This site requires JavaScript to be enabled. Please enable JavaScript in your browser settings, or upgrade to a modern browser.

Big EFT and debit order changes coming soon.

Loading player...

GUEST - Ghita Erling, CEO: Payments Association of South Africa.

South African banks will implement a big electronic funds transfer (EFT) payment change in September 2024, impacting direct payments and debit orders. The change followed a decision by the Common Monetary Area (CMA) regulators to discontinue processing EFT payments and collections within the CMA.

4 Jul 2024 1PM English South Africa Business News · Investing

Other recent episodes

PIVOT POINT: Nkuna on Redefining Leadership in Africa’s Legal Sector

Newly appointed COO of Cliffe Dekker Hofmeyr, Phetheni Nkuna, joins Pivot Point to discuss her rise from employment law specialist to one of the most influential operational leaders in African legal practice.

9 Apr 4PM 18 min

From Pledges to Projects: Can Gauteng Turn Investment Promises into Real Growth?

Gauteng is chasing R200 billion in new commitments after securing R312.5 billion in pledges last year — but only 28–30% of those have converted into real projects. PwC Chief Economist Lullu Krugel joins us to unpack the credibility of the province’s investment story

9 Apr 4PM 21 min

Fuel Shock Survival: Why Pre‑Owned Hybrids Are Becoming SA’s New Safety Net

With petrol heading toward R26 per litre and diesel nearing R28, South Africans are searching for practical ways to stay mobile. Weelee CEO Errol Levin explains why pre‑owned hybrids are emerging as the smartest hedge against fuel volatility

9 Apr 4PM 10 min

FDI at a Turning Point: What Global Investors Expect in 2026

Kearney’s Global Business Policy Council unveils the 2026 FDI Confidence Index®, revealing the top global and emerging markets expected to attract investment over the next three years. Africa Managing Partner Theo Sibiya breaks down the trends shaping investor sentiment

9 Apr 4PM 13 min

Inside Your Pocket: Why SA’s Cost of Living Keeps Climbing

Electricity inflation has surged 85% since 2020, water is up 68%, and low‑income households now spend nearly 67% of their income on food and utilities. Senior economist Raksha Darji unpacks the Competition Commission’s March 2026 Cost of Living Report — revealing structural failures, pricing behaviour, and what must change to…

9 Apr 4PM 13 min

All episodes