Outstanding consumer debt in SA surges to R1.5 trillion – Experian SA
Data from Experian South Africa shows that the negative impact of COVID-19 has seen more consumers defaulting on their debt, with consumer debt now sitting... Read more.
Nearly three million jobs will be lost in SA – IQbusiness
IQbusiness, the independent management consulting firm, has forecast that nearly three million jobs will be lost in the country due to the impact of COVID-19... Read more.
Nearly 120 000 South African receive their R350 special COVID-19 payment
The South African Social Services Agency (SASSA) said today, 116,867 unemployed South Africans have received the R350 special COVID-19 social relief money... Read more.
What the record low interest rates mean for consumers
The further easing of monetary policy by the South African Reserve Bank (SARB) has presented a golden opportunity for consumers looking to snap their dream house... Read more.
Good news for consumers as Interest rates hit a new record low
The South African Reserve Bank provided further support to embattled households after the bank’s Monetary Policy Committee (MPC) trimmed the benchmark repo... Read more.
Franchisor of Spur cuts salaries by 20% as COVID-19 eats into profits
Spur Corporation – franchisor of household brands like Spur and RocoMamas has slashed all employees salaries by 20% as lockdown trading restrictions hamper... Read more.
WC accounts for more than half of SA’s 10652 COVID-19 cases
The number of confirmed COVID-19 cases have surged to 10 652 with 206 deaths, said health minister, Zweli Mkhize. The Western Cape continues to be the epicentre... Read more.
Central Energy Fund completes management overhaul
The Central Energy Fund (CEF) said today, it had appointed CEOs to all its four subsidiaries – bringing about management stability after years of instability.... Read more.
Sisulu ‘forced company on Lepelle Northen Water’
Suspended CEO says minister hired EWS irregularly... Read more.
