Kaya 959 Kaya Biz

Property Feature/Steps To Take For Early Bond Cancellation

--:--
If you are selling your property before your home loan has been paid in full, you will need to apply to the bank for the early cancellation of your bond. In terms of the National Credit Act, banks are entitled to levy a penalty if you cancel your bond before the end of the agreed loan period. If you cancel your bond within a few years of buying your property, banks are permitted to levy a penalty on the outstanding bond amount.
13 Jul 2021 1PM English South Africa Business News · Investing

Other recent episodes

PIVOT POINT – Schalk Malan, CEO of BrightRock

Schalk is a qualified actuary and the main architect behind our BrightRock insurance. He has worked in the financial services industry for over 15 years. He’s regularly invited to speak internationally about BrightRock’s unique, human-centric product design.
18 Apr 2PM 37 min

Why Cinema has struggled to recover post Covid-19

GUEST – Onke Dumeko, NFVF Head of Operation The SA Film industry contributed R7.2 Billion in 2019, this dropped to R2.9 billion in 2020 due to Covid-19. KAYABiz host, Gugulethu Mfuphi investigates whether the sector recovered.
18 Apr 2PM 17 min

Canal+ increases its stake in MultiChoice to 40.8%.

GUEST – Mudiwa Gavaza - business writer for the Business Day and Financial Mail Canal+ has disclosed that it has bought even more shares in South Africa’s MultiChoice Group in recent days, taking its shareholding closer to the 50% mark. In a regulatory filing with the JSE on Thursday, Canal+…
18 Apr 2PM 20 min

How do you reward a multi-generational workforce?

GUEST – Deon Smit, ExCo Member at the South African Reward Association (SARA) and Master Reward Specialist. Managing expectations in the workplace is challenging, even more so when faced with the career aspirations of four different generations in one organisation or even one team. Employees are living longer and want…
17 Apr 2PM 16 min
All episodes