News

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

South Africa's Rate Outlook

21 June 2026

South Africa’s Rate Outlook Brightens Following US-Iran Truce

The recently signed peace agreement between Iran and the United States might cause the South African Reserve Bank (SARB) to reconsider its current interest rate ...

Btter Results for Credit Complaints

21 June 2026

Credit Complaints to Ombud Rise, So Do Results

South Africans are increasingly turning to the National Financial Ombud Scheme (NFO) when disputes arise with lenders, and a growing number are walking away with ...

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New Social Grant

18 June 2026

New Social Grant Proposed for South Africans

South Africa’s Department of Social Development (DSD) is working to finalise the policy framework for the new Basic Income Support (BIS) grant by March 2027, ...

Youth Credit Trend

18 June 2026

Youth Credit Trends Point to Economic Shift

As South Africa observes Youth Month this year, fresh figures from Experian’s Consumer Default Index offer a timely, if sobering, snapshot of how the country’s ...

South African Interest Rate Expectations

18 June 2026

South African Interest Rate Expectations Undergo Significant Shift

Market participants have substantially reduced their expectations for additional interest rate hikes by the South African Reserve Bank (SARB) following a landmark United States and ...

14 June 2026

Households Under Pressure Turn to Debt Counselling

South African households are experiencing an intensifying level of financial pressure as a combination of rising interest rates, persistent inflation, and escalating living costs continues ...

Credit Market Recovery

14 June 2026

SA Banks Get Relief as Bad Debts Decline

South Africa’s largest banks are reporting a meaningful improvement in credit market conditions, supported by tighter lending standards and better-performing loan books. These findings form ...

SA Rate Hike

14 June 2026

SA Rate Hike: Bad News For Borrowers, Good News For Savers

The South African Reserve Bank (SARB) has moved to increase the repo rate by 25 basis points, bringing it to 7.00%, with commercial banks widely ...

Monthly payments

14 June 2026

Average South African Pays R9 300 More Every Month

The average South African earning R30 000 per month could be handing over nearly half of their income to the government and various compulsory charges ...

AI for Debt Help

8 June 2026

South Africans Turn to AI for Debt Help

For a great many South Africans, very few telephone calls provoke as much anxiety and dread as one made by a debt collector. Whether a ...

South Africans Lose Billions to Fraud

5 June 2026

South Africans Lose R2 Billion to Fraud

South Africa is in the grip of a severe and rapidly escalating wave of digital banking fraud that has collectively cost consumers and banking customers ...

Taking out Loans

5 June 2026

South Africans Take Out 875,000 Loans in 90 Days

South Africa’s consumer credit landscape continued to deteriorate in the first quarter of 2026, with the latest Credit Stress Report revealing that total outstanding loan ...

NSFAS to Refund Millions to Graduates

3 June 2026

NSFAS to Refund Millions to Graduates

The National Student Financial Aid Scheme (NSFAS) has announced that it has successfully identified a cohort of former beneficiaries who overpaid on their historical study ...

Saving

3 June 2026

SARB Rate Call: Pain for Borrowers, Gain for Savers

The South African Reserve Bank (SARB) has opted to increase the repo rate by 25 basis points, bringing it to 7.00%. Commercial banks are consequently ...

New Rules for Vehicle Owners

1 June 2026

SARS Introduces New Rules for Vehicle Owners

The South African Revenue Service (SARS) has announced significant new requirements affecting all owners and operators of foreign-registered vehicles crossing South African borders, representing a ...

South Africa Rate Hike

30 May 2026

South Africa’s Rate Hike to Hit Homeowners and Borrowers

South Africans will now be required to allocate considerably more of their monthly budgets towards the repayment of home loans, vehicle finance agreements, and credit ...

Micro loan

28 May 2026

As Salaries Stall, Micro-Loans Fill the Gap for South Africans

South Africa’s consumer credit landscape has undergone a profound structural shift, moving away from large, asset-backed borrowing and towards what can only be described as ...

Debt Repayments

28 May 2026

Debt Repayments Now Swallow Full Salaries for SA’s Highest Earners

South Africans who bring home more than R50,000 per month are now spending more than the entirety of their monthly salaries just on servicing their ...

