Debt
Fresh Start – Six Tips For Getting Your Finances Sorted Before The New Year
08 Dec 2020 by Carrie / No Comments
As a new year approaches, consider this a reminder that starting 2021 with your finances in order is a great way to kick things off.
This SA ‘Online Shopping Mall’ Is A Great Idea
22 Sep 2020 by Carrie / No Comments
If you want the feel of browsing at the mall, without actually having to put on ‘outside’ clothes, here’s a good place to start.
SA Millennials Are Growing Really Tired Of The Credit Trap
17 Oct 2019 by Carrie / No Comments
Of the 25 million credit-active people in South Africa, 40% are not using credit responsibly, which leads to a great deal of debt and stress.
9,5 Million South Africans Could Have Their Debt Written Off
19 Aug 2019 by Carrie / No Comments
Thanks to a new law recently signed into existence, millions of South Africans could find themselves debt-free.
Wow, Cell C’s Financial Woes Are Even Worse Than We Thought
15 Jul 2019 by Carrie / No Comments
Insiders have spoken out about Cell C’s severe financial challenges, and it doesn’t look good at all for the service provider
Looks Like Cell C Is In Serious Financial Trouble
25 Mar 2019 by Carrie / No Comments
Cell C is in major financial trouble, which has forced the mobile service provider to consider drastic measures to save the company.
Shocking New Figures Show Exactly How Much Trouble SAA Is In
09 Mar 2018 by Sloane Hunter / 4 Comments
Look, we all knew it was a mess over at SAA, but the latest figures released by Auditor-General Kimi Makwetu are far worse than previously imagined.
Worcester ‘Debt Collection’ Sees Notorious Underworld Figure Facing Charges [Images]
29 Nov 2017 by Sloane Hunter / No Comments
Much-feared businessman Nafiz Modack is at it again, this time causing havoc in Worcester along with 12 of his counterparts over a R20 million debt. Classy.
There Are So Many Reasons Why You Need To Pay Close Attention To Loan Repayment Terms
17 Mar 2017 by Jasmine Stone / No Comments
Loan repayments used to be confusing and difficult to calculate. Quite a lot of information and understanding is needed, and one normally would have to use a good financial calculator.
Bad News – South Africa Has The Most Personal Debt In The World
09 Jun 2015 by Jasmine Stone / No Comments
It seems we haven’t fared all that well in a recent study conducted by the World Bank. By not so well, you may have gathered, I mean we have the worst debt in the world.
The BBC Reckons South Africa Is Heading For A Recession
26 Aug 2014 by Jasmine Stone / No Comments
The state of the South African economy is always a worry, and now we are waiting on our latest GDP figures amid rumours that we are heading into a recession.
Thursday Morning Spice
26 Jun 2014 by Seth Rotherham / No Comments
Wonga bust sending fake legal letters. Brett Goldin, Richard Bloom hijackers freed. UK digital news overtakes print. 90-year-old British woman raped. Holyfield comments on Suarez bite. Drug-smuggling drone crashes.
Credit Amnesty Lets You Wipe Your Bad Credit Rating
01 Apr 2014 by Jasmine Stone / No Comments
Good news for your credit card. From 1 April bad credit rating information and information relating to paid up judgements will be removed. The process referred to as credit amnesty will allow you to start with a clean slate. However, it doesn’t mean your debt disappears.
Dictator’s R23 Million Clifton Bungalow Abandoned And Filled With Vagrants
19 Nov 2013 by Jasmine Stone / 4 Comments
Before you read on, know that this article will divulge information about a bungalow in Clifton that you could have been (illegally) living in for the past 10 years, if you got there first. But you didn’t. Bergies did.
Thursday Morning Spice
17 Oct 2013 by Seth Rotherham / No Comments
US lives to see another day. Diepsloot suspect on the run. 13-year-olds can post publicly on Facebook now. Vanity Fair is gunning for Gwyneth Paltrow. Gummy Bears guy is dead. Another Brit sex slave story.
