Consumer Protection Bodies Join Forces! Enhanced Consumer Protection To enhance consumer protection, the National Consumer Commissioner Ebrahim Mohamed has highlighted the necessity for consumer protection bodies to support one other’s work...
Category - NDA Blog
Budget 2016 – The Key Points
Budget 2016 – The Key Points Nitty-gritty of Budget 2016 Yesterday, Finance Minister Pravin Gordhan gave the budget 2016 speech, wherein he announced how the R1.5 trillion budget would be spent. What is clear now is that high-income earners...
NCR Crackdown – 13 Microlenders Referred to Tribunal!
NCR Crackdown – 13 Microlenders Referred to Tribunal! NCR Crackdown on Creditors Last week, the National Credit Regulator (NCR) referred 13 microlenders to the National Consumer Tribunal (NCT) for numerous violations of the National Credit...
Good News – Petrol Price to Fall in March!
Good News – Petrol Price to Fall in March! Big Petrol Price Drop The petrol price is expected to drop by a considerable amount in March, while the wholesale diesel price is predicted to remain the same after a huge fall during February....
The Unconventional Ways Millennials Invest
The Unconventional Ways Millennials Invest The unrelenting volatility of the global and local market is expected to persist into the foreseeable future. This shaky scenario has been met with bearish sentiment – investment talk for the...
SONA 2016 – The Main Points
SONA 2016 – The Main Points After an interesting start to the SONA 2016 (State of the Nation Address) on Thursday evening, President Jacob Zuma addressed the areas government has undertaken to improve this financial year. SONA 2016 Point 1:...
6 Ways to Save & Seduce This Valentine’s Day
6 Ways to Save & Seduce This Valentine’s Day Whether you are the spoiler, ‘spoilee’ or both – as it should be – this Valentine’s Day, there’s no need to break the bank in order to kindle that loving feeling on this day of romance, cupid...
Electricity Tariffs – Hike or No Hike?
Electricity Tariffs – Hike or No Hike? The Jury is Out on Electricity Tariffs The National Energy Regulator of South Africa (Nersa) will announce whether or not it will approve Eskom’s proposed hike of electricity tariffs on February 25. The...
What Will T-Day Bring?
What Will T-Day Bring? T-Day Approaches T-Day – the day tax reforms for retirement funds of all kinds will be launched – is set to take place on 1 March, 2016. The major aim of the new tax regime is to focus the financial activities of South...
5 Powerful Reasons for Funeral or Life Insurance
5 Powerful Reasons for Funeral or Life Insurance The prevalent misconception that taking out funeral or life insurance on your spouse is a tasteless thing to do has somehow persisted within modern society. Far too many South African couples...
How to Save as Interest Rates Rise
How to Save as Interest Rates Rise A Higher Interest Rate Environment You may be wondering how you should save and invest now that the South African Reserve Bank (SARB) has hiked the repo rate by 25 basis points up to 6.25%, if you are one...
Prepare to Pay Higher Interest Rates This Christmas!
Prepare to Pay Higher Interest Rates This Christmas! Sarb Ups the Ante Yesterday, 19th November 2015, interest rates were hiked by 0.25%, by the South African Reserve Bank's (Sarb) monetary policy committee (MPC). As a result, credit users...