LIBERTY TO HOST UNCLAIMED BENEFITS OPEN DAY TO REUNITE SOUTH AFRICANS WITH THEIR UNCLAIMED PENSION FUNDS

Liberty, one of South Africa’s leading financial services providers, will host an Unclaimed Benefits Open Day at its Braamfontein offices, as part of an ongoing national effort to trace and pay out unclaimed retirement benefits to their rightful beneficiaries. Liberty currently administers over R1.6 billion in unclaimed benefits, owed to more than 100,000 beneficiaries, and…

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AFRICA TIKKUN RESONDA TO R2.5 BILLION YOUTH FUND ANNOUSMENT: CAPITAL COMMITMENT WELCOME, BUT DISTRIBUTION REFORM CRITICAL

Afrika Tikkun Responds to R2.5 Billion Youth Fund Announcement: Capital Commitment Welcome, But Distribution Reform Critical Johannesburg, 4 November 2025 – While Afrika Tikkun welcomes the launch of the National Youth Development Agency’s (NYDA’s) R2.5 billion Youth Fund, the organisation warns that without fundamental reform in fund distribution and implementation support, the initiative risks falling short of…

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FNB UNLOCKS HOMEOWNERSHIP FOR OVER 69,000 FAMILIES WITH R23.2 BILLION IN AFFORDABLE HOUSING LOANS

FNB continues to improve access to affordable housing for low- to middle-income South Africans, amid rising property prices and economic challenges. The bank approved R3.3 billion in affordable housing home loans over the last 12 months, putting close to 6 000 families earning less than R34, 000 into homes. Moreover, the bank supported customers with an integrated Financial…

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SATELLITE-TO-DEVICE: EXCITING ADVANCES, BUT STILL YEARS FROM EVERYDAY USE

 Ernst Wittmann The words ‘satellite phone’ used to bring to mind the image of a mountain climber, a scientist in an Arctic research station, or a sailor using a brick-sized handset to communicate from the edges of the world where there are no mobile or fixed-line networks. But today, we’re increasingly seeing smartphone manufacturers integrate…

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THE REAL GAMBLE: HOW BETTING IS ROBBING SOUTH AFRICANS OF THEIR FINANCIAL FUTURE

Prioritise smart budgeting and secure generational wealth: Experts warn South Africans not to leave their financial future to chance.  A new study by Experian and Vault22 has revealed that gambling is taking a heavy toll on the financial well-being of South Africans – draining disposable income, fuelling debt, and standing directly in the way of long-term wealth…

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MEC MAILE DISCOURAGES IRRESPONSIBLE ‘PENS-DOWN’ PARTIES AND ALCOHOL ABUSE AT SUCH CELEBRATIONS

Gauteng Finance and Economic Development MEC Lebogang Maile, has called on learners in Gauteng to celebrate in a responsible manner during their “Pens-Down Parties” at the end of this year’s final exams; MEC strongly urged pupils to avoid substance abuse, especially alcohol and drugs during pens down parties. The Gauteng Liquor Act of 2003 prohibits the selling or supplying of liquor to anyone under the age 18. All schools are declared alcohol-free…

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FNB PRE-APPROVES OVER 480 000 SME LOANS ANNUALLY

 FNB’s deliberate shift away from only using traditional credit scoring methods to a more inclusive data-led cash flow analysis strategy has resulted in over 40 000 SMEs being pre-approved for credit monthly. Through data-led credit scoring, the number of pre-approvals generated by FNB annually, almost represent half of its SME customer base in South Africa, of over 1.2 million clients….

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