insert_link Entertainment Why musicians die in poverty – South African study reveals battle to make ends meet By Gwen Ansell, University of Pretoria Benefits and appeals were recently launched to support the medical costs of veteran South African guitarist Madala Kunene. It’s not the first time such initiatives have been necessary, nor the first time that media and politicians have expressed astonishment that a renowned musician “died in poverty”. Musicians’ dire financial circumstances are sometimes wrongly blamed on irresponsible spending; a […] todayJuly 9, 2024 18
insert_link Business / Economics South Africa’s national student financial aid scheme has helped millions but is in trouble: here’s why South Africa’s minister of higher education and training, Blade Nzimande. Darren Stewart/Gallo Images via Getty Images By Thandi Lewin, University of Johannesburg The board of South Africa’s National Student Financial Aid Scheme (NSFAS) has been dissolved by the country’s higher education and training minister, Blade Nzimande, and the organisation placed under administration. Nzimande made the decision because of “(the problem of) non-payment of (students’) allowances”. Thandi Lewin is […] todayMay 6, 2024 21
insert_link Business / Economics Needing to borrow money? Four tips on what’s okay and what’s not By Bomikazi Zeka, University of Canberra It’s a financially challenging time for most households. With interest rates rising, many are spending even more money on debt repayments or taking out loans to help make ends meet. A report released recently in South Africa, compiled by one of the country’s biggest banks, found that 42% of South Africans, across various income levels, cannot manage their debt. This indebtedness has caused […] todayDecember 14, 2023 4