University of Cape Town professor of chemical engineering, Cyril O’Connor, together with a team of scientists, has advised Government to set up a team of experts to monitor the rising fracking industry in the Karoo.
If the government proceeds with its plan to use current Medical Aid tax credits to finance its National Health Insurance (NHI), it could force nearly two million South Africans onto the already overstretched state healthcare system.
Egan Pillay recently became one of the youngest children in South Africa and the first patient to receive a cochlear implant at Netare uMhlanga Hospital, as part of a new programme to assist in combating the issue of deafness in the province.
A Gauteng woman recently learned that small print can become a big problem when her Car Insurance claim was rejected because she didn't fulfill a condition stipulated in the policy.
On Wednesday, 30 August 2017, the Food and Drug Administration (FDA) of the United States approved a revolutionary new cancer treatment for childhood leukaemia. As the first gene therapy to be approved, it is being hailed as a historic approach to the treatment of cancer and possibly other diseases.
The Constitutional Court in August ruled that new homeowners are not responsible for the historical debt of their predecessors, reports the Sunday Times.
South Africa’s funeral industry continues to be unregulated after the National Consumer Commission (NCC) rejected an application from the Funeral Industry Regulatory Authority (FIRA) to become the ombudsman with industry oversight.
If you want nothing less than the best doctors, clinicians, surgeons, nurses and other healthcare professionals on your side, you may not want to look further than Discovery Health's third Patient Survey Score (PaSS).
Statistics South Africa’s mid-year population report shows that South Africa’s population now stands at almost 57 million, with an increase of close to one million people from 2016. The mid-year population estimates were released by Statistician-General Pali Lehohla at the end of July 2017.
South Africans finally saw the light at the end of the recession tunnel when it was announced on Tuesday 05 September that economic conditions have improved in the second quarter of 2017.
Recent statistics by Bryte Insurance and Statistics SA have revealed that while crime levels have decreased, South Africans’ fear of crime related incidents has not.
A massive gun smuggling investigation, which has been held back by several factors including information leaks and murders, has been handed over to the Hawks and is back on track. The firearms investigation is said to be the biggest ever in South Africa.
Critical illnesses such as cancer and heart disease have become alarmingly common among women in South Africa. Members of the Association for Savings & Investment South Africa (ASISA) revealed that more than 60% of critical illness claims made by women last year were due to cancer.
With ongoing violence between metered-taxi operators and Uber drivers, a 12-hour meeting between representatives of the meter taxi association, Uber, Taxify, Zebra cabs and the Minister of Transport, Joe Maswanganyi recently took place to discuss possible solutions to the lack of regulation in the industry.
An Mpumalanga gynaecologist was sentenced to five years’ imprisonment by the Witbank Magistrate’s Court after the death of one of his patients due to complications after giving birth.
Pick n Pay’s CEO, Richard Brasher, recently announced the voluntary retrenchment of approximately 3 500 employees. The process began in April 2017, with employees from head office, the supply chain and in-store staff affected.
The latest statistics released by the South African Banking Risk Information Centre (SABRIC) indicate that bank clients have lost about R21 million in the first half of this year, with 695 incidents reported in which people were robbed after withdrawing cash from ATMs.
New measures aimed at reforming South Africa's fragmented border management model and enforcing stricter regulations at the country's points of entry have become law after the National Assembly finally approved the Border Management Authority Bill.
The new BMW X3 is of special significance to South Africa as it will be produced at BMW’s local plant in Rosslyn, for both local consumption and export, while the 3 Series sedan range will in future be imported.
With the Tesla Model 3 set to arrive in South Africa next year, is the country ready for electric cars? We will soon find out. What most drivers may not know is that we already have 300 electric cars on South African roads, according to a Mail & Guardian report.
With the cost of goods and services rising sharply, most working South Africans look forward to an annual pay raise to beat inflation and interest rates on Personal Loans and credit cards.
The Constitutional Court of South Africa (ConCourt) has delivered its judgement on the motion of no confidence in President Jacob Zuma – and the consequences for South Africa's economy, the next presidential election and the advancement of democracy are hugely significant.
