Assuming the loan term – the time a consumer has to repay the loan – is one year at a rate of 28.5%, they would pay R8 550 in interest. In South Africa loan terms can range from three to 84 ...

Social grant beneficiaries, especially the elderly or single mothers, continue to be targeted by unregistered or informal lenders (commonly called loan sharks, mashonisas or skoppers) who use ...

The funding from the Brics bank comes in the form of two sovereign loans for the development of South Africa's rail and water networks. Transnet CEO Michelle Phillips and New Development Bank ...

The new Expropriation Act of 2024 attempts to pull South Africa’s legal framework closer to the constitutional imperatives of Section 25—the so-called property clause. The legal fiction of ...