October 9, 2024

Life insurance Ombud rules in favour of customary wife

The National Financial Ombud Scheme ruled in favour of a woman denied a funeral insurance claim due to non-traditional mourning customs. This article examines the evolving nature of customary law, the insurer's defense, and the application of case law to ensure fair treatment and equity in the final decision.
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November 4, 2024

PSG Wealth wins coveted Top Securities Broker of the Year

In a survey that garnered the responses of over 16 000 clients and brokers within South Africa’s industry-leading brokerage firms, PSG Wealth was named this year’s Top Securities Broker of the Year: Large Institutions at Krutham’s Top Securities Brokers Awards.
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December 16, 2024

The importance of an emergency fund in the two-pot era

Tebogo Marite, communications specialist at Allan Gray, discusses why building up an emergency fund should be prioritised even though the two-pot retirement system allows some access to retirement savings.
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November 12, 2024

Five money mistakes made by celebrities and what we can learn from these

Consumer Financial Education expert Tshego Bokaba highlights five major money mistakes celebrities have made and what we can learn from them. Bokaba also stresses the importance of estate planning, legal compliance, personal security, budgeting, and understanding tax responsibilities to avoid similar pitfalls.
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November 12, 2024

Home or car expenses, and short-term debt, top reasons for Two-Pot withdrawal requests

Discovery Corporate and Employee Benefits revealed that debt repayment and home or car expenses are the top reasons for withdrawals under the new Two-Pot system. Claimants used a user-friendly WhatsApp channel, and 22% of eligible members withdrew funds in September 2024.
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November 12, 2024

Building a lasting legacy through family businesses

With Heritage Month in full swing, South Africans are reminded of the importance of legacy, not only in culture but also in business. Family-run enterprises like Pietermaritzburg-based Capital Security exemplify how these businesses build lasting legacies through resilience, innovation, and strong family ties.
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