Court ruling provides some relief for borrowers

The maximum interest rate on second loans has been reduced.

Borrowers with more than one debt outstanding were given some protection last week, when the Supreme Court of Appeal ruled that the interest rate on short-term loans after the first loan cannot exceed 3% a month.

Court ruling provides some relief for borrowers
Court ruling provides some relief for borrowers

Court ruling provides some relief for borrowers

The maximum interest rate on second loans has been reduced.

An open letter to consumers from a financial advisor

An open letter to consumers from a financial advisor

All I ask is that at the very least you have the courage to treat me with the respect that I have earned and allow me the opportunity to listen.
What to consider when planning for retirement

What to consider when planning for retirement

We will all reach a stage where we will have to retire from our jobs. When this day eventually comes, we need to ensure that we are in a space to retire comfortably.
Personal finance every Monday in The Citizen

Personal finance every Monday in The Citizen

In The Citizen’s Business section, we target those struggling to keep their heads above water.
If you’re lucky, your take-home pay picked up a notch

If you’re lucky, your take-home pay picked up a notch

According to a report, South Africa’s average formal sector take-home pay is 5.8% higher than January 2017.
How to teach your kids to think more critically about money

How to teach your kids to think more critically about money

Good financial decision-making is about more than avoiding debt or having a budget, it’s about critically analysing your options.
How you can turn your mortgage into an asset

How you can turn your mortgage into an asset

Leonard Kondowe from Rawson Finance explains how you can use the equity on your home loan to access finance for other projects.
Investment advice from the tea boy

Investment advice from the tea boy

As Ernest Hemingway once famously said: ‘At first you go broke slowly and then suddenly…’.
Business Bundle for SMEs

Business Bundle for SMEs

Solid investment: Small business is vital in the bank’s arsenal.
Dreams come true at Nedbank

Dreams come true at Nedbank

Use bank’s toolkit: the essential guide for small-business owners.
Stock Investing 101: how to get started

Stock Investing 101: how to get started

Investing is a lot simpler than people think, but it’s always daunting because it’s your money.
Pension fund should be able to deliver good returns despite downgrade

Pension fund should be able to deliver good returns despite downgrade

Even if inflation spikes during a downgrade spiral, growth assets remain important – MacroSolutions.
Tax-free savings explained

Tax-free savings explained

Wouldn’t we all like to live in a world where we can get the full return on investments without being taxed on any of the growth we’ve earned?
State to close provident fund tax loophole

State to close provident fund tax loophole

Provident fund members have best of both worlds – saving for retirement in a tax shelter then being able to take 100% of savings as a cash lump sum on retirement.
Is financial advice worth the cost?

Is financial advice worth the cost?

In this advice column Riette Coetzee from Alexander Forbes answers a reader who wants to know whether he really needs a financial advisor.
How to retire wealthy

How to retire wealthy

Some simple lessons for every investor aiming at enjoying a comfortable old-age.
‘Opportunity awaits’ savvy SA investors following Brexit mayhem

‘Opportunity awaits’ savvy SA investors following Brexit mayhem

The Brexit has resulted in instability in financial markets around the world and knocked value off many currencies.
SA is loving tax-free saving

SA is loving tax-free saving

But the majority of them are cash investments with banks.
Feeling poor? It’s not your imagination

Feeling poor? It’s not your imagination

SA’s middle class is being crushed by rising inflation and declining asset values.
Ins and outs of unit trust investing

Ins and outs of unit trust investing

Debating active versus passive management, entry levels and fees – Gary Booysen, portfolio manager, RandSwiss.
Tax questions vital in direct, offshore investments

Tax questions vital in direct, offshore investments

Currency losses may be aggravated by certain tax consequences.

 

 

 

 

 

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