News

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

Drop in Petrol Prices

30 July 2025

Another Drop in Petrol Prices Brings Relief to South Africans

According to the latest month-end figures released by the Central Energy Fund (CEF), motorists in South Africa can expect a more substantial reduction in petrol ...

Electricity Price Adjustments

30 July 2025

South African Homes Face Significant Electricity Price Adjustments

The Department of Mineral Resources and Energy is actively examining how electricity prices can be reduced across South Africa. As part of this effort, the ...

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Most In-Demand Skills in South Africa

29 July 2025

Skills South Africa Needs Most to Fill Job Gaps

South Africa’s Employment and Labour Minister, Nomakhosazana Meth, has recently highlighted the most critical skills currently needed within the country. These areas of demand have ...

Prenup Rule

27 July 2025

Marrying Without This Prenup Knowledge in South Africa Is Risky

Legal professionals in South Africa have issued a warning to couples planning to marry that prenuptial agreements might no longer hold the same legal authority ...

Government Seeks to Fix Budget Flaws Exposed in 2025

27 July 2025

Government Seeks to Fix Budget Flaws Exposed in 2025

South Africa’s National Treasury has announced its intention to significantly restructure the budget-preparation process for the 2026 fiscal year. This move follows a tumultuous 2025 ...

New Benefits for South Africans Travelling Abroad

24 July 2025

New Benefits for South Africans Travelling Abroad

South Africa has made a notable return to the upper half of the global passport rankings, reclaiming a spot among the world’s 50 strongest passports ...

South Africans Warned of Possible Interest Rate Increase

24 July 2025

South Africans Warned of Possible Interest Rate Increase

While there is broad consensus among economists that the South African Reserve Bank (SARB) is likely to keep interest rates on hold or possibly implement ...

2025 Budget South Africa

24 July 2025

Why South Africa’s 2025 Budget Still Faces Major Risks

South Africa’s turbulent 2025 Budget process is far from resolved, as escalating political tensions place the passage of critical public expenditure legislation at risk. The ...

SARS Makes Changes to eFiling Ahead of 2025 Tax Season

18 July 2025

SARS Makes Changes to eFiling Ahead of 2025 Tax Season

The South African Revenue Service (SARS) has confirmed the introduction of a virtual waiting room system that will be implemented during the upcoming manual tax ...

One Avoidable Mistake That Keeps South Africans Unemployed

17 July 2025

One Avoidable Mistake That Keeps South Africans Unemployed

South African employees should not assume that their online activity is protected simply because it occurs outside working hours, during personal time, or on private ...

South Africans Using Eskom

16 July 2025

Encouraging News for South Africans Using Eskom

South Africans may take some comfort in the recent performance of Eskom’s electricity generation, which has shown signs of greater consistency and reliability. According to ...

Petrol in August

16 July 2025

What South Africans Can Expect to Pay for Petrol in August

Motorists across South Africa could experience some relief at petrol stations in August, as early indicators point towards a slight decrease in petrol prices. However, ...

Spam Calls

15 July 2025

South Africa to Introduce New Laws Targeting Spam Calls

South Africa is grappling with a growing surge in spam calls, and authorities are now responding through specific changes to the Protection of Personal Information ...

Higher Till Prices Add to Cost Pressures for South Africans

12 July 2025

Higher Till Prices Add to Cost Pressures for South Africans

South African families are likely to face further financial strain at retail checkouts following the recent increase in fuel levies. The rise is anticipated to ...

South Africa’s Property Sector Undergoes Major Changes

19 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 ...

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

11 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

20 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

20 July 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 ...

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