Card Fraud

Card Fraud

According to the latest fraud data from the SA Banking Risk Information Centre (Sabric), South Africans have lost almost R4.5 billion to credit and debit card fraud since 2010. Perpetrators use a variety of card fraud methods and keep changing their approach to trick...
Get a pay rise

Get a pay rise

It’s never easy asking for money. Asking your boss for a salary increase is probably on the top half of your list of least favourable things to do – right in between doing your taxes and cleaning the gutters. But salary freezes are now starting to thaw and this might...
Interest Rates in South Africa

Interest Rates in South Africa

Before South Africa’s recent status downgrade, the South African Reserve Bank (SARB) indicated that inflation might decrease, moving back into the 3% to 6% target range. Usually, when inflation decreases, SARB decreases interest rates. However, bond yields have...
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...