A vehicle has become a modern day necessity for most of us, and a source of pride, an indication of hard work and social status and having that taken away can not only leave you in financial ruin but also affect you psychologically. The sad reality is with the tough...

When a recession hits everyone is affected, government, foreign investors, businesses and of course the consumer. Nearly every consumer will feel an impact from a recession. There has been no escaping. The root causes were universal and have a domino effect. Since a...

The dreaded debt cycle, no one wants to talk about it and that's why it affects more people than you know. Plenty of people are creating larger debt cycles they cannot get out of every day and are only making it worse because of poor decision making and not having...

In recent months the Credit Tribunal has been hot on the heels of major South African retailers with Edcon being the first to feel the heat, however, they have not stopped there and continue to pressure South African retailers regarding their consumer credit...

Electricity prices are always on the rise and utility bills are getting ugly with Eskom not being the most reliable service provider along with more people being added to the grid every year the pressure on the South African infrastructure is high. To keep up with...

Cape Town has been hit by the largest drought in years and this water crisis has been an alarming wake-up call for all in the province, with its six dams having less than 20% of usable water left. This leaves the City of Cape Town with about 100 days of water left....

Credit rating firm S&P Global warned South Africa on Tuesday that its rating could be cut deeper into junk territory if the government meddles with the “critical” independence of the country’s central bank. A row over the South African Reserve Bank has escalated...

Many of us face unforeseen problems due to bad credit from time to time and with it comes the feeling of being lost as you are not able to come out of an emergency situation. For those in these dire straights, there may be hope as they could still be eligible for...

The latest financial reports indicate that South Africa’s economic growth will be much softer this year after the country slipped into recession in the first quarter, and with inflation easing an interest rate cut is back on the agenda, a Reuters poll found. Africa’s...

South Africa’s Finance Minister Malusi Gigaba said on Thursday the Treasury was looking for ways to cut government spending further and reallocate funds to help boost growth while maintaining its fiscal target. Gigaba, who was appointed as finance minister in March...

South Africa could see a spike in bad loans as the first recession since 2009 hits millions of chronically indebted consumers struggling to pay back credit totalling R1.7 trillion ($133.19 billion), the National Credit Regulator (NCR) said on Wednesday. Africa’s most...