The results of the latest independent tracking study commissioned by retirement income specialist Just SA revealed that a vast majority of South African pensioners are drawing (or planning to draw) an unsustainable rate of monthly retirement income. This means they run the risk of using up their retirement savings too …
Read More »Good news for second-hand car buyers in South Africa
The Automobile Association (AA) has launched a service to give South Africans credible information on pre-owned vehicles before purchase. This will be done through independent vehicle dealerships and AA Approved workshops across the country, the association said. Through the service, the AA said that dealerships can offer an AA 125-point …
Read More »Experts give bleak outlook for load shedding in South Africa: report
Energy experts have warned that maintenance being done on Eskom’s ageing and failing fleet of power stations is ineffective – with the power utility itself admitting that it is only able to temporarily halt the decline. Speaking to the Sunday Times, Eskom said that older stations were breaking down so …
Read More »The ‘great resignation’ is pushing companies to offer these remote-work jobs in South Africa
International companies are increasingly outsourcing their skills as working remotely becomes the new norm around the world. In the US, a shortage of applicants to tech companies has led to economic hubs such as Silicon Valley trying something new and offshoring jobs to other countries reports BusinessInsider. As globalisation continues …
Read More »11 new SUVs and crossovers in South Africa this year – with pricing
Automakers continue to fuel South Africa’s fast-growing SUV/crossover segments with models varying in price and size, and 2022 to date, has been no different. The South African Guild of Mobility Journalists (SAGMJ) earlier in June announced Toyota’s crossover the Corolla Cross, as its Car of the Year for 2022. Despite …
Read More »New case deals with a South African employee fired for smoking cannabis outside of work – what you should know
A long-serving employee who was fired after repeatedly testing positive for cannabis, in breach of the company’s rules, has failed in her bid to be reinstated. Bernadette Enever, who had been employed in an office position at Barloworld Equipment since 2007, said she used cannabis oil for medicinal reasons and …
Read More »10 scams targeting customers in South Africa right now: FNB
With a rapidly evolving fraud landscape where fraudsters are leveraging the latest technologies and constantly refining their modus operandi, businesses should always be on guard to avoid falling victim to the latest scams which could potentially see them losing millions while also suffering reputational damage. Roshan Jelal, head of fraud …
Read More »‘No visa needed’ – Where can South Africans travel to without a visa
Despite travel being hailed for being a relaxing activity, the planning that goes into it is anything but relaxing, especially when one has to consider things like obtaining a visa to a certain country before even being able to go. While visas serve a purpose, they can prove to be …
Read More »The average price for a freehold home in this sought-after area in South Africa has gone up R600,000 in less than two years
After two and a half years of reality checks and changes, it’s no surprise that South Africans are a little wary of making large, or long-term decisions right now, notes Rawson Properties. The uncertain economy, skyrocketing inflation, and escalating interest rates certainly don’t make property purchases an intuitive choice. According …
Read More »Here’s how much credit-hungry consumers in South Africa owe on their homes and cars
Consumer credit reporting agency TransUnion has published the findings of its Q1 2022 South Africa Industry Insights Report showing that with rising stagflation risks on the horizon, characterised by high inflation combined with high unemployment and stagnant demand, the consumer credit industry is facing new challenges to return back to …
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