financial

According to a new study, people who have recently experienced severe financial strain may have a 20-fold higher risk of attempting suicide than those who have not encountered hardship.Content warning: This article discusses suicidal ideation and suicide attempts.Share on PinterestResearch indicates that financial stressors can be an important risk factor for suicide attempts.A study that…

Jaco Scheepers has been sentenced to 12 years' imprisonment by the Port Elizabeth Specialised Commercial Crimes Court for fraud. An Eastern Cape financial administrator has been sentenced after pleading guilty to fraud amounting to R2 million.Jaco Scheepers stole the money over a two-year period.He has been sentenced to 12 years' imprisonment.An employee of a Shopfit…

Absa Premiership trophy (Gallo Images) The PSL's Annual Financial Report reveals just how devastating the loss of Absa as an anchor sponsor could be to the future of South African soccer.The report reveals that despite surpassing a record R1 billion in revenue the PSL recorded a surplus of just R64 438.The financial report also confirms…

Absa Premiership trophy (Gallo Images) The PSL's Annual Financial Report reveals just how devastating the loss of Absa as an anchor sponsor could be to the future of South African soccer.The report reveals that despite surpassing a record R1 billion in revenue the PSL recorded a surplus of just R64 438.The financial report also confirms…

The Financial Services Conduct Authority has withdrawn the operating licence of Ecsponent Financial Services - and slapped it with a fine of R3 million for unlawfully marketing high-risk preference shares in its holding company to pensioners.EFS is a subsidiary of JSE-listed financial services group Ecsponent Limited.  EFS marketed the products without conducting appropriate suitability testing to…