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Understanding your credit score isn’t just for people taking out big loans or mortgages; it impacts everyday financial opportunities. A healthy credit score can help you qualify for better interest rates, faster approvals, and stronger protection against fraud by regularly checking your report. Learning how credit works, and sharing that knowledge, is…

Banele GinindzaPublic Investment Corporation (PIC) board chairman, David Masondo, has said the new board was reviewing past bad transactions on principle, including appealing the arbitration process in the dispute where it had to pay R400 million to its loanee Acapulco as it defaulted on a loan and the R100m down the drain…

After roughly two decades of legal warfare, public spectacle, corporate brinkmanship and constitutional detours, the long-running battle between Vodacom and Nkosana Kenneth Makate has finally come to an end in the Please Call Me battle. It is difficult to describe the moment without invoking the ancient parable that has shadowed…

The scale of procurement corruption in South Africa is staggering. Whilst we have made progress in rebuilding institutions like the South African Revenue Service and removing ourselves from the Financial Action Task Force grey list, the reality is that corruption in public procurement remains deeply entrenched, sophisticated, and extraordinarily damaging…

Many pensioners and investors in South Africa over the last two weeks became nervous and worrisome as share prices on the JSE moved weaker. Pessimistic views of an expectation of a strong and downward correction in equity prices surfaced amongst the public.Goldman Sachs CEO David Solomon warned this week of…

Finance Minister Enoch Godongwana is expected to deliver a cautiously optimistic Medium-Term Budget Policy Statement (MTBPS) on Wednesday, showing stronger revenue collection, contained expenditure growth, and a smaller-than-expected deficit, even as sluggish growth and high debt remain major fiscal challenges.According to Nedbank's economist, Isaac Matshego, the budget deficit is projected to…

The Railway Safety Regulator (RSR) has raised alarm over the growing number of deaths linked to crime and security incidents across South Africa’s rail network, warning that the crisis underscores the country’s broader socio-economic challenges.According to the RSR’s State of Safety 2024/2025 report, security-related fatalities in the rail sector have…

South Africans are juggling rising living costs, increasing debt, and constant digital noise, a combination that makes it harder to stay focused on long-term financial goals. As a result, distraction has become a major barrier to progress, often leading to short-term decisions that weaken savings, investment, and protection strategies. A Momentum’s…

The Prudential Authority (PA) on Friday imposed administrative sanctions and fines on Discovery Bank for failing to timeously report some suspicious transactions and for inadequate staff training.The PA supervises and enforces compliance by banks and other financial institutions with the provisions of the Financial Intelligence Centre Act (FIC Act).“The PA…

Sephaku Holdings’ construction materials subsidiaries have not yet seen a material uplift in demand for construction materials, but the retail environment for bag sales has improved, said CEO Kenneth Capes on Friday.In the six months to September 30, the group, which counts Sephaku Cement (SepCem) and Métier as its key investments,…