A bank guarantee is a promise made by a bank or other financial institution that if a particular borrower defaults on a loan, it will cover the associated losses. Through this bank guarantee, the bank will reassure the original creditor that...
A trust is a legal arrangement that permits someone to hold assets for the benefit of the trust beneficiaries without actually possessing them. The transfer of ownership and management of the trust assets from the donor or founder to one or...
A small claims court is a special court that resolves disputes fast without spending excessive money on court cases. The rules are simplified in small claims court, and the hearing is informal. Lawyers are not permitted in small claims court, as...
Quality education is very expensive, not only in South Africa, but also all parts of the world. Registration costs, tuition fees, study materials, and lodging are getting more expensive. Furthermore, students without good financial background would struggle to afford one of...
Netflix is currently the most popular online streaming service available to home television viewers. Before they started streaming on-demand shows via the Netflix App, the company previously mailed DVDs directly to people’s home. But in 2007, it launched its streaming service,...
A tax is a mandatory contribution to state revenue imposed by the government on their citizens. The purpose of tax is to get revenue to fund projects that increase the economic performance of the nation and standard of life of their...
Value-Added Tax (VAT) is an indirect tax that applies to the consumption of goods and services. With VAT, business are required to pay a sum on the supply of services and goods produced, as well as on the importation of goods...
Since there are usually several people coming over to South Africa every now and then for different reasons, questions like where can I exchange foreign currency in South Africa are usually famous. This is because, international travelers usually come with foreign...
Every responsible government owes a better life to its people. Therefore, with the four types of subsidies in the South African government; one can see the depth of responsibility in the South African government. The Government of South Africa recognizes that...
Would you like to have fun and make money at the same time? You should read this list of the top 10 fun jobs in South Africa. Of course, this is going to be a tricky issue to handle; ideas of...