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I use them, mostly because they're the cheapest for me.

Positives:
-0.4% per transaction, minimum of R120, same as the competition!
-R800/year subscription fee.
-If you trade 5 times per year there is no subscription fee, so in actual fact the subscription fee should be R600.05, just buy 5 1c penny shares if you must
-I do trade more than 5 times a year on regular amounts, so for me there is in effect no subscription fee.

Negatives
-As far as I can see, no stop loss.
-The website wouldn't let me in a couple of times (had to call them to reset my password).

So far I haven't sold anything, but I did get an IT3b for some interest earned.

I'm looking at SB too. See their offering is R60 minimum and 0.5% per trade whereby ABSA's minimum trade fee is R120 and 0.4%. SB provide the ability to set auto stop losses and give you access to charting tools etc(still enquiring if theres additional cost involved). Think theres also a R60 monthly fee for that(waived for 3 trades or more). Im also interested in the tax reports they provide which seems better than ABSA's.

What I also like about SB is their option of creating a linked money market account to the trading account which provides an attractive interest rate if maintaining a minimum balance of 50k. Nice place to keep any held cash and the interest earned will cover the R60 monthly fee and a nice portion of at least costs for 1 trade of the month.