Tag: bank statement

The standardisation of port-of-entry visa requirements heralds positive change at Home Affairs. We encouraged by the work being done by Minister Leon Schreiber and his team at the Department of Home Affairs (DHA). This includes the launch of the remote working visa scheme (officially gazetted on 9 October) and the new immigration directives. These changes bring welcome reforms to the country's immigration policy.

According to the recent Africa Wealth Report by Henley & Partners, titled 'Predetermined Bias: Comparing the Visa Rejection Rate of Africans versus the Rest of the World’, the rejection rate for African applicants seeking Schengen visas went up 12% in the last eight years, reaching a shocking 30%. This surpassed the global average by 12.5%.

Accessing the right funding and financing, at the right time, can mean the difference between starting up, staying open, or shutting down. The economy is facing a challenging business environment, with slow global growth, economic volatility, and ongoing power supply issues. This means that many businesses in South Africa are still trying to find their financial footing

Unmarried, no kids, and a bank balance that’s a little low? Your chances of successfully getting a visa to travel just got slimmer. Not everyone’s equal when it comes to visa applications. Factors such as your marital status, whether or not you have children, ownership of property, how long you’ve worked for the company, your bank balance, and even your social media activity can count against you.

The journey to joint home ownership can be an exciting one and may improve your chances of being approved for a home loan. However, whether you are financing a home as a couple (married or unmarried), as business partners or even as friends, a home loan is a serious and long-term financial commitment.

When you are pushed from pillar to post, when work wants 100% of you, when your family always needs more, when your bank statements scream at you, when time races away from you, when your body feels like a tired, old machine badly in need of a service and you aren’t sure how to keep going.

Super apps, banking-as-a-service, behavioural banking and cyber security. These are just a few of the trends that promise to make the future of banking fast, frictionless, and personalised. The increasing prevalence of smartphones means that billions now have an entire banking system in their pockets.