In the recent case of Constantia Insurance Company Limited v Master of the High Court, Johannesburg (23968/2015)  ZAGPJHC 121 the High Court considered whether the provisions of the Insolvency Act, No 24 of 1936 (Act) permit the Master to consider liquidators’ additional submissions in response to a creditor’s substantiation of its claim.
Personal Finance articles
The Supreme Court of Appeal (SCA) in Swart v Starbuck & Others 2016 ZASCA 83, reaffirmed the necessary authorisation for a trustee of an insolvent estate to sell an insolvent estate’s immovable property.
Eyewitness News reports that Debt Rescue has urged the SA public to be responsible with their money, in light of the current economic climate.
Ester Ochse, Channel Head at FNB Financial Advisory says couples often do not talk openly and honestly about their finances. However, the delicate balance between financial guidance and openness is essential to building a prosperous union. “Be in love and happy, but also talk about the real issues in life,” she advises.
“This year could be testing for consumers as interest rate hikes and price increases on everyday goods are set to have a detrimental effect on your pocket,” says Eunice Sibiya, Head of Consumer Education at FNB.
“It doesn’t matter how little you are saving, as long as you are putting something away right now as a start. This is one financial discipline that can’t be put off indefinitely,” writes FNB’s Eunice Sibiya.
Investing in the stock market is not only for the wealthy, you can invest in shares directly on the JSE. What is important, however, is to understand the basic principles of investing in equities.
There are many types of credit and the trick is to understand why you need credit and if it will have a positive effect on your future finances.
August is commonly referred to as Women’s Month and a very good time to review cash spent on your image and put it to work where it has more impact, such as savings or paying down debt.
Previous generations reasonably expected to stay with their employers for the duration of their careers, but this has changed.