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A world in chaos: Do businesses have options to weather the storm?

20 April 2020,  Dr Damian Viviers

The year 2020, or 20plenty as it was commonly referred to when the new decade commenced, has over the last... few months, primarily as a result of the worldwide Covid-19 pandemic, turned out to be an unprecedented time in our history. This is not only true for South Africans, but for all countries and people across the globe. Various negative effects are culminating from and being amplified this virus, not the least of which are medical and economic in nature. All indications are that the world is facing the deepest recession and most challenging health and economic crisis in last 100 years, which will affect everyone at some point and in some way or another.

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Can a bank transfer funds from one account to another without your permission?

11 November 2019,  Dr Candice Reynders

I have two accounts with the same bank. I am in arrears on my home loan payments but will be... receiving money into my savings account. It’s not my money, but money from my sister that I must use to help arrange for her wedding and expenses. I’m just worried that the bank will see the money and then take it to settle my arrears on my home loan. Can they do this?

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