South African Household

27 May 2026

South African Households Brace for Another Rate Blow This Week

South African households are facing the prospect of yet another squeeze on their finances as the South African Reserve Bank (SARB) moves closer to announcing ...

South Africa's Fuel Price

26 May 2026

South Africa’s Fuel Price Reprieve Cut Short Before It Even Begins

Following a dramatic swing in diesel prices across South Africa, petrol prices have also moved into an over-recovery position – but motorists should not celebrate ...

SA Property Market

7 June 2026

Cost-of-Living Crisis Hits SA Property Market

For most South African households, monthly housing costs – whether bond repayments or rental payments – represent the single largest line item in the family ...

SARS fraud

24 May 2026

Criminals Pose as SARS in New Fraud Scheme

South Africans are being urged to remain vigilant as fraudsters actively impersonate the South African Revenue Service (SARS) in a sophisticated scheme designed to drain ...

Passport Services

23 May 2026

Home Affairs Expands Smart ID and Passport Services to Banks

South Africa’s Department of Home Affairs is set to significantly broaden the scope of services available at bank branches nationwide, with plans well underway to ...

SRD Grant

23 May 2026

SRD Grant to Continue Through 2027

The South African government has allocated R302 billion to the Department of Social Development for the 2026/27 financial year, with the bulk directed at monthly ...

Market

23 May 2026

Rand Slides as Iran War Fuels Inflation Fears

The rand and local financial markets have opened the new trading week on a weaker footing, battered by the prolonged Iran War and mounting inflation ...

SARS Tax Settlement Scam

16 May 2026

SARS Sounds Alarm on Tax Settlement Scam

The South African Revenue Service (SARS) has officially issued a public alert regarding a newly identified scam that is currently circulating and actively targeting South ...

Interest Rate Pain Set to Deepen Across South Africa

16 May 2026

Interest Rate Pain Set to Deepen Across South Africa

The South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) is heading into what could be one of its most consequential meetings in recent years, ...

Licence Renewals

13 May 2026

Good News for South African Drivers Facing Licence Renewals

South Africa’s Driving Licence Card Account, commonly referred to as the DLCA, has unveiled a comprehensive plan to reduce the average production time for driving ...

300,000 Jobs Lost in South Africa

13 May 2026

300,000 Jobs Lost in South Africa

South Africa’s unemployment situation has taken a significant turn for the worse in the opening months of 2026, with the official jobless rate climbing by ...

Earnings Threshold Changes

7 June 2026

SA Employers Face Earnings Threshold Changes

A revised earnings threshold came into effect on 1 May, raising the level at which employees automatically qualify for certain protections under the Basic Conditions ...

Inflation

8 May 2026

Inflation Deepens South Africa’s Household Crisis

South Africans are facing an increasingly difficult financial reality, one in which the headline inflation figure no longer captures the true depth of the crisis ...

South African Interest Rates

7 May 2026

South African Interest Rates on a Knife’s Edge

The South African Reserve Bank (SARB) is confronted with one of its most consequential monetary policy decisions in recent memory, as its upcoming Monetary Policy ...

South Africans Earning Over R500k

7 May 2026

South Africans Earning Over R500k Urged to Prepare

The South African Revenue Service (SARS) has officially gazetted the annual salary threshold that determines which taxpayers are not required to submit a tax return ...

SA Businesses Face Insolvency

6 May 2026

1,540 SA Businesses Face Insolvency

South Africa is projected to record approximately 1,540 business insolvency cases in 2026, and whilst this figure represents a continuation of the broader downward trend ...

Rand

6 May 2026

Rand Under Pressure as Global Tensions Rise

The South African rand has found itself under considerable pressure as the new trading week gets underway, with financial markets actively digesting the latest signals ...

SA Import Changes

3 May 2026

Food Prices Set to Rise After SA Import Changes

The South African rand gained ground on Thursday as financial markets carefully assessed a series of monthly domestic economic data releases intended to provide a ...

Prime Rate Under Pressure

3 May 2026

Prime Rate Under Pressure as SARB Eyes Change

The prime lending rate has long occupied a central, if increasingly misunderstood, position in South Africa’s lending landscape. In its February 2026 consultation paper, the ...

