Financial News

“Finance is effectively the rhythm section of a company. It creates the company cadence that every company needs.” (John Baule, CPA and ecommerce expert) In a nutshell: A bookkeeper keeps your financial records accurate and current. They handle the day-to-day recording of transactions, issuing of invoices, reconciling of bank statements, and making sure everything lines up. Think of it as the hygiene of your business finances. If it’s not being […]

The South African Reserve Bank (SARB) has issued an important reminder to the public regarding the correct process for exchanging the withdrawn “Big Five” R200 banknotes. In a statement on 3 July 2025, the SARB said it continues to receive queries about these old banknotes and wants to ensure that South Africans know exactly what to do if they still have any in their possession. The now-withdrawn notes were taken […]

One of the most common reactions by people who are in financial stress is to try and “forget” about the problem and just continue in the vain hope that something may come to light in the future, or that the problem will somehow disappear. There is only one way to deal with this type of problem, and the primary rule is to tackle it as quickly as possible. Embarrassment is […]

f ever there were a generic issue during retirement that influences most retirees, that issue would be finances. We oldies are where we are because of decisions we have made. Many of those are irreversible and almost nobody can look back and say “I have no spilt milk in my past” The survey we did seems to confirm that there are many other issues that also complicate senior citizens financial […]

Most South Africans will now need to work until they are 80 to retire comfortably. This was revealed by Sanlam Corporate’s study based on over 300,000 Sanlam Umbrella Fund members, demographic trends, actuarial data, and economic factors affecting the country’s retirement outcomes. “Our internal member data indicates that while 65 remains the official retirement age, the majority of South Africans cannot afford to retire at this age,” said Sanlam Corporate […]