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World Economic Forum names Cape Town start-up a “Tech Pioneer”

Omnisient, the South African data analytics fintech that is accelerating financial inclusion by helping millions of people with no credit history get access to affordable credit, was selected among hundreds of...

FSCA highlights a decline in consumer financial control as the holidays approach

By Claire Klassen, Consumer Financial Education Specialist at Momentum Metropolitan After a long, hard year, many of us look forward to charging full steam into the festive season; spending and spoiling ourselves...

What does credit actually cost?

If used correctly credit can add positive value to your overall financial well-being.  But you need to ensure that you understand what the total amount is that you will re-pay and...

SA dairy farmers eye carbon credits while curbing emissions

On South Africa's Lancewood dairy farm, a GPS-guided tractor spreads cow manure across defined areas where tilling is banned and fertilizer used at a minimum, if at all. Some 2,500 Jersey cows...

A few tips to help you get paid on time

ONE of the biggest frustrations small and medium business owners face is getting customers to pay them on time. According to a survey by the Small Business Institute (SBI), small companies write off as...

South Africa may lose Moody’s stable outlook. But it’s a close call

South Africa’s tenuous hold on the stable outlook on its sole investment-grade credit rating may slip with finance minister Tito Mboweni expected this week to show a marked deterioration in the...

Moody’s leaves South Africa hanging – here’s what to expect next

Ratings agency Moody’s has left the South African public hanging, with the group not publishing any ratings review, research report or note on the country’s credit status. Moody’s was expected to deliver...

Davies hopes Moody’s will cut SA some slack with credit rating

Government is on tenterhooks as it awaits a decision from ratings agency Moody's on Friday. Trade and Industry Minister Rob Davies says that he hopes that Moody's will recognise government's efforts to rebuild the economy. Davies...

Is a credit downgrade inevitable?

In April 2017 both S&P Global and Fitch Ratings downgraded South Africa’s long-term foreign currency rating to sub-investment grade. The third of the big global agencies, Moody’s, has however kept the...

This is what your credit score should be and how to improve it

When you apply for a bond, one of the first things your bond originator or bank will do is check your credit score, that all-important indicator of the level of risk...

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Two SAB plants get R5.8 billion upgrades

The R5.8 billion investment commitment made by South African Breweries (SAB) has been utilised to increase capacity at two of its plants. The company said...

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