Wallets

8 July 2025

Fraudsters Attacking Banking Apps and Wallets on South African Phones

Discovery Bank has raised concerns over the increasing number of fraud cases affecting South Africans, highlighting how criminals are now deliberately focusing on smartphones to ...

Proposal to change the name of South Africa

5 July 2025

Debate Ignites Over Proposal to Rename South Africa

The African Transformation Movement (ATM), in collaboration with several other political organisations, has announced its intention to approach both Parliament and the Constitutional Review Committee ...

Month of Hard Decisions

4 July 2025

South Africa Enters a Month of Hard Decisions

Recent data indicates that inflation expectations in South Africa have declined to their lowest level in nearly four years, potentially reinforcing the case for policymakers ...

SARS Highlights Fraud Threats Ahead of 2025 Tax Season

10 July 2025

SARS Highlights Fraud Threats Ahead of 2025 Tax Season

The South African Revenue Service (SARS) has issued a fresh alert about fraudulent schemes surfacing ahead of the 2025 tax season. Standard Bank has also ...

The Insurance Scam That’s Getting South Africans Blacklisted

1 July 2025

The Insurance Scam That’s Getting South Africans Blacklisted

South Africa’s insurance sector is becoming increasingly aware of the growing threat posed by artificial intelligence in the hands of fraudsters, and is actively enhancing ...

Brace for a Petrol Price Hike This Week

10 July 2025

Brace for a Petrol Price Hike This Week

Although international oil prices have recently eased and the South African rand has shown notable stability amid geopolitical unrest, the outlook for fuel prices in ...

Food Shortages and Rising Unemployment

27 June 2025

South Africa Faces Threat of Food Shortages and Rising Unemployment

Hopes were briefly raised among South African meat producers when it appeared that the government would ease import restrictions on chicken from Brazil, potentially helping ...

Good news for anyone earning a salary

5 July 2025

Encouraging News for South Africans Receiving a Salary

Average monthly earnings in South Africa have shown a stronger increase than the rate of inflation, even though the country has seen a decline in ...

Petrol Price

26 June 2025

Petrol Price Relief in South Africa Comes with a Major Downside

Oil markets experienced considerable volatility on Tuesday, 24 June, after reports emerged regarding a ceasefire agreement between Israel and Iran. However, analysts have cautioned that ...

South Africa still faces a major budget threat

24 June 2025

Ongoing Risks Weigh on South Africa’s Budget

The National Treasury has expressed confidence that both the National Assembly and the National Council of Provinces will approve the Division of Revenues Bill before ...

Economic Pressures From Load Shedding

5 July 2025

Economic Pressures From Load Shedding Surpass Covid-19 Levels

The rand experienced a decline on Thursday as investor sentiment turned risk-averse, driven by the ongoing conflict between Israel and Iran, which had entered its ...

Bad news for South African passport holders

21 June 2025

South African Passport Holders Face New Setback

South Africa’s passport has fallen again in the most recent Henley and Partners World Passport Index, with the country now losing its previous visa-free access ...

Watch Out for Interest Rate Changes in South Africa

10 July 2025

Watch Out for Interest Rate Changes in South Africa

While current inflation levels in South Africa appear to be relatively low, the recent escalation in tensions between Iran and Israel may prompt the South ...

Petrol Price Forecast for July 2025

10 July 2025

The Harsh Petrol Price Forecast for July 2025

Motorists across South Africa appear to be heading for more expensive fuel in July 2025, according to the latest official data now available. This follows ...

SARS warns South Africans to check their banking details

10 July 2025

South Africans Warned by SARS to Double-Check Their Bank Details

The South African Revenue Service (SARS) has issued a formal reminder to all taxpayers to thoroughly review and confirm the accuracy of their registered banking ...

Eskom Targets South Africans Using Rooftop Solar Power

10 July 2025

Eskom Targets South Africans Using Rooftop Solar Power

Eskom has officially announced that it will begin making use of advanced satellite surveillance technology to identify solar systems that have not been registered in ...

South Africa’s Economy

10 July 2025

South Africa’s Economy Faces Serious Challenges

Following an already disappointing start to the year with flatlining economic growth in the first quarter, the latest figures released on Tuesday, 10 June, indicate ...

