Changes on the cards for domestic workers in 2022

Employment and Labour minister Thulas Nxesi is expected to publish an updated minimum wage for domestic workers in South Africa in the coming months.

Why now is not a time for big bets: investment manager

Although equity markets should be positive in 2022, returns will be more muted and risks are rising as central banks begin to withdraw liquidity, says Johanna Kyrklund chief investment officer and global head of Multi-Asset Investment at Schroders.

These jobs are in high demand in South Africa – here’s how much they pay

Specialist professional recruitment firm Robert Walters has published its annual salary survey for 2022, detailing how much professionals in accounting fields can expect to earn in South Africa over the coming year.

Here’s how much money lawyers earn in South Africa

Specialist professional recruitment firm Robert Walters has published its annual salary survey for 2022, detailing how much lawyers and other legal experts can expect to earn in South Africa over the coming year.

SARS was ‘systemically and deliberately weakened’ – state capture findings

Acting Chief Justice Raymond Zondo handed over the first part of his report on state capture to president Cyril Ramaphosa on Tuesday (4 January), marking nearly four years of inquiries and interviews that focused on how corruption was advanced under former president Jacob Zuma.

South Africa is taking steps to a new universal income grant in 2022 – what to expect

Social development minister Lindiwe Zulu says that the introduction of a new basic income grant in South Africa will likely be phased in over several years, with her department currently pushing for an extension of the R350 Social Relief of Distress (SRD) grant as a baseline.

Fees data for South Africa shows how parents and schools are struggling

A growing unemployment rate is leaving many consumers under financial pressure and this has impacted schools around the country as parents prioritise paying other categories of consumer credit such as mortgages or rent, credit facilities, secured credit and even unsecured credit rather than their children’s school fees.

South Africa’s minimum wage problem

The group considered the country’s current national minimum wage (NMW) of R21.69 per hour and developed a number of scenarios that show how far this wage will support a household.

Higher minimum wage proposed for South Africa

The Department of Employment of Labour has called for comment on a new minimum wage for South Africa in 2022.

15 food items that got exceptionally more expensive in 2021 – and one that got a lot cheaper

The latest Household Affordability Index by the Pietermaritzburg Economic Justice & Dignity group (PMBEJD) shows that food prices increased slightly in December 2021, following a small drop in prices in November.

Growing interest in foreign residency by South Africans – here are the most popular destinations

For the past decade, the major trend in the South African investment space has been the growing number of local investors looking to offshore investments to hedge their earnings against a volatile rand, says Coreen van der Merwe, director of Sovereign Trust SA Limited.

7 ways to pay less for car insurance

Many factors go into calculating your car insurance premium, some of them within your control and some not. These range from the areas where and how much you drive, and what you use your car for, through to the type and cost of your car, your claims history, how long you have had your licence, your age, and the security features in your vehicle.