The two-pot retirement system, set to take effect on September 1, 2024, has sparked considerable curiosity and concern among unions, retirement fund members, and other stakeholders. Many are eager to understand the intricacies of this system. Even fund administrators need detailed technical information to ensure their systems are fully prepared for this change. This article…
In a landmark move, Namibia and Botswana have agreed to allow unrestricted travel between their borders, marking a significant milestone in regional integration within the Southern African Development Community (SADC). This initiative promotes closer ties between the two nations and unlocks vast socioeconomic opportunities through enhanced cross-border trade and collaboration. Policy Implementation and Impact Under…
Photographers snap the scene at the Union Buildings for the presidential inauguration in the government of national unity President Cyril Ramaphosa addressing the nation for the first time as the newly-inaugurated president of the Republic of South Africa at the Union Buildings in Pretoria. Image: Thapelo Morebudi President Cyril Ramaphosa was also welcomed to the…
South African households are heavily in debt and are running out of lifelines for money to make it through the month. Meanwhile, living costs are set to rise again in July as new electricity tariffs and municipal rates kick in—all while interest rates remain at record highs. This is creating the perfect storm of financial…
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