Understanding South Africa’s VAT Increase: Impact and What It Means for You Introduction The South African government has announced an increase in the Value-Added Tax (VAT) rate from 15% to 16%, a move aimed at boosting revenue to support social programs and economic stability. While this may seem like a…
Week 11 Easter Travel and Repatriation
What every Policyholder should know. As South Africans prepare for the Easter travel season, thousands will embark on long journeys to reunite with family. However, with increased travel comes higher accident risks, and for those who pass away far from home, the cost of repatriation can be a significant financial…
Week 10 : Health Insurance vs. Medical Aid: What’s the Best Choice for You?
Healthcare costs in South Africa are on the rise, making it more important than ever to choose the right cover for your needs. With medical aid premiums increasing by up to 12.75% in 2025, many South Africans are exploring more affordable health insurance options from providers like Day1 Health, Affinity…
Week 9: VAT Increase
The government is considering raising VAT from 15% to 17% to address a budget shortfall and fund essential services. While this could boost government revenue, it may also increase the cost of living and put pressure on low-income households. Why is the Government Considering a VAT Increase? Increase Revenue –…