With university costs on the rise, parents of South African students need a clear plan for tuition, accommodation, and other expenses over a three-year degree. Here’s a breakdown of average costs and smart strategies to help families prepare for this investment in higher education. University expenses in South Africa are…
Week 43 -The Road Accident Fund: Your rights
The Road Accident Fund (RAF) allocates a substantial portion of its budget to cover healthcare expenses for accident victims. Specifically, victims can claim for past and future medical expenses incurred due to injuries sustained in road accidents. The RAF provides compensation through a Section 17(4) undertaking, which ensures that victims…
Week 42 : Closing the Gender Gap in Asset Ownership: How Insurance Can Help
By end July 2022, women accounted for, individually or in partnership, 57% (3 896 595) of the total volume of properties in the market (6 868 778) In South Africa, women face significant challenges in owning and controlling immovable assets like land and property. Research highlights that many women, particularly…
Week 41 – National School feeding scheme
The National School Nutrition Programme (NSNP) spent R8.4 billion in the 2022/23 financial year. 9.7 million learners from over 21,000 schools benefitted from this program. Hunger affects 15% of South Africans, which negatively impacts children’s academic performance and overall development. The program is funded mainly by provincial budgets, with KwaZulu-Natal,…
Week 40 Summary for Used Car Buyers
Before you buy a used car, ask about the cost of common parts like brake pads, oil filters, or headlights. This will give you a sense of whether the car will be expensive to maintain.Lower Parts Basket % = More Affordable to Own: A car like the Ford Figo have…