What is your net worth and why does it matter?
People often think of wealthy entrepreneurs or celebrities when they hear the word ‘net worth’, but it’s a financial concept that applies to everyone. You don’t have to be a billionaire business disruptor watching your stock price rise and fall to care about your net worth. Simply put, it’s the difference between the value of all your assets (like your house, cars and other valuable possessions, investments and cash) and the value of all your liabilities (like your home or car loan, credit card debt and personal or student loans)..
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Send immediate EFTs with Instant pay
The days of paying for goods and services by cheque are long gone – thankfully. We are no longer forced to wait until payments have been delivered by post, deposited in the recipient’s bank account and cleared after a 3-day bank-to-bank verification process, before a transaction can continue. These days, you can simply make an electronic funds transfer (EFT), and if you’re making a payment to someone’s account at the same bank, they will receive the money right away.
Learn moreSpot and avoid the latest social media scams
Social media has become a 1-stop shop. News updates, trends and memes flood our feeds, along with updates from friends and family. But it’s also become a breeding ground for innovative scams that make it difficult to separate a good deal from the latest fraud attempt.
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What they don’t teach you at university
Congratulations! You’ve levelled up and are now a university student ready to enrich your mind in your chosen field. You might be living outside your parents’ home for the first time, in student accommodation on or off campus. As you step into adult independence, you’ll have to take on a few new responsibilities.
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Water scarcity in South Africa threatens the agricultural sector and food security
South Africa is naturally a water-scarce country – among the 30 driest countries in the world. But, combined with unpredictable climate changes that tend towards hotter and drier conditions, diminishing water tables, and the chronic mismanagement of water systems, water availability is becoming a cause for concern across all sectors of the economy.
Learn moreSA needs to harness innovation and collaboration to avert a water crisis
South Africa is facing the prospect of a critical water crisis that threatens the nation's social, economic and environmental well-being. The challenges are multifaceted, stemming from a combination of factors such as environmental degradation, climate change, infrastructure decay, financial constraints, and social and political issues. Widespread water contamination and deterioration of numerous water treatment facilities have put a significant proportion of the country’s water systems in jeopardy, and a lack of skilled and experienced personnel to properly manage these facilities is exacerbating the problem.
Learn moreAmerican Express and Tennis South Africa announce multi-year partnership
With this partnership, American Express and TSA will support local communities and tennis development in the country. The partnership will enable the continuation of TSA's transformation and development plan, including the support to high performance players, national teams and wheelchair tennis. The partnership will also enable the development of existing competitions and the revival of certain ones, offering opportunities for tennis players in South Africa.
Learn more2024 Cape Town Cycle Tour - cycling development changing lives
On 10 March 2024, 25 cyclists from the Nedbank Sports Trust Cycling Development Programme completed the 109 km CTCT, which is far more than an epic challenge for cyclists. For them, it’s about changing lives in communities beset by gangsterism, crime, violence, and teenage pregnancies.
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