SASSA Social Grant Increases for April 2025: New Rates and What They Mean
Starting April 2025, South Africa’s major social grants have increased as part of a broader effort to support vulnerable citizens. The Old Age, Disability, Foster Care, and Child Support grants all saw boosts, while social relief funding remains steady. These changes reflect both rising living costs and higher projected beneficiary numbers.
CBN's Decisive Move: Revocation of Heritage Bank's Licence Amid Financial Concerns
The Central Bank of Nigeria has revoked Heritage Bank’s licence due to ongoing financial issues, asserting that decisive action was needed to preserve stability in the financial system. The NDIC has been assigned as the liquidator, ensuring depositors are protected under the Banks and Other Financial Act 2020.