Financially Stressed Homeowners to Engage Banks Before Forced Foreclosures
Between April and June last year, 1.6 million South Africans applied for mortgage payment holidays from their banks. While this provided some form of temporary relief, it is now costing them, on average, an additional R12 900 a month due to having to pay up on interest accrued, pushing many South Africans further into […]
Challenging Times Ahead for SMEs Looking for New Leads: POPIA & Marketing Your Business
Being a small business in this operating environment is not an easy feat; the past 12 months have been extremely challenging for SMEs operating in travel, hospitality, beauty and food and beverage, among so many other sectors. In fact, according to a recent survey by SME financier Retail Capital, 31.5% of small businesses are currently […]
Business Rescue Increases Amongst SMEs and Corporates
CNA is the latest in a string of high profile brands that have gone, or are considering going into business rescue, following in the footsteps of Ster Kinekor, Edcon, Comair and SAA. Business rescue is also on the increase in the SME sector, as many suffer from financial distress. […]
Small Business Owners: Working Remotely & Employee Vaccine Rights
Small and medium-sized enterprises (SMEs) have had to deal with a litany of issues since the pandemic began. Many were forced to close shop for a period of time, had to put their staff on short time or retrench and even needed to restructure their entire […]
Covid Puts a New Spin on POPIA Implementation
Our personal devices, such as mobile phones, laptops and tablets are increasingly used to access movies, download apps, store music or stream content from platforms like Netflix or Showmax. And they are often shared among family members, such as children who regularly use their parents’ devices to enjoy online content. But, with POPIA […]
Uber Drivers Caught Out As No Precedent Yet In Local Courts
Uber has been in the news of late thanks to the UK’s Supreme Court ruling in February that Uber UK grant drivers basic employment protection. The win will give 70,000 drivers access to holiday pay, a pension scheme and will be entitled to be paid at least the national living wage. It was not […]