Money on a Monday: Why are banks rewarding us for spending more?

Many banks are now offering rewards for their clients to incentivise them, except they’re not rewarding them for saving money but rather for spending. Does this mean that banks are discouraging people from saving their money? John Maytham speaks to finance journalist Maya Fisher-French to make some…

Money on a Monday: How deep in debt are South Africans?

When it comes to living on credit, how are we doing as a nation, and which segment of the population is heavily reliant on credit? Where are South Africans spending, and how frivolously are they doing it?  Lester Kiewit speaks to Jaco van Jaarsveldt, the Chief Strategy and Innovation Officer in Af…

Money on a Monday: Why paying cash isn’t always the best car deal

Did you know that you can’t simply walk into a car dealership and ask for a cash discount if you want to buy a vehicle outright, without taking out bank finance? Lester Kiewit speaks to Michael Pashut, founder of changecars.co.za, about dealer incentive commissions, also known as kickbacks, and ho…

Money on a Monday: How to negotiate your salary with confidence

How should you handle the salary question in a job interview: play it safe and risk underselling yourself, or aim high and negotiate with confidence? Lester Kiewit speaks to Advaita Naidoo, Africa MD at Jack Hammer Global, about why this question should be treated as a strategic opportunity, backe…

Money on a Monday: Changing how young people think about money and financial freedom

In a world where financial stress is on the rise, especially among young people, social enterprise Lucha Lunako is helping youth rethink their relationship with money.  Rather than focusing only on budgeting, the eight-week Foundations for Financial Freedom course draws on behavioural science to u…

Money on a Monday: From debt traps to purpose — Changing how we think about credit

Modern‑day society largely runs on credit in one form or another, and this is often linked to negative ideas such as indebtedness and ongoing debt spirals. But what if we could change our mindset and behaviour, using credit in a more controlled and purposeful way? Lester Kiewit speaks to Wiehahn K…

Money on a Monday: How scrapping the prime rate could affect your bond and the rand

The South African Reserve Bank has proposed doing away with the prime lending rate, which has been the benchmark for decades for home loans, business loans, and overdrafts. Lester Kiewit speaks to Harry Scherzer, CEO and founder of Future Forex, about how this move will impact households.    Les…

Money on a Monday: How fair is it to expect learners and parents to raise funds?

Parents often feel frustrated by school fundraising events, believing they already contribute enough through school fees. Lester Kiewit speaks to Matakanye Matakanya, general secretary of the National Association of School Governing Bodies, about whether it is fair to expect parents and learners t…

Money on a Monday: Car aircon vs open windows - what saves you more money?

Is it more economical to drive with the windows wound down and the aircon off, while still considering safety, or with the windows closed and the aircon on? Lester Kiewit speaks to engineer and technical car expert Nicol Louw to break it down.   Lester Kiewit brings you a fresh and reliable star…

Money on a Monday: Buoyant Rand – good or bad?

The rand has strengthened against the US Dollar as well as the other major currencies in recent months. What have been the main driving factors and will consumers even benefit from this in the form of lower prices for certain products and even groceries? Lester Kiewit speaks to Harry Scherzer, CEO …