Capital reduction vs advance payments: Things the bank doesn’t let you know
In the recent conversation on Drive 959, Gerald Mwandiambira, a CFP Professional, gave Pro Tips on navigating capital reduction and advance payments.
In the recent conversation on Drive 959, Gerald Mwandiambira, a CFP Professional, gave Pro Tips on navigating capital reduction and advance payments.
Zuko Komisa Image | @AdvoBarryRoux / X Former MP Vincent Smith received an effective seven-year prison term for corruption, fraud, money laundering, and tax offences. Smith admitted to accepting undisclosed gratifications from BOSASA via his company, Euroblitz 48, and failing to declare approximately R28 million in taxable income. While handed a 12-year sentence per count, five years were suspended, marking a significant victory for the National Prosecuting Authority’s anti-corruption efforts. […]
The Portfolio Committee on Higher Education and Training, chaired by Tebogo Letsie, has ordered South African universities to report the details of all international staff members by March 18.
Zuko Komisa SA entertainer Soli Philander passes away. Image | Supplied South Africa’s Minister of Sports, Arts and Culture, Gayton McKenzie, has lauded the late Soli Philander as a vital figure in the nation’s democratic fabric. In a recent social media tribute, McKenzie emphasised that Philander’s work went beyond mere entertainment; he possessed a "rare gift" for using humour to reflect the complexities of society and unite citizens through their […]
Zuko Komisa Image | Adobe Stock Vuyokazi Fredy received 13 years of direct imprisonment for the fatal assault of her partner. Sergeant Arthur Lokwe was killed with a knobkerrie during a domestic dispute in June 2025. The accused attempted to stage the crime scene and mislead police before forensic evidence exposed her lies. Vuyokazi Fredy has been sentenced at the East London Regional Court to 13 years behind bars for […]
President Cyril Ramaphosa has authorised the deployment of the South African National Defence Force (SANDF) across five provinces to combat what he terms the "most immediate threat" to the nation’s democracy.
A series of 34 audits covering the 2024/25 financial year revealed that certain suppliers were overcharging the state-owned utility by staggering margins, ranging from 50% to 1000% on various items.
Rising Middle East tensions have sent global crude prices climbing, sparking renewed anxiety over fuel costs in South Africa.
Zuko Komisa Image | Adobe iStock A multi-agency task force apprehended two suspects in Langlaagte following a high-stakes intelligence operation. Police seized signal jammers, "keyless start" electronic devices, and false plates from a hijacked Suzuki Ciaz. The suspects are currently linked to at least six separate vehicle thefts across the Gauteng province. A sophisticated multi-disciplinary operation, involving SAPS National Counter Intelligence, the Gauteng TRT, and private security partners, has successfully […]