Yilungelo Lakho: Reckless lending

It’s has been almost ten years since the National Credit Act was passed, with th aim of curbing reckless lending. But the problem is persisting. This year the National Consumer Tribunal (NCT) received double the number of complaints related to reckless lending, compared to last year. This practice has left many consumers sinking into debt. […]

Yilungelo Lakho: Financial literacy

Financial literacy, plus a spirit of entrepreneurship, multiplied by a structured school curriculum is equal to what South Africa needs to secure a prosperous economic future for its youth. This is one of the focuses that emerged at an international seminar, the Banking Association of South Africa and the Department of Basic Education hosted in […]

Yilungelo Lakho: Save

At the end of July, officially known as the Savings Month, the messages around the importance of saving, as a nation, cannot be over-emphasized, when many consumers are in the throes of over-indebtedness. Financial experts believe that teaching children financial prudence is a sure-fire way of producing a future generation of financially savvy citizens. To […]

Yilungelo Lakho: Sheriff of the court

A visit by the sheriff of the court often signals the precarious position a person has reached in the mishandling of their financial. That visit is often followed by the attachment of one’s valuable, to be later sold at a public auction in order to settle a debt. What powers does a Sheriff have against […]

Yilungelo Lakho: (22 May 2017)

Watch Yilungelo Lakho every Friday at 13:30 on SABC 1. Catch the programme again on Mondays at 12:00 on SABC 1. Yilungelo Lakho an interactive live show, aims at informing and educating consumers on their rights. Every Friday we focus on a particular topic for the entire hour – kicking off with an insert which […]

Yilungelo Lakho: ID fraud

The issue of identity fraud could soon be a thing of the past. Identity fraud has left many people with a huge headache and sometimes debt and misery. But the government is doing something about it. The Department of Home Affairs has teamed up with a number of banks to produce Smart ID Cards. consumer@sabc.co.za […]

Yilungelo Lakho: Xenophobia

The spate of violence against foreign nationals has left Africa with the difficult task of rescuing its international reputation. Today on Yilungelo Lakho, we take a look at the impact of recent weeks’ attacks on foreign nationals, the integration of foreign nationals, and what needs to be done to ensure that South Africa, and the […]

Yilungelo Lakho: Food safety

Before you drop that frozen chicken into your shopping basket or put that fork into your mouth, or even bite into that meat-pie, have you stopped to think about the handling, preparation and even storage of these food items? Are you convinced that all necessary precautions have been taken to prevent potentially severe foodborne illnesses? […]

Yilungelo Lakho: Maintenance

Child maintenance defaulters will soon have to pay up or be blacklisted. This is happening while measures are put in place to bring those who neglect their parental responsibilities to book. Do you think that blacklisting defaulters will make parents pay maintenance? consumer@sabc.co.za www.facebook.com/yilungelolakho Twitter @yilungelo Watch Yilungelo Lakho every Friday at 13:30 on SABC […]

Yilungelo Lakho: Sectional title housing schemes

Residing in a sectional title neighbourhood is a growing trend among many urban consumers. The relative comfort, being under 24-hour security is one of the reasons many make this choice. However for some consumers such peaceful living comes at a price. consumer@sabc.co.za www.facebook.com/yilungelolakho Twitter @yilungelo Watch Yilungelo Lakho every Friday at 13:30 on SABC 1. […]