New Look, New Offerings

Our updated website is now live! And with that I have some news to share: We now offer financial coaching, where we will be taking a closer look at the behavioural side of finance and how to help keep emotions from derailing long-term financial success. Whether it’s designing a plan for your retirement goals, budgeting,Continue reading “New Look, New Offerings”

Continued Repo Rate Hikes

The South African Reserve Bank decided to increase the Repo rate (Repurchase Rate) by a further 75bps to 6.25% at its MPC meeting last Thursday. The decision was not unanimous, with two members of the MPC preferring an increase of 100bps. The decision was in line with market expectations, although some analysts had argued that theContinue reading “Continued Repo Rate Hikes”

South Africans crushed by the volley of living cost increases

Middle-income consumers are spending up to 80% of their monthly salary within five days of being paid. In addition, salaried middle-income consumers with credit, spend on average, 30% of their income on unsecured credit and 35% on secured credit. CEO of Debt Rescue Neil Roets says that their latest survey results show this to beContinue reading “South Africans crushed by the volley of living cost increases”

The Future is Contactless

For the past 10 years, we’ve been hearing about how new-generation mobile apps, wallets, tap-to-pay, NFC solutions and even the humble QR code are going to spell the end of the magnetic stripe card as a means of payment. And here we are, in 2022, and we’re finally taking big steps towards a brave newContinue reading “The Future is Contactless”

A bumpy road ahead

Fasten your seatbelts. We’re in for a bumpy ride. The South African economy has lost momentum since the middle of 2021, despite the ongoing revival of world economic activity and numerous promises by government that policy implementation would be dramatically improved. While the lockdown has impacted all income groups, data shows that South Africa’s middle-classContinue reading “A bumpy road ahead”

South Africans weighed down by financial stress

Financial stress is taking a heavy toll on South Africans. A rallying oil price, combined with a weaker rand, resulted in today’s sharp hike in fuel prices. Petrol (both 93 and 95) is now R1.21 a litre, while diesel now rose to 148.2c a litre. That, along with a huge spike in food inflation, aContinue reading “South Africans weighed down by financial stress”

Have the Will Power to Protect you and your loved Ones

The Covid-19 pandemic has made a lot of people reprioritise their lives, and this has meant a lot of difficult conversations around life, money, and the people we love. Choosing beneficiaries, guardians and deciding how to divide your assets is tough, but we shouldn’t shy away from talking to the people we want to inheritContinue reading “Have the Will Power to Protect you and your loved Ones”

Important Update on Vaccinations & Underwriting

Good day, Several vaccines against COVID-19 have now been developed around the world. The decision whether to get vaccinated has so far been left to the individual citizens. However, there are good reasons, both in theory as well as in practice, to believe that the willingness to get vaccinated might not be sufficiently high toContinue reading “Important Update on Vaccinations & Underwriting”

Looting, Unrest & the Economy

Good day, Zuma’s arrest has been overshadowed by the real economic hurdles South Africa will continue to face, whether he remains behind bars or not, alongside global factors such as reflation, stimulus and global growth. Despite this, there is a real concern as to the effect protests and looting will have on the economy. TheContinue reading “Looting, Unrest & the Economy”