Companies and individuals affected by WannaCry ransomware had barely picked up the pieces when another ransomware started wreaking havoc. The latest cyber attack, called Petya, has wormed its way to South Africa where it affected local organisations, according to Business Tech.
While almost all the previous Life Esidimeni psychiatric patients have been transferred from the NGOs in Gauteng back into hospitals, a group of doctors have warned that the psychiatric structure in South Africa is collapsing.
The Department of Health’s latest White Paper on the National Health Insurance (NHI) was approved by Cabinet on 21 June 2017, making it possible for it to be published as a policy document which can be accessed by the public in the Government Gazette.
After the success of the taxi strike which slowed down business in parts of the economic hub of the country - Johannesburg - in June, more chaos was expected this month, after the South African National Taxi Council (SANTACO) announced plans for a bigger and more coordinated strike in July.
In an attempt to continue the advancement of self-driving cars, the South Korean government will soon open the world’s largest testing ground for self-driving cars known as K-City. The test bed will help developers of these cars to test out their creations in various situations and conditions.
Every year, research universities and hospitals announce new medical discoveries that make the world's most dreaded diseases seem less severe by offering new treatments and medications. Now, scientists have made another breakthrough that could pave the way for new treatments for HIV/AIDS and cancer.
Potholes and faulty traffic lights are leading causes of frustration for drivers. Not only do they pose the risk of vehicle damage and unnecessary accident claims from your Car Insurance provider, they can be life threatening too.
The entire Western Cape was recently declared a disaster zone in order to handle the ongoing drought. The province’s average dam levels are at their lowest in more than 100 years in what’s been declared the most severe drought since 1904.
A study conducted by the Lightstone Property Group for the 2015/2016 financial year revealed surprising results, with the study showing that the administrative capital of South Africa also happens to be the car crime capital. The Pretoria CBD recorded the highest number of car crimes, and not Johannesburg, as would have been expected.
Many travellers get anxious at the thought of being airborne for a couple of hours. Aviation experts, maintain that the most dangerous part of flying is the ride to the airport, and back it up with statistics showing aviation has become a lot safer over the years.
Debit orders make it easier for consumers to stay on top of their monthly bills, whether it’s a retail account or a Personal Loan. But, the automated payment system also has a dark side: that dreaded SMS notification from the bank informing account holders that money has been collected from their salary by an unfamiliar creditor. What follows is an often inconvenient process to dispute and reverse the debit order.
While social grants were successfully paid on Tuesday, 4 April 2017, the South African Social Security Agency (SASSA), has admitted that the crisis over the distribution of social grants should not have happened. While a new service provider will be appointed by December 2017 in order for grant payments to continue, let’s find out how the crisis happened in the first place.
Old Mutual’s Long-Term Perspective Report for 2017 highlights a frightening picture of the escalating living costs for South Africans in the next 10 to 25 years. Among other things, the report reveals how inflation will impact the cost of buying a car, getting private healthcare and sending your child to school in the near future.
General Motors (GM), manufacturers of the well-known Chevrolet and Opel vehicles, announced on 18 May 2017 that it would withdraw its business from South Africa. The US company has been based in Struandale, Port Elizabeth since 1926, briefly pulling out in the 1980s due to the apartheid regime but re-entering again after the fall of apartheid.
South Africa’s tourist industry has seen a recent shift upwards after Statistics South Africa revealed an increase in revenue from February 2016 to February 2017, in their latest tourist accommodation report.
In order to increase the pace of land redistribution in South Africa, Rural Development and Land Reform Minister, Gugile Nkwinti, has announced the possibility of a new land bill, known as the Regulation of Agricultural Land Holdings Bill
The Steve Biko Academic hospital in Pretoria recently received high-end medical equipment as a donation from the Chinese government. The medical equipment, which is estimated to be worth over R1.5 million, includes a high-end portable colour ultrasound system, SynoVent E5 Adult/Neonate ventilators, 24 vital signs patient monitors, and an A7 high-end anaesthesia workstation. The Steve Biko Academic Hospital is the first beneficiary of a cooperation agreement in healthcare between Africa and China that was made in 2015 during the Forum on China-Africa Cooperation (FOCAC) Health Ministerial Meeting.
