Friday vibes, people, let’s get into it.
Friday, 15 May 2026
Interest rates might be going up again soon
So apparently economists are now warning that we could be looking at multiple interest rate hikes this year, with the first one possibly landing as soon as two weeks from now. I know, I know, nobody wants to hear this. For anyone with a home loan or a car payment, this is genuinely painful news, and with the cost of living already squeezing everyone dry, the timing feels brutal. Keep an eye on the MPC announcement because this one’s going to affect all of us directly.
SARS is coming for foreign nationals with SA property and bank accounts
SARS has been ramping up enforcement against foreign nationals who own property here and hold local bank accounts but haven’t been playing by the tax rules. Look, I’m not going to pretend this is a simple issue, there are legitimate people caught up in complicated situations, but there are also clearly people who thought they could fly under the radar. SARS has been getting sharper and sharper with their data, so if you know anyone in this situation, they really need to get their affairs in order.
A UK grocery basket is now cheaper than ours and that should embarrass someone
This one genuinely got me. A comparison showed that a standard grocery basket in the UK came out slightly cheaper than the same basket here in South Africa. Yes, we still win on fresh produce and meat, but imported and branded goods are actually more affordable over there. In the UK. Where everything is supposed to be expensive. I don’t know who needs to answer for this but someone does.
Potgieter is up there with Scheffler at the PGA Championship
Christiaan Potgieter is sitting right at the top of the leaderboard after day one of the PGA Championship, sharing the lead with world number one Scottie Scheffler. It’s a stacked field and day one means nothing yet, but a South African up there with the best in the world is always worth celebrating. Let’s see if he can hold on.
So here’s my question for the forum today, if interest rates go up again, what’s the one thing in your monthly budget that you’re cutting first? Let’s hear it, because I think we’re all doing the same mental maths right now. Happy Friday everyone, make it count.
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