Latest News & Developments
money
South African woman loses R2,400 in elaborate coin scam
A South African woman has lost R2,400 in a sophisticated coin scam, highlighting the alarming rise in fraudulent schemes targeting unsuspecting individuals. Private investigator Mike Bolhuis warns the public to stay vigilant against such scams.
'I’ve never won such a big amount of money in my life' - North West man bags R2 million Lotto Plus jackpot
A North West man said he was in disbelief when he won the R2million Lotto Plus jackpot.
SARS opens 2025 tax season on July 7
As the 2025 tax season approaches, SARS encourages digital engagement, timely filing, and verification of personal information to ensure smooth processing and avoid delays.
Afrimunt launches limited-edition Afrikaans is 100 commemorative coin collection
Afrimunt's limited-edition Afrikaans is 100 commemorative coin collection has set new sales records, celebrating a century of Afrikaans language recognition and capturing the pride of South Africans.
The hidden costs of SA’s gambling crisis
In March, an online betting platform shared a story of someone turning a R4 wager into an astounding R83,701. 54. While stories like this grab attention, the rise in online sports betting also brings important considerations.
Former Lieutenant Colonel arrested for allegedly stealing R1. 2million from the SAPS
Pieter Andries Nel, a former Lieutenant-Colonel, has been arrested on allegations of stealing over a million rand from the South African Police Services (SAPS).
Stop the panic! Sassa sets the record straight about Old Age Grant payments
Sassa has confirmed that Old Age Grant payments will continue in May, dismissing social media claims that they would stop if certain documents were not updated by April 30, 2025, and urging beneficiaries to rely on credible sources for information.
Healthcare worker bags R110 million Powerball jackpot, plans to holiday in Durban
A healthcare worker has bagged the R110 million Powerball jackpot.
Inseta defends 97 percent performance record against Outa's 'false' audit claims
The Insurance Sector Education and Training Authority (Inseta) hits back at Outa's 'demonstrably false' allegations, citing its 97% operational performance and support of 62,000 beneficiaries while challenging claims about audit irregularities.
One person has won the R110 million Powerball jackpot. Was it you?
One person has won a staggering R110 million in the Powerball jackpot.
TikTok’s monetisation gap | Minister Malatsi calls for economic equity for South African creators
Minister Solly Malatsi has challenged TikTok on its exclusionary practices that deny 17 million South African users monetisation opportunities available to creators in the US, Europe and Asia. Speaking at the TikTok Safer Internet Summit, Malatsi argued that this inequity sends a damaging message: 'African creativity has reach, but not value. ' TikTok has now committed to address this feedback.
Rising Eskom tariffs: How solar power can save you money
Despite the end of a temporary tax deduction for renewable energy investments, experts argue that solar remains a financially sound choice for households.
LOOK: Gauteng police launch manhunt as gang bombs five ATMs at Jubilee Mall in Hammanskraal
A dramatic shoot-out following the bombing of five AMTs at Jubilee Mall in Hammanskraal, leaving some security injured and the mall temporarily closed.
Man unhappy after Old Mutual paid grandmother 90% of his portion from late mother's pension fund
The man was a minor when his mother passed on in 2008. He was due to receive 90% from the death benefit and his grandmother had to receive 10%.
Check your Lotto Plus 2 tickets: the R5. 2 million winner could be you
'We can't wait for the winner to come forward and claim their prize. '
Rand shows remarkable resilience in global currency market
The South African rand has demonstrated exceptional strength against the US dollar, outperforming 14 major currencies over the past year. This remarkable resilience, driven by post-election reforms and strong export performance, signals a positive shift in South Africa's economic landscape
Disbarred KZN lawyer's quest for reinstatement fails after misappropriating R2 million
Over two million misappropriated funds, unfulfilled repayment agreements, and a court's unyielding stance—disbarred attorney Thivenda Moodley faces a setback in his quest for redemption.
Bogus estate agent jailed for defrauding home buyer of R650,000
An estate agent has been sentenced to 10 years in prison after defrauding a home buyer of R650,000 in the Eastern Cape.
Stilfontein corruption: Police officers arrested in kingpin escape case
Four police officers have been arrested on charges of aiding the escape of Stilfontein kingpin Neo James Tiger Tshwaeli, raising serious concerns about police corruption in the region.
The truth about snake repellents: Durban homeowners misled by scammers
A Durban man is charging over R1,000 for a snake repellent spray—despite scientific evidenceproving these products don’t work.
Hawks arrest Free State company director for Covid-19 TERS fraud
A Free State businessman was arrested this week over Covid-19 Temporary Employee Relief Scheme (TERS) fraud allegations.
Real Madrid break €1 billion barrier, Manchester United rise . . . Here are the world's richest clubs
Broadcast revenue was stable at €4. 3 billion as each of the "Big Five" leagues - England, Spain, Italy, France and Germany - remained in the same domestic broadcast cycle as the preceding season.
Municipal employee accused of working in cahoots with her brother and boyfriend to fleece municipality of R2 million
A municipal employee, her brother and ex-boyfriend have been arrested for allegedly defrauding the Mzimvubu Local Municipality of R2 million between 2013 and 2017.
School's in session! How to teach your kids about money at various stages of their lives
As children return to school, parents can utilise age-specific strategies to teach valuable financial lessons and promote long-term fiscal responsibility.
National Gambling Board warns against gambling your way through 'Januworry' blues
The board says the unrealistic appeal of quick money through gambling for those in dire financial straits can lead to a worsening situation.