Yilungelo Lakho: Title deed

Whether you have fully paid-up your house or owe nothing on your bank home loan, technically, you still have no right of ownership to your property until you have a title-deed firmly in your hands. It’s a simple document, but don’t underestimate its importance when your claim of ownership to a property is in serious […]

Yilungelo Lakho: Hairdressing industry

The saying that a woman’s hair is her glory, has given rise to a booming hairdressing industry in South Africa. For decades women have been straightening their hair with chemicals all in the name of beauty. However, they have been oblivious to the health risks such as burns, blindness or even cancer posed by some […]

Yilungelo Lakho: Hidden costs when buying a house

Wouldn’t it be great if the price tag on your new house was all you had to pay? Well, in reality, there are a lot of hidden and compulsory costs of home ownership. And these have often come as an unpleasant surprise to consumers, especially to first-time buyers who are often dazzled by the prospect […]

Yilungelo Lakho: MMM

It has been dubbed a pyramid scheme that will eventually collapse, leading participants into financial loss, but members of Triple M insist that it is only a stokvel or a saving scheme that has rescued many from financial distress and poverty. Now, despite recent media reports warning of its dangers, participants remain adamant that the […]

Yilungelo Lakho: Investment scams

Investment scams continue to wreak havoc in the lives of South African consumers. This is happening, despite several warnings about ‘too good to be true’ investments schemes that promise rare instant wealth. consumer@sabc.co.za www.facebook.com/yilungelolakho Twitter @yilungelo Watch Yilungelo Lakho every Friday at 13:30 on SABC 1. Catch the programme again on Mondays at 09:30 on […]

Yilungelo Lakho: Trading shares

Buying and selling shares was once viewed as something only the rich could do. But now many consumers are entering this space in search of creating money or investing for the future. Traditionally only stock brokers were used as they knew how trading shares works. In recent times there are companies that sell computer programmes […]

Yilungelo Lakho: Investment

In the beginning of every year, consumers always wish to start an investment of some sort or to save. While saving is a part of your income that you put away regularly, it does not necessarily provide returns and it can only meet your short-term needs. Investing on the other hand, provides returns and helps […]