The Money Show

The Best Bits of The Money Show: Customary marriage, art & Mandla Sibeko

4 snips
Sep 20, 2025
This week, John Manyike shares crucial insights into the financial and legal nuances of customary marriages in South Africa. Graeme Codrington tackles the revolutionary integration of generative AI in education at UCT, prompting discussions on adapting teaching methods. Entrepreneur Mandla Sibeko reveals how he transformed FNB Art Joburg into a platform for black-owned African contemporary art, enhancing community access and engagement. Lastly, Gary Booysen discusses effective strategies for smarter offshore investing to avoid ‘Rand roulette’.
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ADVICE

Register Customary Marriages Promptly

  • Register customary marriages with Home Affairs within three months to avoid legal disputes over status and assets.
  • Collect and keep all evidence (books, photos, messages) since courts accept varied proof of celebration or intent.
INSIGHT

Cohabitation Can Create Financial Claims

  • Cohabitation doesn't automatically become a marriage but can create a universal partnership claim for asset sharing.
  • Courts may order significant asset transfers (e.g., percentage of assets) to achieve fairness after long cohabitation.
ADVICE

Sign Antenuptial Contracts Before Lobola

  • Conclude an antenuptial contract before Lobola negotiations if you want marriage out of community of property.
  • If already married in community, consult lawyers; changing regimes requires divorce or a lengthy legal process.
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