As South Africa’s two-pot retirement system was introduced in 2024, the country has been taking steps to help individuals better manage their retirement savings while providing easier access to financial information. Although the two-pot system itself doesn’t currently have a dedicated, government-endorsed app, many retirement fund administrators and financial services providers are adapting their platforms … Read more
With the introduction of the two-pot retirement system in South Africa in March 2024, individuals now have more flexibility when it comes to accessing their retirement savings. However, this flexibility comes with specific tax implications that individuals need to understand, especially regarding how the South African Revenue Service (SARS) taxes withdrawals from the new system. … Read more
South Africa introduced the two-pot retirement system in March 2024 as part of a major reform to improve retirement savings and allow for greater financial flexibility. The system was designed to address the country’s high level of retirement fund withdrawals before retirement, which often left people without sufficient savings for old age. The two-pot system … Read more
The concept of a two-party system refers to a political system where two major political parties dominate voting in most elections, at least to the extent that one of the two typically holds a majority in the legislature. This system is common in countries like the United States and the United Kingdom. However, South Africa’s … Read more
While many learnerships in South Africa require a Matric certificate, there are still opportunities available for individuals without this qualification. The focus is often on practical skills and experience rather than academic achievements. Understanding Learnerships Without Matric Learnerships without a Matric are designed to provide individuals with practical skills and on-the-job training for specific occupations. … Read more
Understanding Apprenticeships An apprenticeship is a structured training program that combines on-the-job training with theoretical learning. It provides individuals with the skills and knowledge needed to become skilled tradespeople. Unlike learnerships, which are more broadly focused, apprenticeships are specifically designed for trade-related occupations. Benefits of Apprenticeships Common Apprenticeship Trades How Apprenticeships Work Finding Apprenticeship Opportunities … Read more
South Africa’s vibrant tourism industry offers numerous opportunities for aspiring professionals. Learnerships provide a structured pathway to enter this exciting field. Understanding Tourism Learnerships A tourism learnership is a structured training program that combines theoretical knowledge with practical experience. It equips individuals with the skills needed to excel in various roles within the tourism sector. … Read more
Understanding Learnerships A learnership is a workplace-based learning program that combines theoretical training with practical experience. It provides individuals with the skills and knowledge needed to enter a specific occupation. Learnerships are often funded by Sector Education and Training Authorities (SETAs) and offer stipends to participants. Benefits of Learnerships How Learnerships Work Finding Open Learnerships … Read more
Standard Bank, a leading financial institution in South Africa, offers various learnerships to young individuals seeking to kick-start their careers in the banking industry. These programs combine theoretical knowledge with practical experience, providing a solid foundation for a successful career. Key Features of Standard Bank Learnerships Typical Requirements for Standard Bank Learnerships Common Learnership Areas … Read more
A learnership is a workplace-based learning program that combines theoretical training with practical experience. It provides individuals with the skills and knowledge needed to enter a specific occupation. Capitec as an Employer Capitec is a leading South African bank known for its focus on customer service and innovation. They offer a variety of career opportunities … Read more