South Africa is home to a number of grocery chains that offer shoppers a wide variety of items – from cupboard staples to personal care products to household supplies and even Personal Loans in some cases. But, which supermarkets provide the highest satisfaction in regard to shopping experience?
A growing number of consumers are discovering the benefits of comparing and purchasing insurance products online, a new study by professional services firm, PricewaterhouseCoopers (PwC) revealed.
The City of Cape Town has recently announced its ideas to alleviate traffic congestion in Cape Town by introducing a strategy that suggests alternative travel modes, schedules and working spaces.
South Africans can now check their credit score on their cellphone before applying for a Personal Loan, thanks to a new service launched by TransUnion.
Mastercard has won the race to develop the world's first biometric credit card and South African consumers are first in line to verify card transactions via fingerprint scans.
As SANRAL (The South African National Roads Agency) prepares to go ahead with legal action against non-paying e-toll motorists, it has also started to look into alternative systems to fund road construction and maintenance.
Shelter, one of the basic human needs, has now become an overpriced amenity in Cape Town, where the average family is likely to shell out twice as much for rent than their Gauteng counterparts.
With the aim of assisting parents to choose the best schools for their children in the province, the Gauteng Department of Education will soon introduce a ranking system that will rate both township and former model C schools on several criteria.
After Rhodes University drafted its new language policy, which allows students to use a mother tongue for learning, a South African music teacher was given the opportunity to conduct work in his vernacular language.
As of 1 March 2017, private South African citizens of the Eastern Cape can fix roads themselves, and then charge the amount to the provincial Roads Department to be reimbursed.
On Friday, 7 April 2017 South Africans across the country took to the streets to protest against President Jacob Zuma’s position in office, and his midnight cabinet reshuffle.
The latest Employment Outlook Survey, released by Manpower Group SA, has revealed that South African employers are surprisingly optimistic about hiring capabilities in 2017.
City of Johannesburg Mayor Herman Mashaba recently launched the extended operating hours for six clinics in various areas around Johannesburg, which cost the city about R7 million, according to a report
Gauteng motorists who have not yet paid overdue traffic fines may soon be freed from their obligation to do so after a breakthrough court ruling recently came into effect, according to the AARTO Facts website run by Justice Project South Africa (JPSA).
Over the years, Cape Town has managed to scrape in on a few international rankings, from the Most Beautiful City and Best Foreign City to Global Sustainable City and World's Best City. Now, it is also one of the cities where you're most likely to sit in gridlock during peak hours according to Navigation Company Tom Tom.
For many University of South Africa (UNISA) students the 2017 academic year got off to a shaky start as hundreds were left frustrated when they could not register for the 2017 academic year because UNISA staff and the National Health Education and Allied Workers Union (NEHAWU) members were on strike.
The Organisation Undoing Tax Abuse (OUTA) has come out opposing the South African National Roads Agency Limited’s (SANRAL’s) threat to press criminal charges against motorists who haven’t settled their e-tolls and to acquire default judgements against individuals or businesses that don’t pay attention to summonses for outstanding e-tolls.
As of the end of January 2017, more than 70 traffic officials working for the city of Johannesburg have been suspended over fraud and corruption charges
South Africa’s national investment promotion agency, Investment South Africa (ISA) recently signed a Memorandum of Understanding (MoU) with the Thailand’s Board of Investment in Bangkok
The University of South Africa (Unisa) has appointed former President Thabo Mbeki as its new chancellor to succeed Judge Bernard Ngoepe, who has occupied the chancellor's seat for 15 years.
UberEATS, a new food delivery service in South Africa recently expanded its business to Cape Town on 26 January 2017, just four months after its launch in Johannesburg.
With so many Car Insurance companies in the market all competing against each other, choosing the best Car Insurance package for your vehicle that also fits your budget can be tricky.
Engaging in malicious social media behaviour could lead to more than just a ban on a social network when government's strategy to tighten the noose on cyber offenders comes into effect. With the revised Cybercrime and Cybersecurity Bill going into parliamentary review soon, South Africa’s social media users will need to think twice before sending or posting potentially destructive messages online as these will result in a penalty and/or hefty jail sentence.