Rand

7 June 2026

Rand Slides as Markets Hold Their Breath

The South African rand came under considerable pressure on Wednesday, 29 April, suffering a notable knock as investors grew increasingly cautious in the hours leading ...

Fraud Cases Surge

7 June 2026

South Africa’s Microlenders Under Fire as Fraud Cases Surge

South Africa’s microlending sector continues to serve as one of the most vital pillars of financial inclusion in the country, extending access to credit for ...

Credit for Millions

28 April 2026

Credit for Millions, But at What Cost?

April’s Financial Literacy Month presents an important opportunity to take stock of how far South Africa has come in broadening access to financial services – ...

Driving Licence Card Validity

24 April 2026

SA Moves to Extend Driving Licence Card Validity to Eight Years

The South African Department of Transport is in the process of formally extending the validity period of driving licence cards from five years to eight ...

Interest Rates in 2026

7 June 2026

What Could Stop the SARB From Hiking Interest Rates in 2026

The South African Reserve Bank (SARB) may choose not to increase interest rates in South Africa should the ongoing conflict involving Iran prove to be ...

South Africa's Rate Cut

22 April 2026

South Africa’s Rate Cut Hopes Crushed by Global Energy Crisis

Optimism that had taken hold in South Africa at the start of 2026 has been firmly extinguished, as prospects for meaningful interest rate relief evaporate ...

Rising Costs

21 April 2026

Rising Costs Are Breaking South Africa’s Middle Class

Gone are the days when bringing home between R30 000 and R60 000 per month in South Africa was a reliable guarantee of a comfortable, ...

SA's Debt Crisis

17 April 2026

SA’s Debt Crisis Hits Middle Class Hard, High Earners Included

For many years, belonging to the middle class in South Africa was widely regarded as occupying a kind of financial safe zone – a position ...

Fraudulent Credit Applications

7 June 2026

Mule Accounts and Fraudulent Credit Applications on the Rise, Warns NFO

What may begin as a seemingly harmless “side hustle” or informal arrangement can spiral rapidly into devastating financial consequences – including frozen bank accounts, fraud ...

South Africa's Key Industries Sound the Alarm Over Diesel Crisis

7 June 2026

South Africa’s Key Industries Sound the Alarm Over Diesel Crisis

Some of South Africa’s most critical industries are raising urgent concerns as the spiralling cost of diesel, combined with inconsistent supply across various regions, threatens ...

Interest Rate South Africa Face Fresh Obstacle

17 April 2026

Interest Rate Cuts in South Africa Face Fresh Obstacles

Any remaining optimism surrounding potential interest rate reductions in South Africa has been dealt a further blow by the escalating conflict in the Middle East, ...

135 Firms Down

10 April 2026

135 Firms Down, More Expected as SA Economy Struggles

South Africa’s corporate sector is currently enduring extreme and sustained financial pressures across multiple fronts, even as the most recent data released by Statistics South ...

Vehicle Market

10 April 2026

Young South Africans Rev Up SA’s Vehicle Sales

South Africa’s vehicle finance market sustained its upward trajectory throughout the fourth quarter of 2025, as detailed in the latest TransUnion credit report. The period ...

Another Global Warning Issued by United States

10 April 2026

Another Global Warning Issued by United States

The United States has issued a renewed global warning following fresh comments from US President Donald Trump regarding potential tariffs linked to military support for ...

Rand on Edge Ahead of Critical US-Iran Deadline

8 April 2026

Rand on Edge Ahead of Critical US-Iran Deadline

The South African rand has come under renewed pressure as global financial markets adopt a cautious stance ahead of a critical geopolitical deadline tied to ...

New Phone-Based Banking Scam Targets South Africans

8 April 2026

New Phone-Based Banking Scam Targets South Africans

Criminal groups in South Africa are increasingly adopting a dangerous tactic that involves kidnapping individuals and coercing them into transferring money using banking applications installed ...

Work-From-Home Debate Returns as Living Costs Climb

5 April 2026

Work-From-Home Debate Returns as Living Costs Climb

Amid sharply increasing energy and fuel costs across South Africa, employers are being encouraged to reconsider and potentially reintroduce work-from-home arrangements as a way to ...

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