Following, alleged false allegations made on radio by the Hanover Park ward councillor, Antonio Van Der Rheede, several community members took to the streets on Wednesday morning to voice their dissatisfaction. Residents have accused Van Der Rheede of ongoing favoritism and manipulation within the poverty stricken community. “He is using[…]
Credit reporting agency TransUnion has published its Consumer Credit Trends report for 2020, detailing how the country’s coronavirus lockdown has impacted the finances of the average South African citizen. With a fall in GDP and the associated rise in unemployment, consumers have had to prioritise their personal finances to cope[…]
President Cyril Ramaphosa has urged all South Africans to work towards a speedy economic recovery. This plea came after 2.2 million jobs were lost nationwide in the second quarter of 2020. The president responded to the data released by Stats SA, which revealed that the country’s unemployment rate fell to[…]
The South African Hajj and Umrah Council has released its audited financial statements for 2019-2020, which shows it has a surplus of over R5 million. This is an increase of R465 000 compared to last year. Sahuc’s financial income, until March 2020, was released during its annual general meeting held[…]
Poverty in the occupied West Bank may double as Palestinians are hammered by the economic fallout of the coronavirus pandemic, the World Bank warned on Monday. The Palestinian territories have seen low infection rates after authorities acted quickly to curtail the spread of COVID-19, with three deaths from 450 cases[…]
As we dive into the festive season, many worker bees are looking forward to spending well-earned bonuses, forgetting that January is lurking in the shadows. The National Credit Regulator’s (NCR) Specialist Rishana Singh urges consumers that while the extra money in their pockets seems like the perfect opportunity to spoil[…]
It’s the most wonderful time of the year – but also the “most expensive”, according to experts. During the December festive season, many people incur additional expenses – including in the spirit of giving and rewarding themselves after a long year. Financial planner and author Sylvia Walker urged South Africans[…]
The Bitcoin currency has been shrouded in reports suggesting that it acts mainly as a tool for criminal networks around the world to evade legal accountability and financial tracking, while tech fanatics claim the currency is a step toward fighting the corruption and control of the global financial system. For[…]
By Anees Teladia Many South Africans can relate to one common financial problem – there’s simply too much month with too little money. Students, young professionals and experienced workers all fall victim to the trap of spending too much too soon, at some point in their lives. A survey commissioned[…]
With the cost of living becoming increasingly challenging for South African consumers, VOC this week launched a new show to empower consumers to take charge of their money. Simply called ‘The Moola Show’, the programme is all about money and how your money can work for you. The show is[…]
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