📌 Over 80% of South Africans die without a valid will – causing delays, disputes, and financial stress for families. 📌 Only 15% of people have a will at the time of death – leaving their estates to be handled by government processes. 📌 Without a will, the law decides…
Week 5 : Work Place Injury
Workplace Health & Compensation: What Small Business Owners Need to Know Workplace injuries can happen anywhere, and as a small business owner, you need to protect your employees and stay compliant with the Compensation Fund. Here’s what you should know: 1️⃣ Register with the Compensation Fund – If you have…
Week 52 : South Africa’s Debt Crisis: A Call for Financial Preparedness
South Africa’s national debt has surged from R1.6 trillion (43% of GDP) in 2014 to R5.6 trillion (75% of GDP) in 2024, a 250% increase over a decade. Debt servicing now costs R356 billion annually, consuming over 20% of government revenue. Projections indicate the debt-to-GDP ratio will peak at 75.3%…
Week 51 : Stop Losing Out on RAF Claims: Keep More of What’s Yours.
Did you know that if you claim from the Road Accident Fund (RAF), up to 25% of your payout could go to attorneys as contingency fees? In 2023, out of the R22 billion paid for loss of income claims, an estimated R5.5 billion was lost to legal fees—money that should…
Week 47 Insuring Your Journey: Protecting Commuters
During Transport Month, South Africa highlights the critical importance of road safety, with over 12,500 road fatalities annually and economic losses exceeding R142 billion. Commuters face risks from accidents caused by driver fatigue, unsafe vehicles, and poor road conditions, making adequate insurance essential. Insurance solutions such as Road Accident Cover…
Week 46 – Post-Matric Career Choices
As your child approaches the end of their matric year, it’s natural to feel both excitement and concern about the future. Understanding the various educational paths and their potential career outcomes can help in making appropriate choices. Understanding Qualification Levels: 1. Higher Certificates (NQF Level 5): Duration: Typically one year.…
Week 45 – Part-Time Study Costs in South Africa
Pursuing part-time undergraduate studies in South Africa is a flexible As of 2021, the University of South Africa (Unisa) reported a total enrollment of approximately 373,000 students, with a significant portion studying part-time. However, the increasing demand for flexible learning options suggests a substantial number of South African students are…