What’s Happening To The Rand?

What’s Happening To The Rand?

On the 30th of March 2017, President Jacob Zuma replaced the Finance Minister, Pravin Gordhan. This decision triggered a rating downgrade to a junk status (a non-investment grade) by Standard & Poor’s and Fitch, two of the three big rating agencies in the world....
All South Africans Can Now Apply for Smart IDs

All South Africans Can Now Apply for Smart IDs

Since the recent launch of the eHomeAffairs portal, more than 35,000 Smart ID Card and passport applications have been received, said Minister of Home Affairs Malusi Gigaba. Adult citizens of all ages can now apply via the online system. “As at 23 August 2016, a total...
SA Consumers Turn to Credit to Stay Afloat

SA Consumers Turn to Credit to Stay Afloat

The high cost of living has sent consumers running into the arms of credit providers. Middle-income groups in South Africa are struggling to afford even the essentials and are slowly approaching the breadline. As the economy deteriorates, middle-class households are...