On Monday, 13 February 2017 U.S. President Donald Trump spoke to Jacob Zuma over the phone in order to touch base after his inauguration. No details of the conversation were revealed to the public before the discussion, but it was hoped by Deputy President Cyril Ramaphosa that Trump would have a positive outlook on U.S. relations with South Africa and Africa as a whole.
Walter Pike, a 60 year old media strategist from Johannesburg is one of the first cancer patients in the world to undergo the experimental treatment for cancer known as targeted radionuclide therapy.
As Europe celebrates the 20th anniversary of Euro New Car Assessment Programme (NCAP) star ratings, the Automobile Association (AA) is calling for the implementation of a similar South African safety ratings system – albeit one that would require crash test results to be displayed on all new selling vehicles.
A recent report on car hijackings that was published on the Arrive Alive website revealed the highest hijacking hotspots in South Africa. The statistics showed the highest-risk areas and suburbs in the country and, perhaps as expected, Gauteng came up at the top.
Last year new vehicle sales in South Africa dropped once again, marking a three year decline. Numerous reasons have been attributed to the decline in sales, the main reasons being the 14% price inflation on new cars, the weak Rand, and expectedly low consumer confidence. Sales fell from 54 230 in 2015 to 48 745 at the end of 2016.
South African university students had an encouraging start to the 2017 academic year with the announcement that government has introduced several additional grants to financially needy students in an effort to get the higher education system back on a sound footing after a chaotic 2016.
On 11 January 2017 President Jacob Zuma signed seven new finance bills into law. These bills were signed into law a long time after they were proposed due to the parliamentary recess for local government elections to take place.
South Africa’s poultry industry is facing a difficult time ahead as the European Union (EU) begins to dominate the market. With an oversupply of chicken legs, wings and thighs in the EU, these pieces are being sold to South Africa at extremely low costs. Local farmers are unable to compete with the low prices, resulting in jobs losses and farms closures.
In January Patricia de Lille confirmed her resignation as leader of the Democratic Alliance (DA) in the Western Cape. The party’s new provincial leader has not yet been elected, however, the Western Cape DA deputy leader will fill the position until a new provincial leader is elected.
High school pupils will soon be adding a new subject to their timetable that would have them learn how to drive a vehicle and get a good working knowledge of the rules of the road. This is the result of a partnership between the Road Traffic Infringement Agency (RTIA) and the Department of Basic Education, aimed at giving students a head start on their driving abilities, Business Tech reports.
Airports Company South Africa (ACSA) confirmed that a South African Tourism campaign said to be giving tourists the wrong message would be removed from the international arrivals entranceway of OR Tambo International Airport.
Self-test HIV kits have hit the shelves of local pharmacies and for under R60, South Africans can perform a blood screening at home in an environment they feel comfortable in. The test offers quick and straightforward results without having to go to a healthcare centre first.
The future of a top performing matric pupil from KwaZulu-Natal, whose mother’s daily struggle selling sweets and snacks at her spaza shop motivated her to work even harder, looks bright after she was awarded a bursary by the Department of Water and Sanitation.
On Monday, 16 January 2017, National Consumer Commissioner Ebrahim Mohamed and CEO of Ford South Africa, Jeffrey Nemeth announced that Ford would be recalling all Ford Kuga 1.6 litre vehicles produced between December 2012 and February 2014 due to safety issues. Roughly 4 556 of these vehicles to date have been recalled, after 48 of the models experienced overheating issues, and burst into flames.
Over the past couple of weeks the City of Cape Town has been battling devastating fires that forced residents in certain areas like the Welcome Glen section of Glencairn to flee their homes for safety.
A controversial transformation of language policies in schools is just one of the new ventures government has in the pipeline for the basic education system this year. This comes after the Constitutional Court in 2016 ruled that school governing boards will no longer have the authority to influence policies, admissions, fees and dress codes.
On Sunday, 20 November 2016 Deputy President Cyril Ramaphosa announced the proposed national minimum wage of R3 500 at a press conference at the National Economic Development and Labour Council (Nedlac) offices.
As of 1 November 2016, the City of Cape Town has implemented level three water restrictions. This decision was made by Mayor Patricia de Lille’s mayoral committee after discussing the harsh water crisis facing the Western Cape and the country.
South Africans may have to prepare themselves for significant tax increases later this year. The country’s sluggish economic growth, lower revenue collection and student demands for free education have put the Treasury in a challenging position.