Key Change Announced by SARS Ahead of 2025 Tax Season

10 July 2025

Key Change Announced by SARS Ahead of 2025 Tax Season

The South African Revenue Service (SARS) has officially discontinued the use of printed and posted system-generated letters, marking a permanent shift to fully digital engagement ...

Smartphone Access for SASSA Grants in 2025

10 July 2025

Concerns Raised About Smartphone Access for SASSA Grants in 2025

The introduction of new smartphone verification protocols for the 2025 Social Relief of Distress (SRD) grant has triggered significant criticism from both opposition political parties ...

Branch Reductions and Closures Hit Major South African Banks

10 July 2025

Branch Reductions and Closures Hit Major South African Banks

The South African retail banking sector continues to reduce its physical footprint across the country, responding to an increasing shift by customers towards digital and ...

SARS warning to taxpayers

30 June 2025

Taxpayers in South Africa Face Steep Fines or Jail for Non-Payment

South African taxpayers have been strongly urged to comply in full with the South African Revenue Service’s (SARS) directives or risk facing harsh consequences. These ...

Rand Holds Below R18 Despite Marginal 0.1% GDP Growth in Q1

23 June 2025

Rand Holds Below R18 Despite Marginal 0.1% GDP Growth in Q1

By midday on Wednesday, the South African rand was holding its ground at approximately R17.83 to the US dollar. It continued to trade within a ...

South Africans Celebrate R2.90 Petrol Price Drop

23 June 2025

South Africans Celebrate R2.90 Petrol Price Drop

Over the past year, motorists in South Africa have experienced ongoing relief at the fuel pumps, as petrol prices have cumulatively dropped by a total ...

Job Loss Threat Looms for 111,000 Women and 70,000 White Men in SA

30 June 2025

Job Loss Threat Looms for 111,000 Women and 70,000 White Men in SA

The Solidarity Research Institute (SRI) has issued a warning that recently introduced legislative changes may result in the loss of employment for an estimated 111,000 ...

June SASSA Child Grants

22 June 2025

June 2025 SASSA Child Grants to be Paid Out This Week

All the essential information concerning the SASSA Children’s grants for June 2025 has now been made available, with payments scheduled to begin on Thursday, 5 ...

New Fuel Levies Kick In While Major State Company Bleeds Funds

30 June 2025

New Fuel Taxes Take Hold as State Company Faces Major Financial Crisis

After a period of relative strength and gains, the South African rand saw a drop in value by the end of trading on Friday. Despite ...

Why Your SASSA Grant Might Not Arrive on Time This June

22 June 2025

Why Your SASSA Grant Might Not Arrive on Time This June

The South African Social Security Agency (SASSA) has confirmed that more than 210,000 grant recipients will experience payment delays in June. This disruption will affect ...

Jobs Slashed in Critical South African Sector

27 June 2025

More Than 440,000 Jobs Slashed in Critical South African Sector

Gold mining was once the foundation of South Africa’s economic growth, powering national development for much of the 20th century. Over the last several decades, ...

Petrol Costs in South Africa

21 June 2025

Double Trouble Ahead for Petrol Costs in South Africa

South African drivers are facing increased financial pressure after the National Treasury announced a hike in fuel taxes this week. This announcement comes at a ...

SASSA Old-Age Grant

21 June 2025

What to Expect from the June 2025 SASSA Old-Age Grant

The payment schedule for the June 2025 SASSA Old-Age Grants has now been confirmed, with disbursements set to begin on Tuesday 6 June 2025. This ...

Taxpayers Exempt from Filing a Return

30 June 2025

Taxpayers Exempt from Filing a Return in 2025

The South African Revenue Service (SARS) has officially published details regarding the upcoming 2025 tax season, including comprehensive guidance on final submission deadlines and the ...

5 Crucial Insights from Budget 3.0

28 June 2025

5 Crucial Insights from Budget 3.0

On Wednesday, 21 May, South Africa’s Finance Minister, Enoch Godongwana, presented the third revision of the 2025 National Budget Speech. This updated address introduced several ...

South African Social Grants Set for Major Update

5 July 2025

South African Social Grants Set for Major Update

Finance Minister Enoch Godongwana has introduced a revised approach to the Social Relief of Distress (SRD) grant, with a renewed focus on aligning the grant ...

Unclaimed South African Benefits

30 June 2025

How to Claim Your Share of R89 Billion in Unclaimed South African Benefits

Although the Financial Sector Conduct Authority (FSCA) has not released an updated figure for the estimated R89 billion in unclaimed financial assets, professionals in the ...

