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MONEY CLINIC: Is it legal for our landlord to charge us a R500 late penalty fee during Covid-19?

MONEY CLINIC: Is it legal for our landlord to charge us a R500 late penalty fee during Covid-19?

An Amanzimtoti Property reader financially affected by the coronavirus outbreak has been charged a penalty every month for late rental payments. He wants to know if he is legally obligated to pay it. He writes: “My wife and I have been affected financially by the Covid-19 pandemic, just like everybody else. We have been making […]

What the record low interest rates mean for consumers

What the record low interest rates mean for consumers

The further easing of monetary policy by the South African Reserve Bank (SARB) has presented a golden opportunity for consumers looking to snap their dream house on the cheap and those looking to lower their debt servicing costs. The central bank today cut its lending rate by 50 basis points to a new record low […]


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