Discovery Bank warning to South Africans planning to fly this December
Discovery Bank has issued a strong warning to South Africans planning to book flights this holiday season.
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Cash is still king in South Africa’s R900 billion ‘hidden’ economy
While South Africa’s formal finance houses are pushing for a more cashless society, the country’s informal economy is hitting the brakes, still dominated by cash.
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Finance | National Treasury | South Africa | Stanlib | Tax
The tide is turning in South Africa
The National Treasury’s latest data on government revenue and expenditure was better than expected.
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Important SARS fraud warning to taxpayers in South Africa
The South African Revenue Services (SARS) has issued another alert about a new scam doing the rounds, looking to defraud taxpayers.
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South Africa at risk of another own goal
South Africa is expected to be removed from the Financial Action Task Force (FATF) grey list later this month, but new corruption revelations could derail that progress.
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SARS is coming after these taxpayers leaving the country
Wealthy South African expatriates are facing stricter enforcement and fewer exemptions as SARS tightens its grip on compliance and targets higher revenue collection.
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How much you need to retire comfortably in South Africa
An expert highlighted three rules of thumb to work out the amount you have to save to retire comfortably in South Africa.
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South Africans cutting off streaming services, medical aid, and downsizing their homes
South Africans are under growing financial pressure, and many are being forced to cut back on services, sell belongings, and even move into smaller homes to stay afloat.
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Aluma Capital | Finance | Rand | US dollar
The rand should be as low as R11 to the US dollar
The South African rand is far weaker than it should be, with its fair value potentially as low as R11.30 to the US dollar.
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South Africa going from grey to green
South Africa and Nigeria are poised to exit a global financial watchdog’s “grey list” as soon as next month, marking a change in fortune for two of the continent’s biggest economies.