Sometimes we face obstacles on the road to achieving our dreams – little setbacks that either delay us or may even permanently halt our dreams. Most of the time these challenges are things that can be fixed with a little help – whether by physical, emotional or financial means.
Government last year unveiled plans for new road and traffic regulations in an attempt to improve road safety. The potential amendments, first outlined in the 2015 Government Gazette, proposed lower speed limits, that bakkies be forbidden from carrying children in the load bay, and that trucks be banned from sharing roads with peak-hour traffic.
A mother recently made a claim of R40m in damages after her daughter was allegedly left physically and mentally disabled due to ill treatment at a Durban hospital.
Although the water level of the Vaal Dam has improved due to recent rainfall in Gauteng, the Department of Water and Sanitation said this does not mean the drought is over.
Platinum producers in South Africa have dissociated themselves from JIC Mining Services (Pty) Ltd, the biggest mining segment within the Gupta-owned Oakbay Investments
Deputy President Cyril Ramaphosa announced during an event to mark the 20th anniversary of the Democratic Nursing Organisation of South Africa (DENOSA) that more needs to be done to improve the current working hours and conditions of South Africa’s nurses.
South Africa’s richest province, Gauteng, lost 113 children to malnutrition in the space of one year. Health Minister Qedani Mahlangu revealed this when she presented the 2015/2016 annual report to the health portfolio committee in Orange Farm.
South African motorists who are not up to speed with the country's current towing guidelines and who tow their load unlawfully, may not only be fined but also have their Car Insurance claim denied if they're involved in an accident.
In the wake of Medical Aid premium increases announced by some of the biggest medical schemes in South Africa last month, the issue of expensive health care comes to the fore once again.
Manufacturers of self-driving cars may need to take out their own Car Insurance to cover any financial liability to victims of auto accidents. This is one of the proposals made in a new piece of legislation by the British government, which will come into effect in 2017. The regulation aims to address the issue of how self-driving cars should be insured when they are introduced to the mainstream in the future.
The latest in a campaign to end a crisis over fatigued doctors and understaffed hospitals outlines that doctors are to be given coloured armbands to make the public aware of the dangerously long hours they have been working at these hospitals.
Whether you want a leaky faucet fixed or install new wiring around your home, finding a reliable tradesperson for the job can be difficult, even more so when your maintenance and repair needs are an emergency.
George Democratic Alliance (DA) councillor, Lulamile Xesi died on 24 September 2016 after he was trapped inside his burning house in Thembalethu. The cause of the house fire is not yet known but an inquest docket has been opened. His friend, who was in the house with him, managed to escape unharmed.
The body of a Swiss-born Cape Town resident was found close to the Crocodile River within the Lowveld National Botanical Gardens in Mbombela on 24 September 2016.
The Road Accident Fund (RAF) is tightening its compensation procedures in a bid to curb fraudulent requests and reduce the organisation's mounting debt. The proposal of a new scheme called the Road Accident Benefit Scheme comes amid fake claims worth R126 million submitted to the entity between April and June 2016.
Alarming research findings presented at the 2016 Institute of Retirement Funds Africa (IRFA) conference revealed that very few South African professionals are saving for their retirement and are increasingly turning to relatives and friends for financial assistance.
If you ever wondered what goes into orchestrating a state funeral for government dignitaries, you can now put your curiosity to rest. The presidency has made public its State, Official and Provincial Official Funeral Policy Manual, which describes the categories and procedures of state funerals.
Recently sworn-in African National Congress (ANC) councillor, Nonhlanhla Mthembu, collapsed during the first Johannesburg council meeting on Monday, 22 August 2016. Emergency services were called to her aid and the council subsequently took a break and were informed of her passing soon afterwards. The cause of her death is still unknown.
New World Wealth recently released its annual review of South Africa’s top 10 residential estates, and a few new entrants such as Whale Rock Ridge in Plettenberg Bay and Steyn City in Johannesburg made the cut.
A Cape Town family is celebrating a mother and son’s triumph over kidney failure and breast cancer. Lenora Hammond and her son Christopher have not only fought their illnesses, but they have gone on to excel.
