Tag: John Manyike

The rush to enrol at universities and colleges is just about over. But by December, about 60% of the students who enrolled this year will drop out. With the dropout rate will go the career dreams of many, hard-earned savings, and the realisation that student loans will now have to be repaid.

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. 

There has never been a more critical time than now for employers to celebrate worker’s month by providing their employees with structured wellbeing programmes with a particular focus on financial wellbeing that can ultimately affect the bottom line if not managed effectively.

Many people around the world are turning to the gig economy and side hustles to make ends meet, especially as the economy continues to take further knocks from the COVID-19 pandemic. Cash strapped South African consumers are taking strain from debt collectors with limited options to manoeuvre their existing budgets but very few have spotted the opportunity or potential of the gig economy.  

The COVID-19 pandemic has brought the global economy to its knees, and inevitably many employers will need to contain costs by cutting salaries. Being hit with a salary cut or a retrenchment is something every employee dreads, but it’s important not to panic and to manage the situation as responsibly as possible.

The practice of lobola is an intrinsic part of getting married for many South Africans. But is it a tradition or a legal process? A legal marriage protects your rights, particularly your property rights, if the marriage fails. That’s why it is important for South Africans to know the relationship between lobola and a legal marriage.