Tag: financial wellbeing

With everyday expenses mounting, from school fees and rising living costs to lingering holiday debt, companies have a timely opportunity to support and motivate their employees. Modern incentive solutions not only enhance employee morale. They also provide crucial financial flexibility when it is needed most.

The repo rate, inflation and the Reserve Bank’s decisions all play a role in shaping our finances, from savings and loans to monthly payments. Understanding how these factors influence our financial well-being can help us make informed decisions and prepare for economic changes.

The South African government has concluded its 2025 budget deliberations. It announced a Value Added Tax (VAT) increase of 0.5% from May 2025. It also announced a possible further 0.5% hike by April 2026. These increases are part of measures to address the growing budget deficit.

An oftentimes overlooked subject when it comes to effective parenting, empowering children with financial literacy from a young age is one of the greatest gifts parents can give to their children. As the world becomes increasingly complex, teaching your little ones about sound financial management isn’t just about educating them about what Rands and cents are or, how money works; it’s about equipping them with the skills and knowledge to navigate a financially savvy future.

In the dynamic world of business, unexpected events can strike at any moment, threatening the stability of even the most well-established enterprises. From property damage caused by natural disasters to lawsuits from disgruntled customers, the need for comprehensive business insurance cannot be overstated.

When you hear the word ‘carbon emissions’, images of towering chimneys at coal-fired plants, endless motor vehicles on the highway, and large-scale manufacturing facilities may come to mind. But have you ever considered the environmental impact of your company laptop? Research shows that 3.7% of carbon emissions, also known as global greenhouse gas emissions (GHG), are caused by digital technologies.

Flexibility and convenience have become non-negotiable expectations for modern consumers. Modern wage models are increasingly embracing the same ideals. We are at the forefront of this transformative shift, empowering employees to take control of their financial futures.

The South African Rand (ZAR) is experiencing another tumultuous period. Following a robust rally last Tuesday, the Rand’s fortunes have taken a hit, with its earlier gains yielding to a more cautious market sentiment. Factors contributing to this turbulence include geo-political concerns in the Middle East, particularly Israel’s preparation for a potential offensive in Gaza, which has raised fears of energy supply disruptions and global economic repercussions.

Like it or not, money lies at the very core of modern society. When considering financial wellbeing as the balance point between life hurdles or hardships and comfortable adjustment, the importance of money matters is apparent, explains psychologist Dr Erika Hitge.

We have announced the findings of our inaugural Retirement Insights Survey, the first retirement research of its kind conducted by an integrated financial services provider in South Africa. Against the backdrop of widespread belief that South Africa lacks a savings culture, the survey unveils some reasons for disparities in retirement savings beyond apathy or income.