South African fixed-income asset manager, Futuregrowth has stopped lending to six state-owned enterprises as it is concerned by political uncertainty, government infighting and possible mismanagement of state funds.
The last thing you might want to think about is how you want to be laid to rest. But what you decide to do with your remains can be a great way to honour your legacy and celebrate your life, particularly for those who are left behind.
The Beverage Association of South Africa (BevSA) advises that if sugar tax becomes a reality in South Africa, our economy will suffer financial losses close to R14 billion. This comes after the proposal of a 20% levy on sugar-sweetened drinks made by Finance Minister Pravin Gordhan during his budget speech earlier this year.
The sale of new cars declined further in September 2016 after showing waning figures throughout the year, according to the latest figures released by the National Association of Automobile Manufacturers of South Africa (Naamsa).
With the Summer Olympics in Rio all done and dusted, what were South Africa’s highlights and achievements? Now that TeamSA are back on home soil, Hippo.co.za looks back at the top 10 highlights from Rio 2016.
Despite the negative outlook for crime reported by the South African Police Service in 2015, a new book titled A Citizen’s Guide to Crime Trends in South Africa by University of Cape Town scholars Anine Kriegler and Mark Shaw, claim that the physical safety of the majority of South Africans has, in fact, significantly improved over the last twenty years.
Households looking to power up the green way will have to install their own solar panels since Eskom won't add more renewable energy to the national electricity grid soon. According to Eskom's CEO, Brian Molefe, the country's energy provider decided to pull the plug on new contracts with independent power producers as they found that the Integrated Resource Plan (IRP) of 2011 is economically impractical.
The Credit Ombud – an organisation started by the National Credit Regulator to solve disputes between consumers and credit providers – has tightened the reins on credit providers for apparent irresponsible lending practices in 2015. Their mediation has led to the cancellation of many consumers' principal debts or interest charges, the Ombud's latest report [PDF] shows.
South Africa’s long talked about driver demerit system was supposed to be given the go ahead in April 2016. As of September, the point system has yet to be put in place, even though it was originally proposed roughly 18 years ago.
The vaccination debate has been around for decades, but recently the anti-vaccination movement has gained momentum in South Africa. With celebrities adding their voices to the debate, it’s drawing arguments from all sides, even though there is currently no scientific evidence proving the harmful effects of vaccines. Although the Health Department strongly recommends vaccination, it is not compulsory, and an increasing number of people are choosing not to vaccinate their children.
South African universities may soon be faced with another hold-up as bed shortages at student residences are estimated to amount to 216 000. The Minister of Higher Education and Training, Blade Nzimande, has called for more solutions to tackle the backlog.
Just days after a brutal attack against an Uber driver in Manenberg, Thursday, 14 July saw a violent clash between metered taxi drivers and the police in Cape Town’s city centre, in a protest that ended in at least 15 arrests and numerous threats against Uber drivers. It seems Western Cape metered taxi drivers are still largely unhappy about the advantages they feel Uber has over the industry, and are making their thoughts known.
The South African Broadcasting Commission (SABC) now offers citizens who pay their TV licences, free Funeral Cover. The offer is a reward for all loyal payers, as currently only a third of all TV licence holders pay their fee every year.
Many people wonder when/if Funeral Cover would be the right choice for them, so we decided to break it down. Here’s why your family needs you to get Funeral Cover ASAP.
The Department of Transport has proposed new number plates for all South African vehicle owners in 2017. Hippo.co.za looks into what the plan is and how it might affect drivers.
A grandfather from Cape Town, who has completed his master’s degree at the age of 71, has demonstrated the truth of the words from Robert E. Lee, a wise man who once said: “The education of a man is never completed until he dies”.
State-owned company Eskom Holdings has reported a profit surge of R4.6 billion and a revenue increase of 11% amounting to R163.4 billion for the financial year, which ended in March 2016.
The late Orlando Pirates football star, Senzo Meyiwa’s Life Insurance payout which is said to be a total sum of R4 million, took about 18 months to be paid out
What started as an inspiring gesture rapidly escalated to controversy when the singing-and-dancing South African firefighters, involved in a firefighting operation in Canada, were sent home after a pay dispute last month.
