Q: What was the opening balance of my savings pot? A: On 1 September 2024, the opening balance, or seed capital of your savings pot was calculated as 10% of your fund value, to a maximum of R30 000. This was a once-off amount and no further seeding will be done. Q: Can I again withdraw…
President Cyril Ramaphosa delivered the State of the Nation Address (SoNA) on Thursday, 8 February 2024 at 7pm. The address took place before a joint sitting of the two houses of Parliament. The address is an important milestone as it brings certainty to the country’s political, social and economic landscape. It demonstrates that South Africa’s democracy remains…
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