Tag: savings

The lease stands as the cornerstone of occupier-landlord relationships in commercial real estate. Yet beneath the surface of these meticulously drafted documents lies a complex web of financial obligations and legal stipulations that can easily become tangled. The more leases an organisation has, the higher the risk of costly trip-ups.

No matter how much you love your job, financial freedom should be your ultimate goal. For those unfamiliar with the term, financial freedom can best be understood as a state where individuals or households have enough financial resources to cover their living expenses without having to depend on work to maintain their standard of living.

This vidcast discusses the Pick n Pay (PnP) rights offer and the incentive package that Sean Summers negotiated for himself. We also look into commodities and the USD/ZAR with our guest Ruan Landsberg, Market Analyst at Finalto.

Between work, family, and personal commitments, carving out moments for ourselves feels like a constant battle. One area that often gets squeezed? Managing our finances. This challenge is interlinked to our most valuable commodity: time. People simply do not have enough time.

The “cashless revolution” spurred by the COVID-19 pandemic has proven durable and persistent. PwC’s Payments 2025 & beyond publication, released in 2021, reported a 42% increase in global cashless payment volumes. The 2023 McKinsey Global Payments Report found that global cash usage continued to decline – by four percentage points year on year – and that the growth rate of electronic transactions was nearly triple that of the overall growth in payments revenue.

Soaring flight prices, persistent inflation in South Africa, and rising hotel rates in major business hubs have yet to deter business travel. In fact, the GBTA Business Travel Outlook 2023 illustrates global business travel is expected to recover to its pre-pandemic level in 2024, a full two years earlier than anticipated.

The Corporation for Deposit Insurance (CODI) finally aligns South Africa with the rest of the G20. By guaranteeing cash deposits of up to R100,000 per qualifying depositor in the event of a bank collapse, this innovative new scheme has the potential to change South Africa’s banking landscape, which is currently dominated by the Big Five (FNB, Nedbank, Standard, Absa and Capitec).

Your Rich BFF is here to reveal the secrets to financial success that the wealthy have been gatekeeping for generations. For too long finance has been male, pale, and stale and that's why Vivian Tu, ex- Wall Street Trader and now Your Rich BFF, is here to bust the myth of hard work and reveal the rules of the Rich.

With 2024 approaching, many businesses will be reviewing and adjusting their travel budgets in light of spending predictions for the coming year. In terms of benchmarks, the Global Business Travel Association (GBTA) puts the average global spend at around $829 per business trip (R14,922).

As a testament to the resilience and dedication of South African stokvel savers, we reveal that its customers' stokvel net deposits have increased by 42%. Since November 2019, our stokvel customers have continually increased saving via a stokvel surpassing the R8.3 billion mark in total member contributions.