Student loans are loans that are designed to help students pay for tertiary education expenses. Higher education in South Africa is quite expensive, and student loans are a viable option for students from low-income households and cannot afford to pay for their university or college tuition. How do student loans work? A student and a [...]
Funding
“A day unemployed is like a bagel- even when it’s bad, it’s still pretty good…” ― CrimethInc., Evasion. Unemployment is the scourge that has marred the ubiquitous nature of merriment across the globe, raging like an unrestrained, rampant chimaera. It has been a source of bereavement for multitudes and makes landfall owing to a galore of [...]
It’s not difficult to apply for a SASSA grant since more than 19 million South Africans receive a monthly grant from SASSA, the South African Social Security Agency. Almost a third of the population is currently in need of assistance and receives money from the government in order to survive. These grants are designed to [...]
Studies can be expensive, but that does not mean that you should put your dreams on hold. NSFAS (The National Student Financial Aid Scheme) is a bursary scheme that helps South African students who are disadvantaged and working-class financially to pursue their studies towards a successful future. NSFAS fully subsidises higher education and training in [...]
The Compensation Fund (C.F.) in South Africa provides compensation to employees who either get injured, contract diseases, or die from injuries and illnesses contracted during the course of their employment. Companies are mandated to contribute towards this fund by law, as the fund is governed by the Compensation for Occupation Injuries and Diseases Act (COIDA) [...]
The NHBRC (National Home Builders Registration Council), by law, requires anyone in the home building business to be registered to it. NHBRC registration ensures they have access to funding from financial institutions, NHBRC home building materials, training programs and intervention by the NHBRC to maintain a positive working relationship between the client and builder Below [...]
“Trade isn’t about goods. Trade is about information. Goods sit in the warehouse until information moves them.” ― C.J. Cherryh, Chanur’s Legacy Commerce and trade have always been at the cynosure of an empire’s expansion and stabilisation endeavours throughout history. Trade not only enlivens the livelihoods of the people but also factors into the economic growth [...]
What do they do, and how do I get access to their services? Are you an entrepreneur looking to start-up a medium-sized manufacturing business? Do you already manufacture and wish you had the capital to expand? Are you from a previously disadvantaged group of people in South Africa and in need of funds to create [...]
As a result of the covid-19 global pandemic, the president introduced a social relief of distress grant of R350. The grant was made to help unemployed South Africans who have faced undue hardships due to the pandemic get through the nationwide lockdown that was enforced at the time. The social relief of distress grant was [...]
When Covid 19 struck in South Africa, it did so with devastating consequences. The disease and resulting lockdown left many families in a situation where breadwinners lost their jobs, leaving families without the resources to buy even the most basic necessities such as food. South African President Cyril Ramaphosa declared the National State of Disaster [...]
In South Africa, the UIF has been established to allow workers who have contributed to the fund to claim compensation when their employer has become insolvent, when their contract expires or when they have been fired. UIF may also be claimed in the events of maternity or illness. It is important to note that UIF cannot [...]