Jul 11, 2013
A recent survey has found that many of South Africa’s youth are focusing primarily on short-term financial goals and are taking longer to repay their short-term debt as the cost of living increases. Furthermore, this behaviour appears to be at the expense of...
Jun 14, 2013
About 70% of South Africans are planning to save either “the same or more” over the coming six months – a decrease from the 92% who say the same thing in the previous survey. According to the latest MasterCard survey of Consumer Purchasing Priorities: Money...
Jun 6, 2013
Among an individual’s most valuable assets is a healthy credit rating. This is according to Michelle Beetar, MD of information services company Experian SA, who says, “Every effort should be made to gain and maintain such a rating, as it will stand you in good stead...
May 30, 2013
The African continent has been a long-term net creditor to the rest of the world, according to a new joint report by the African Development Bank (AfDB) and Global Financial Integrity (GFI), launched yesterday at the 48th AfDB Annual Meeting. The report finds that...
May 14, 2013
Last year’s violent mine worker strikes in South Africa, that led to at least 46 deaths and the closing of some mines, made headlines around the world. On the surface, it was about a wage dispute, but the major catalyst that drove the miners to such violence and...
