Consumers have had a tough financial time in recent years. And even as the economy starts to turn the corner in terms of lower inflation and the beginning of lower interest rates, financial pressures still remain, with some households heavily indebted, even having to consider getting help to better deal with their situation.

To unpack how they’re currently viewing the South African consumer and how consumers can navigate some of the existing challenges, I’m joined by Calvin Ndlovu, Executive for Unsecured Recoveries at Nedbank.

For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.

Dear finance professionals and students, welcome to Podcast of FCA Deepak Rao a practicing Chartered Accountant.

• Vodafone Idea’s financial turnaround is in jeopardy as its ?25,000 cr debt-funding plan faces delays following the Supreme Court’s AGR ruling. The delay has raised concerns about Vi’s ability to invest in 4G and 5G expansion, crucial for competing with rivals Jio and Airtel. Analysts predict government intervention, including converting dues into equity, to prevent a collapse.

• Indian companies, including HUL and Diageo, are adopting flexible benefits programs to cater to the diverse needs of their multigenerational workforce. These programs allow employees to customize their benefits packages by choosing from a range of options such as health insurance, wellness programs, and financial counselling, leading to increased employee satisfaction and retention.

• Major electronics companies like Samsung, Apple, and Whirlpool are importing less, marking a potential first-time occurrence. This shift is attributed to the ‘Make in India’ initiative promoting local manufacturing and component sourcing. While mobile phone localisation is steadily increasing, home appliances have achieved significant local sourcing.

• Walt Disney reported a $1.5 billion impairment charge related to its Star India transaction, reflecting a fair value adjustment. The charge includes $800 million in cumulative foreign currency translation losses. Disney completed the merger of Star India with Reliance Industries’ Viacom18, creating JioStar, on November 14.

• Indian banks are turning to certificates of deposit (CDs) to bridge the gap between loan demand and deposit growth. CD issuances have surged by 69% this fiscal as banks compete for deposits amid tight liquidity. Analysts predict that deposit rates will remain elevated despite anticipated rate cuts.

• The Goods and Services Tax Network (GSTN) has identified an issue where some taxpayers are seeing duplicate invoices in GSTR-2B for both September 2024 and October 2024. The GSTN team is actively working to resolve this matter and assures taxpayers that the issue is being addressed on priority.

This Podcast is sponsored by Sound of CA. We share because we care !
We love keeping CA informed.

Vande Mataram
Jai Hind

#charteredaccountant #news #artificialintelligence #compliance #updates #financeandaccounting #cfo #hottopic #breakingnews #newsandupdates #deadline #competency #share #informative #careers #job #cbdt #gst #sebi #rbi #icai

People facing debt: Could you write off some debt? Get started here: https://thriftyfamily.co.uk/get-debt-options/

“The information provided in this video is for editorial purposes only and not intended as financial advice. Free debt counselling, debt adjusting and providing of credit information services are available from MoneyHelper, an independent service set up to help people manage their money. You can find out more by contacting MoneyHelper. MoneyNerd is not associated with MoneyHelper, we just think they’re great.

MoneyNerd does not give specific debt advice and we recommend that you always discuss your personal situation with a qualified adviser that works for a company that is authorised and regulated by the Financial Conduct Authority. With your consent MoneyNerd may pass you on to a trusted debt counselling company or insolvency practitioner. MoneyNerd Limited is an Introducer Appointed Representative of Pacific Financial Solutions Ltd who is authorised and regulated by the Financial Conduct Authority (Firm Reference Number 688034) and is classed as a debt counselling firm. Their in house IPs are Jason Bowen who is authorised to Act in the UK by the Institute of Chartered Accountants of Scotland (ICAS). Licence no. 22150 and Laura Stewart who is authorised to Act as in the UK by the Insolvency Practitioners Association (IPA). Licence no. 23590.”

In Episode 3 of Financial Firsts, host Kopano Shimange is joined by Dr. Nosipho Mhlanga and an expert from Nedbank to explore effective ways to manage student loans and consolidate debt.?

Whether you’re struggling with repayments or seeking a way to simplify your debt, this episode offers expert insights and actionable advice to help you get back on track financially.?

Don’t miss out! Watch the episode now and learn how to handle your student loans with confidence.?

Join Nedbank Private Clients today: https://private-clients.nedbank.co.za/accounts/private-bundle-young.html?

#NedbankPrivateClients #SeeMoneyDifferently?

Debt review, also known as debt counselling, is a legal process that helps South Africans who are over-indebted. How do you qualify for the debt review process? What does it mean to be over-indebted and how would you know if you have too much debt? What should you know about the debt review process before signing up?
Founder & CEO of Meerkat, David O’Brien answers all of these questions.
Fill out the contact form and we’ll discuss how debt review can help you: https://bit.ly/3zxYOhH

The 17.W form is not how you can be removed from the debt review process.

Prepare for the UGC NET Management Paper 2 with expert guidance from Bushra Shazli. In this session, we cover crucial concepts of Financial Management to help you ace the exam. This video provides a comprehensive understanding of key topics, including capital budgeting, financial planning, working capital management, and more.

