The Hidden Cost of Staying Informal: Why VAT Matters for Small Businesses in South Africa. In South Africa, informal businesses are a lifeline for millions — with nearly 1.9 million people running small, non-VAT registered businesses as of 2023. These businesses make up about 19.5% of all jobs in the…
Week 14 – South Africa’s Changing Marriage Landscape
South Africa’s Changing Marriage Landscape: A Decade in Review South Africa’s marriage landscape is undergoing a quiet but steady transformation. The latest data from Statistics South Africa reveals a country where fewer people are getting married, more are waiting longer to tie the knot, and divorce rates are on the…
Week 14 – South Africa’s Changing Marriage Landscape
South Africa’s Changing Marriage Landscape: A Decade in Review South Africa’s marriage landscape is undergoing a quiet but steady transformation. The latest data from Statistics South Africa reveals a country where fewer people are getting married, more are waiting longer to tie the knot, and divorce rates are on the…
Week 13: Rising Newborn and Stillbirth death.
South Africa’s Silent Crisis: Rising Newborn and Stillbirth Deaths Need Urgent Attention Every parent dreams of welcoming their baby into the world with joy and celebration. But for too many families in South Africa, this dream ends in heartbreak. A recent report from Statistics South Africa (Stats SA) has revealed…
Week 12 : VAT Hike in South Africa:
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 –…
Week 8 : Alternative Lending Market
Market Growth and Projections Key Drivers Notable Developments Challenges and Considerations In summary, South Africa’s alternative lending market is poised for continued growth, driven by technological innovation, strategic investments, and supportive regulatory frameworks. As the sector evolves, it offers promising opportunities for financial inclusion and economic development.
Week 7 Consumer Spending
South Africans are adjusting how they spend their money, and the latest inflation basket update by Stats SA reflects these changes. From rising food costs to the growth of digital services, financial services providers must adapt to remain relevant. Key Trends Shaping the Market What Financial Services Providers Should Do…