No Double Grants in June

28 June 2025

No Double Grants in June, Says SASSA

The South African Social Security Agency (SASSA) has firmly dismissed widespread claims circulating that grant beneficiaries will receive double payments in June, firmly labelling such ...

Interest Rate Cut Amid Falling Inflation

28 June 2025

South Africa May See Interest Rate Cut Amid Falling Inflation

With the ongoing decrease in the cost of living, many analysts are now predicting that an interest rate reduction could be on the horizon. This ...

Employment Setbacks

28 June 2025

South Africa Faces New Employment Setbacks

South Africa’s upcoming employment figures are expected to reflect unfavourable trends, according to economists who caution that continued economic underperformance and a surge of new ...

Crisis Facing Domestic Workers in South Africa

28 June 2025

Crisis Facing Domestic Workers in South Africa

During the first quarter of 2025, the employment situation for domestic workers in South Africa worsened notably, as recent labour statistics from Statistics South Africa ...

Vehicle Recalls Hit 7 Major Car Brands in South Africa

29 June 2025

Vehicle Recalls Hit 7 Major Car Brands in South Africa

The National Consumer Commission (NCC) has issued an urgent recall affecting several vehicle brands and models that were sold in South Africa. This action follows ...

Banks Face Scrutiny Over Fees

9 July 2025

Major South African Banks Face Scrutiny Over Fees

Finance Minister Enoch Godongwana has officially confirmed that the Financial Sector Conduct Authority (FSCA) is currently carrying out a formal investigation into how major South ...

Phase Out Traditional Travel Documents

29 June 2025

South African Airports Set to Phase Out Traditional Travel Documents

Airports around the world, including those in South Africa, may soon see a major shift in how passengers travel. A new set of international regulations ...

Banking Scam in South Africa

29 June 2025

Warning Issued Over Widespread Banking Scam in South Africa

The Southern African Fraud Prevention Service (SAFPS) has issued a fresh warning to the South African public regarding a highly deceptive scam currently circulating across ...

Buying Property in Security Estates

29 June 2025

Caution for South Africans Buying Property in Security Estates

There has been a noticeable increase in demand for homes located within security estates and sectional title developments across South Africa. Industry professionals have cautioned ...

Budget 3.0 Ends VAT Deadlock

29 June 2025

Budget 3.0 Ends VAT Deadlock, Earning Market Approval

South Africa’s currency continued to gain ground, trading below the R18.50 mark following confirmation from the National Treasury that it would present a revised version ...

Payment Delays for Certain SASSA Grants

29 June 2025

Payment Delays for Certain SASSA Grants in May During Verification Checks

The South African Social Security Agency (SASSA) has confirmed that there will be a delay in the disbursement of May 2025 social grant payments for ...

Official Petrol Price for May Announced

29 June 2025

Official Petrol Price for May Announced

The Department of Mineral Resources and Energy (DMRE) has released the official adjustments to South Africa’s fuel prices, which will take effect from Wednesday, 7 ...

Rand Is in for a Rough Ride

29 June 2025

Brace Yourself: The Rand Is in for a Rough Ride

South Africa’s currency, the rand, has been making notable gains after recently plummeting to a historic low earlier in the month. However, financial analysts caution ...

Tossing Your Expired Licence

28 June 2025

Think Twice Before Tossing Your Expired Licence in 2025

South African motorists are being strongly advised by traffic authorities to retain their expired driving licences during 2025 to avoid facing avoidable penalties. This advice ...

True Impact of the VAT Hike

28 June 2025

The True Impact of the VAT Hike Is Greater Than Expected

A 0.5 percentage point increase in Value-Added Tax (VAT) has an immediate and noticeable negative effect on South African households, as the prices of goods, ...

Inflation Hits Lowest Point

28 June 2025

Inflation Hits Lowest Point in Nearly Five Years

The rate of inflation in South Africa moderated significantly in March, reaching its slowest pace in almost five years, and slipping below the lower threshold ...

Arcadia Finance on HelloPeter

29 June 2025

Arcadia Finance on HelloPeter – Here’s What You Should Know

If you’ve been searching for Arcadia Finance HelloPeter, chances are you’re doing your homework before making a financial decision, and that’s always a wise move. ...

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