Tag: debt

Are you aware that there is a prescription period for every claim? It would help if you were mindful of the prescription periods and how they apply to your claim. This article aims to explain the prescription periods, when they apply, and the exceptions to them. The prescription period is governed by the Prescription Act 68 of 1969 (the “Act”). 

It’s incredible how many people make resolutions about getting themselves in shape when a new year begins. Very few of us, it seems, think about the ‘financial hangover’ that we are dragging into a new year and how much getting personal finances back in shape could benefit our lives. 

Bank or private debt and venture debt are separate segments in the debt financing market. In contrast to venture debt financings, which relate to start-ups, bank or private debt financings involve the financing of established companies that have already generated profits, can provide collateral and service the debt from the start.

Receiving a bonus is an exciting event and a time for celebration to recognise the hard work you put in throughout the year. Bonuses also provide us with an opportunity to achieve our financial goals. When we think about spending the money, we need to do so responsibly.

MultiChoice Group (MCG or the group) grew its user base by 5% during the period ended 30 September 2022 (1H FY23). An ongoing focus on leveraging the group’s local capabilities added 1.0 million 90-day active subscribers to close the period on 22.1 million subscribers, with the subscriber base split between 13.0 million households (59%) in the Rest of Africa and 9.1m (41%) in South Africa.

When we think about our legacy, it usually involves things like building a solid career, raising well-adjusted children and passing on cherished family traditions. However, your legacy could also be about teaching your children the life lessons and everyday habits that your parents and grandparents taught you, either through you modelling their behaviour or by heeding their advice.

In 1909, four women board a ship in Madras to cross the Kala Pani, the ‘black water’, to Natal. On board the ship, the women will form friendships and alliances. They will help each other through trial and trauma, even after they arrive and are separated.

The 1400+ participants of our South African Consumers’ Financial Reality June 2022 survey results provide various insights concerning their current financial situation. Consumers are experiencing dire financial times, and thus, #SavingsMonth is no celebration this year.

The economies in many countries have not seen a recession for more than a decade. Low levels of unemployment and low loss rates in retail credit have allowed banks to lose focus on their collection and recovery departments.

The investment landscape has changed profoundly over the past decade, making it easier than ever for individuals to take control of their own investment portfolios. It’s a simple matter for nearly anyone to trade shares via their online banking platform, for example, or to access a range of funds and products from an online stockbroker or wealth management firm.