???? Key Topics Covered:

Capital Structure and Theories
Cost of Capital
Working Capital Management
Dividend Decisions
Financial Leverage and Risk
Time Value of Money

Playlist: https://youtube.com/playlist?list=PL2IYWIGYC_4yedWtrYRobFAwz5F5tIcOq&si=J3N–OCHY4qRohqm

#UGCNETAdda247 #UGCNET2024 #ugcnetmanagement #UGCNET #UGCNETPaper2 #UGCNETExam

Welcome to UGC NET & JRF Exam Preparation YouTube Channel, Prepare for UGC NET Paper 1 & 2 With Our Live Classes and Strategic Videos Subject-Wise. Download Our App: https://adda247.app.link/Adda247 for FREE to watch Demo Videos, Course Content, Current Affairs & Exam-Wise Content Etc.
For Admission Query Call Us :- 09240231030

Download Our Adda247 App:- https://adda247.app.link/Adda247
Download Our Adda247 IOS App:https://apps.apple.com/in/app/adda247/id1618943840

Our Courses
??????????????????????????
????UGC NET 2024 | PAPER 1 FOUNDATION BATCH (Dec 2024 ATTEMPT): https://applink.adda247.com/d/ma69NUnweJ

????UGC NET Commerce Live Batch: https://applink.adda247.com/d/ly6w34vI82

????UGC NET Commerce Megapack: https://applink.adda247.com/d/a0ECcjfAzW

UGC NET Exam
??????????????????????????
The National Educational Testing Bureau of University Grants Commission (UGC) conducts National Eligibility Test (NET) to determine eligibility for lectureship and for award of Junior Research Fellowship (JRF) for Indian nationals in order to ensure minimum standards for the entrants in the teaching profession

Telegram Link: https://t.me/Adda247ugcnet

If you’re feeling overwhelmed with financial decisions, a free financial counsellor can help you put a plan in place for your money. The earlier you get help, the more options you’ll have. Call the free National Debt Helpline on 1800 007 007.

Are you struggling with debt and looking for a way out? In this video, we will explore Debt Management Plans and whether they are right for you. Learn how debt management plans, or D M Ps, can help you reduce your debt and regain financial stability. With the right debt solutions, you can pay off your debt and get back on track.

Debt Management Plans are designed to consolidate your debts into one manageable monthly payment. This video will show you how to manage debt effectively and avoid bankruptcy. We will also discuss the benefits and drawbacks of debt management plans, so you can decide if this debt solution is right for you.

By watching this video, you will gain valuable debt advice and tips for debt reduction. Discover how a debt management programme can help you pay off your debt faster. Learn about debt settlement and how to handle debt without stress. Our expert advice will guide you through the process of debt recovery and debt resolution.

Understand how debt management services work and what to expect when you sign up for a debt payment plan. We will also share a real-life case study from the UK to illustrate how a debt management plan can make a difference. Learn how to find a reputable debt management company and what to look for in a debt management strategy.

If you are considering a debt management plan in the UK, this video is for you. We will provide actionable steps and tips to help you control your debt and find the best debt assistance. Whether you are dealing with credit card debt, personal loans, or other unsecured debts, we have the information you need to make an informed decision.

Watch this video to learn how to create a debt repayment plan and take control of your financial future. Do not forget to like and subscribe if you find this content helpful. Your support helps us reach a wider audience and provide more valuable debt management advice.

Steps to Take When Considering a Debt Management Plan
First, assess your financial situation by listing all your debts, including amounts and interest rates. This step is crucial to understand the extent of your debt and determine if a debt management plan is suitable.

Next, research reputable organisations that offer debt management services. Look for companies with good reviews and accreditation.

Contact them to discuss your options and understand any fees involved.

Speak to a financial advisor to get personalised debt advice. A professional can help you understand the pros and cons of debt management plans and other debt solutions.

If you decide to proceed, gather all necessary documents, such as credit card statements, loan agreements, and income details. This information will be needed to set up your debt management plan.

Ensure you understand the terms and conditions of your debt management plan. Ask questions and do not be afraid to seek a second opinion if something does not feel right.

Stick to your budget and avoid new debts while on a debt management plan. Discipline and commitment are key to successfully paying off your debt.

Regularly review your debt management plan and make adjustments if needed. Stay in contact with your debt management company to ensure everything is on track.

For more information, visit the UK Care Guide at www.ukcareguide.co.uk.

Follow Us On Social Media
You can follow us for more actionable tips and advice on our social media channels:
Facebook – https://www.facebook.com/UKCareGuide
Instagram – https://www.instagram.com/ukcareguide
X/Twitter – https://twitter.com/ukcareguide

You can also subscribe to this channel by clicking this link – https://shorturl.at/noQX4

Copyright Notice
This video is the property of UK Care Guide Channel. You are authorised to share the video link and channel and embed this video in your website or others as long as a link back to our YouTube channel is provided. © UK Care Guide

#DebtManagementPlans #DMP #DebtRelief #DebtReduction #ManageDebt #PayOffDebt #DebtSolutions #FinancialHelp #DebtAdvice #DebtConsolidation #DebtRepayment #DebtCounselling #DebtHelp #DebtManagementUK #ReduceDebt #DebtRecovery #DebtPlan #DebtManagementProgramme #DebtPaymentPlan #DebtSettlement #HandleDebt #DebtControl #DebtResolution #DebtAssistance #DebtManagementService #DebtSupport #DebtManagementCompany #DebtManagementStrategy #DebtManagementPlanUK #DebtRepaymentPlan