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Do research to avoid crowdfunding scams: While most are true causes assisting many, some are not

Crowdfunding for school and club sports trips has become increasingly popular, with more coaches and parents seeing it as a viable option to raise money to pay for their children’s participation at away games. Crowdfunding is defined as…

President Cyril Ramaphosa says the money to fund Covid-19 vaccines ‘has to be there to save the lives of South Africans. That one will be my bottom line’.Image: Dado Ruvic/Reuters

‘The money will be there’ — Ramaphosa promises Treasury will have the cash for Covid-19 vaccin

President Cyril Ramaphosa on Friday allayed the fears of many South Africans, saying the Treasury would have the money to fund the much-anticipated Covid-19 vaccine. “There is no way we can say, when it comes to saving the lives of South…

Search on for armed gang who robbed store

A manhunt is under way for three heavily-armed men who allegedly robbed the Cambridge Pep store in East London making off with a large amount of money and cellphones this morning. Mdantsane police spokesman Captain Nkosikho Mzuku said the…

Without two incomes‚ SA families can no longer survive

The stark reality is that if there is not a double income per household‚ families simply cannot survive‚ says labour economist Andrew Levy. And‚ says the head of department at the Wits School of Economics and Business Sciences‚ Professor…

Rand poised to firm below R12/$ on favourable political developments

The rand was poised to break through R12 to the dollar at midday on Monday as optimism about local political developments continued to buoy the local currency. It was reported at the weekend that the ANC at its national executive…

RANSACKED: The G4S security van that was robbed Picture: SUPPLIED

Robbers take millions in heist

By Sikho Ntshobane A cash-in-transit vehicle was ambushed by a gang of 15 armed men along the R61 between Mthatha and Ngcobo on Monday night. The robbers rammed the bakkie off the road and sprayed it with bullets before cutting out a safe…

File photo of credit cards. Image: Gallo Images/ IStock

Hellopeter reveals how much South Africans like their banks

BY NICO GOUS Banks take on average 31 hours and 56 minutes to respond to customer complaints. This is according to a report released on Tuesday by the online business review website Hellopeter. The report focused on all South African…

Rand remains on weakening path

The rand was weaker against major currencies shortly before midday on Thursday‚ following the ANC’s proposal on Wednesday to nationalise the Reserve Rank. The local currency shed about 2% on Wednesday‚ shortly after the proposal‚ which…

Warning after cash heists

Police have urged people to rather transfer money electronically or swipe their bank cards instead of drawing cash from ATMs, following two robberies in Uitenhage at the weekend. Police spokesman Captain Gerda Swart said the latest…

Rand weakens after public protector calls for Bank to ditch currency protection

The rand was weaker against major global currencies on Monday afternoon‚ after risk spiked following a call by Public Protector Busisiwe Mkhwebane for a change in the South African Reserve Bank’s mandate. The requirements for a…

Why credit ratings matter and why they can’t be ignored

Standard and Poor’s has relegated South Africa to junk status, and Moody’s are likely to follow suit. Here is an explanation of what it all means. This article was first published in 2016. What do the agencies look at in the process of…

Council freebie that ended up costing R27 000

Two senior Buffalo City ANC councillors used ratepayers’ money to settle their travel and hotel expenses despite Eastern Cape Premier Phumulo Masualle securing free travel to the event. The Daily Dispatch has seen a bill from BCM’s travel…