Business and Finance on Webmail.co.za

Don't conduct business with Model Insurance, ombud warns

The Ombud for Financial Services Providers has ordered Model Insurance Company to pay almost R100,000 to a complainant whose car insurance claim was rejected unlawfully.

Cyril Ramaphosa's goal to woo foreign investment yields success

South Africa’s foreign direct investment more than doubled in 2018 to reach its highest in five years, the central bank said on Wednesday, giving a boost to President Cyril Ramaphosa’s pledge to woo investors to help revive a struggling economy.

Medical schemes regulator backs Samwumed curator despite union woes

According to Joe Seloane, curator of Samwumed, and Sipho Kabane, registrar of medical schemes, the scheme is financially and operationally sound and will be ready for trustee elections by the end of August.

Load-shedding is 'unacceptable and disruptive to our economy': Gordhan

Load-shedding‚ especially stage 4 load-shedding‚ is “unacceptable and disruptive to our economy”.

Our lives will 'change for the better'

Community praises Kagiso Trust initiative

Benefits for pupils and community

The Beyers Naudé Schools Development Programme (BNSDP) by the Kagiso Trust is not only limited to assist pupils at school level, but is also committed to help deserving students to further their studies at universities. Speaking at the launch at Sehlaku Secondary School in Driekop, Burgersfort, Kagiso Trust chief operations officer Themba Mola said the BNSDP was committed to help deserving students at universities.

Kagiso's quest to improve lives and matric results

Programmes involve upgrading infrastructure

Moja Café's future unclear

Family that owns property wants it back amid by-law violations claim

Pricing brought Group Five to its knees, say board members

Group Five has largely blamed the under-pricing of construction projects for the company's downfall.

You can't afford not to have medical cover

Sign up for the most basic plan if money is tight

No set benefits for low-cost plans yet

Take care as cover for private doctor day-to-day healthcare needs varies widely

Understanding your first payslip

Knowing what your cost-to-company package means can avoid surprises

Paying off the mortgage versus investing more

Let's do a little investment simulation. Don't worry - I'll do the maths. Nomusa has a R5,000 personal loan and a R20,000 share portfolio. Her net worth is R15,000 (R20,000 share portfolio minus the personal loan). If the stock market goes up by 10%, Nomusa makes R2,000 (R20,000 multiply by 10%) and her net worth goes up to R17,000 (R22,000 in the portfolio, minus the R5,000 loan).

MTN to list Nigeria unit towards April and May - MTN Nigeria CEO

Fall of construction giant Group 5 ‘is the government’s fault’

The looming demise of SA construction giant Group 5 shines the light on a cash-strapped government unable to pay for large-scale projects, say economists and business rescue experts.

Perfect model of Good Green Deeds

An entrepreneur in East London is turning plastic waste to money and creating a new industry in the Eastern Cape.

Make your budget balance: top tips to deal with personal loans

SPONSORED | Understanding your debt can help you budget better

Bidvest says Mpumi Madisa will be its next CEO

Lindsay Ralphs will remain CEO until the 2021 financial year, which begins in July 2020

Businesses say 'Yes' to Ramaphosa's youth employment initiative

A new partnership by business incubator Raizcorp and youth employment organisation Lulaway has been formed.

Plan and budget to achieve financial freedom in your lifetime

Planning is required for most tasks in life, especially if you want to be successful.

Can't afford financial, legal and medical advice?

FNB's upgrade of its Easy account includes a number of "free" - but limited - services which you may find useful.

Recovering cost of medical aid fraud

More than 8.8 million South Africans brace themselves for the rising annual cost of medical scheme cover.

MTN to raise $1bn from asset sales after profit surges

MTN Group plans to raise more than R15bn ($1.05 billion) in asset sales over the next three years, Africa's biggest telecoms group said on Thursday after reporting a massive jump in 2018 profit.

Start your home-buying journey with Standard Bank’s new free online home-services tool

SPONSORED | LookSee helps consumers make informed decisions about buying and selling property

Invest with monthly debit orders and watch the magic happen

Albert Einstein called the magic of compound interest, “the eighth wonder of the world”. He famously stated that “he who understands it, earns it, and he who doesn’t, pays it”.

Regulator urges consumers to always check FSP credentials

FSPs that offer services that are not aligned to the rules of their license, are breaking the law.

Your ability to earn an income is your biggest asset, safeguard it

Your ability to earn an income is your most valuable asset, whether you're a young graduate, employed by a company or a business owner.

A deposit can save you thousands in interest on your first home

I recently got an opportunity to hang out with executives from businesses that offer support to the housing market.

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'Bitter sweet' victory for homeowner who lost home in fire