INVESTMENT: South Africans are ready to start saving

Savings 2

According to the latest research by Barclays Africa, Africans are more willing to save than ever before. The youth of Africa would rather invest their money to fund further education than to spend it on flashy consumer goods. Finweek investigates.

RETIREMENT: Free retirement-ready seminar

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The Wealth Corporation will be hosting a series of coaching seminars across South Africa to offer advice and practical know-how, to help attendees look at their retirement needs practically. Read more to see when the seminar will be in your area.

MONEY: When a student loan is your only option

School

In a country with a high unemployment rate, you have to be prepared to go the extra mile in order to secure a job. Having higher education can only be beneficial. The price of higher education however is getting steeper, with tuition and residence fees climbing into the tens of thousands. Moxima Gama explains.

RETIREMENT: Why retirees come up short

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According to statistics from the Pension Funds Adjudicator (PFA), the main complaint received from retirement fund members (after contributing to a pension fund with a promised return), are that the fund payout does not correlate with promises made by their broker or the product provider. Finweek investigates.

MONEY: Secured, unsecured or credit card?

money road

Without loans in South Africa, people won’t be able to afford many lifestyle related expenses. Consumers take out loans for different reasons, but often they don’t consider the type of loan they take. We help you understand the different types of loans.

RETIREMENT: Do not fear retirement fund reforms

retirement

There have been rumours circulating that retirement fund members’ savings will be locked up, taken or used elsewhere, this is simply not true. All fears surrounding this issue should be alleviated. We take a closer look at the new proposed retirement reforms.

INSIGHT: Consumers still prefer in-store shopping

Buying

According to the Accenture Seamless Retail Survey, the majority of consumers in South Africa still prefer shopping in-store as opposed to online or mobile. This highlights the immense importance of the shopping experience. We take a closer look.

MONEY: It’s tax return time for individual taxpayers

Tax

17 000 South African taxpayers have already submitted tax returns in mid-July, so it is wise to avoid the stampede when the deadline approaches. We look at tips and advice on what you need to know when filing your tax returns.

MONEY: Rise in Repo rate will affect households

Debt

The Repo rate has been raised with 0.25 of a percentage point on 17 July. We take a closer look at what the Reserve Bank predicts for the next few years.

PERSONAL FINANCE: Beware of the interest rate increases

Debt

According to market commentators, inflation is expected to increase and remain above 6% for the rest of the year. In addition, the prime interest rate is expected to peak at about 11% by 2015. We look at effective ways to manage one’s budget.