Crowdfunding has become increasingly popular in the last few years, how does it work and how will it benefit South African entrepreneurs? Hippo.co.za investigates the growing trend of crowdfunding.
South Africa’s brain drain shows no sign of slowing down. Where are all of our skilled workers going, why are they leaving and how can we win them back?
The National Prosecuting Authority (NPA) has given the Western Cape Department of Transport the green light to reintroduce the Dräger breathalyser on the province's roads.
Every winter hundreds of people are displaced from their homes due to flooding caused by Cape Town’s heavy seasonal rains. But, that should not be the case this winter as the City of Cape Town is ready to tackle the torrential downpours.
The current drought is recorded as one of the worst to ever hit South Africa, and its effects on the country’s economy have been severe, pushing food prices up due to crippled key crops, like maize– the country’s staple food.
The Department of Home Affairs has widened the age limit for citizens who are eligible to apply for Smart IDs at four of the country's banks.
The entry and rapid growth of Uber in South Africa has come with a wave of praise as well as its fair share of criticism. As the new competitor on the market, one that offers a new and improved transport service, there are numerous arguments from a number of parties.
Unfortunately the buy-to-let (BTL) market is not as simple as it once was, and there are numerous details you should be aware of before diving into this side of the property market.
The saga over the electronic tolling (e-toll) system on Gauteng’s highways continues. Political parties have reinforced their plea that e-tolls should be dropped because motorists cannot afford them.
Breaking news this morning has the UK voting to implement a British exit (or Brexit) from the European Union (EU), causing shock across the world. The voting took place yesterday with the results published early this morning.
Many of us have heard about the rolling out of fibre optic cables in South Africa, but few of us understand the tech-centric process, and how it will affect us.
Surveillance footage of hijacking incidents have been grabbing headlines over the last few months, with many of these videos going viral on social media.
Moody’s, the independent investors service that was reviewing the creditworthiness of our country, finally released their report of findings on 8 May 2016. While they didn’t bump down our credit grade, which is only two notches above junk status, they did conclude their review with a ‘negative outlook’. This means that they consider our country a relatively safe place to invest in, but they predict that this might change for the worse. Rating outlooks aim to predict the direction the rating will take in future. Usually they are stable, but rating outlooks can also be positive or negative. While the outlook is not an inevitable conclusion, South Africa’s status will be downgraded if economic growth and the currently unhealthy government bank balances don’t improve soon.
The fear of load shedding has been on every South African’s mind as winter fast approaches. With 2015’s major blackouts vividly remembered, South African’s have been unsure of whether this situation might repeat itself in 2016. Eskom has recently tried to put those fears to rest after announcing that if all current maintenance on the country’s power plants goes according to plan, the country will be free from load shedding throughout winter. After President Jacob Zuma’s visit to Eskom’s headquarters on Friday May 6, he reiterated that he is confident Eskom has done enough to prevent blackouts for the rest of the year. South Africans therefore, don’t have to worry about power outages, effects on productivity, power surges or damages to home contents just yet.
According to the Organisation Undoing Tax Abuse (OUTA), more than 2 million people are refusing to pay their e-toll bills. This means that only 9% of Gauteng motorists driving on the province's freeways are keeping up with their e-toll payments. OUTA says that e-toll revenue mainly comes from logistics companies, car rental firms and the government fleet.
South Africans have been holding their breath recently awaiting the outcome of a review by Moody’s, an independent investors service that ranks the creditworthiness of businesses, and in this case, countries. This review was to determine whether South Africa was still considered investment-worthy or not. South Africans were relieved to find out this past weekend that Moody’s still considers our country to be two notches above the borderline for junk status. This means that, for the time being, inflation is stalled; the value of the Rand has stopped plummeting; and government, businesses, and even individuals don’t need to worry about rising interest rates on their loans just yet.
The price of crude oil has risen to its highest level in 2016 when it reached $43.40 for the West Texas Intermediate (WTI) and $44.07 for Brent North Sea today. The most recent reasons being the raging fire in Alberta, Canada, home to substantial oil reserves, and the ongoing tension in Libya, which holds Africa’s largest oil reserves.
South African Insurance Times and Investment News recently published statistics that point out the importance of Life Insurance in helping consumers overcome financial pressure.