Browsing: Finance

South African workers earned less take-home pay in April 2026 as rising inflation, fuel price hikes and economic uncertainty placed additional pressure on household finances. According to the latest PayInc Net Salary Index, the average nominal net salary declined to R21 228 in April, marking a monthly and annual decrease.

Drivers travelling into or out of South Africa with foreign registered vehicles will soon face stricter border controls under new South African Revenue Service rules taking effect on 1 June 2026. SARS has confirmed that all foreign registered vehicles must now be declared through the SARS Traveller Management System before entering or leaving the country.

If you have ever stood at the till on the 28th of the month wondering why R200 of prepaid electricity…

South Africa’s unemployment rate increased to 32.7% during the first quarter of 2026, with Gauteng among the provinces hardest hit by job losses. New data released by Statistics South Africa shows that 345 000 jobs were lost nationally between January and March, while youth unemployment climbed sharply as 258 000 young people lost work.

A credit score can affect whether South Africans qualify for home loans, vehicle finance, credit cards, store accounts and other forms of credit. While it is only one part of the approval process, lenders use it to assess how consumers manage debt and repayments.

Tax affects most working adults in South Africa, whether they earn a salary, freelance, run a small business or receive rental income. For Gauteng residents, understanding how the South African Revenue Service (SARS) works is important because tax rules determine how much is deducted from income, when returns must be filed and whether additional payments are required. With tax season forming part of the annual financial cycle, a clear understanding of the basics can help individuals avoid penalties, remain compliant and better manage their finances.

For thousands of Gauteng residents who have recently lost their jobs, gone on maternity leave, or fallen ill, the Unemployment Insurance Fund (UIF) is meant to offer temporary relief. Yet for many, waiting for that first payment feels like an eternity.

Gauteng remains South Africa’s financial heartbeat. From Sandton’s investment banks to Pretoria’s independent advisors and Midrand’s fintech innovators, the province drives much of the country’s wealth creation. Yet for ordinary investors, the number of available options can be overwhelming. This feature unpacks the top 10 investment companies in South Africa, exploring what sets them apart, how they perform, and why Gauteng investors continue to trust them to build long-term wealth.

Capitec is set to launch smart ID card application services at select branches from late 2025 as part of a Department of Home Affairs partnership. Here’s everything you need to know about the rollout plan, pilot phases, and how South Africans will soon apply for IDs directly at Capitec branches.

Submitted your tax return to SARS? Here’s what happens next – from assessments and refunds to financial check-ins, insurance updates, and smart planning tips for South Africans.