Jo’Burg Tech Firm To Liquidate, Following Owner’s Suspicious Murder
22 Jul 2013 by Jasmine Stone / 1 Comment
Jeff Wiggill, owner of First Tech Group, was found with gunshot wounds to his head in June 2013 after a reported highjacking. But some believe his death could be linked to the company’s unpaid debts.
Golfing Legend Gary Player Is Being Sued For R33 Million, Here’s Why
26 Jun 2013 by Jasmine Stone / 1 Comment
Golfing legend Gary Player and businessman David King are fighting it out in court. King claims Player owes him R33 million for money Player borrowed in 1999, while Player is alleging the money was in fulfilment of a debt King had with IMG Sports Management.
UCT Withholds Degree From Petrol Station Attendant For 17 Years Over Study Debt
07 Jun 2013 by Jasmine Stone / 6 Comments
Witholding a degree from a man because of a his struggle to pay back his student fees doesn’t sound like something a University at the forefront of the academic and social struggle to reverse the damage caused by apartheid would do, does it?
Two British Students Paid Off Almost R500 000 In Student Debt By Selling Their Faces
11 Oct 2012 by Jasmine Stone / No Comments
Paying off student loans is never easy, even more so when decent-paying jobs are few and far between. Which is exactly what drove two British students to turn their faces into marketing and advertising real estate.
Greece’s Budget Shortfall Now Totals 20 Billion Euros, Nearly Double Estimate
25 Sep 2012 by Jasmine Stone / No Comments
Well, this isn’t good news for Greece, especially as they have to reduce that budget deficit before they can get the next tranche of cash that has been promised to them.
US Debt Reaches $16 Trillion, Eclipses Economy
04 Sep 2012 by Jasmine Stone / 1 Comment
The US government is on the verge of announcing its $16 trillion debt, a figure that is 104% of the nation’s gross domestic product. That’s right folks, the US’s debt has officially overtaken its economy.
Bank Cancels The Debts Of Its Poorest Customers
31 Jan 2012 by Jasmine Stone / No Comments
The dislike for banks and other financial institutions is currently on a worldwide high. But for once, one bank has decided to do something nice for their customers. French bank Crédit Municipal de Paris has scrapped the debt of its poorest customers.
First Lady Of Iceland Joins Debt Crisis Protestors [VIDEO]
04 Oct 2011 by Jasmine Stone / No Comments
Dorrit Moussaieff – wife of Ólafur Ragnar Grímsson, Iceland’s president – made a dramatic gesture over the weekend by hopping a security fence to join in with a group of protesters hurling eggs and yoghurt at politicians, demanding that the government do more to help the lower-income bracket.
“What’s The Vibe With The US Debt Crisis And ‘AAA’ Rating? [Video]
06 Aug 2011 by Seth Rotherham / 5 Comments
Our extremely popular “What’s The Vibe” weekly online TV feature seeks to explain news stories which have grown faster than you’ve been able to keep up. Told in a humorous, intelligent and clear manner, you’ll be fully informed in under 5 minutes! If you missed last week’s “What’s The Vibe With The Rupert Murdoch Phone […]
United States Debt, Visualised
01 Aug 2011 by Jasmine Stone / 1 Comment
See those tiny blocks? Each one of those is $100 million. Absolutely no spice. And that is what the United States’ debt will look like in $100 bills by Christmas this year. Click through to see the depressing, and amazing progression of how many $100 bills it takes to make a $15 trillion pile of […]
“DEAR ENGLAND, YOU’RE BROKE”
19 May 2010 by Jasmine Stone / No Comments
OK, so I don’t claim to know a heck of a lot about macro economic policy, national Anglo trans-administration fiscal health, or even the projected recovery gradient of the British economy over the next five years. But two things, I know for sure. 1) The English ruling classes are humour gods, and…
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