Beplanning onderwerpe

GIB said comprehensive global cover should ideally cover a wide range of risks and potential liabilities to provide robust protection for individuals, businesses, and organisations operating internationally.GIB Insurance has warned that multinational corporations may not be playing it safe enough…

By: Jason MellowTHE prolonged effects of the economic downturn in South Africa have placed many small businesses under undue strain. The current cost-of-living crisis has cut into consumer spend and the dual effect of high inflation and rising interest rates has undermined the post-pandemic gains…

By: Yaaseen AlbertynIf insurance is considered a grudge purchase, then life insurance – insurance that is meant to cover your debts when you die – is often met with some degree of resentment. You know it’s important, but who wants to think about what happens after you pass away?And so, somewhat…

By: Alfred RamosediAMID the stresses of a strained economy and growing financial pressure on consumers, two pivotal questions ought to be taken much more seriously in the corridors of business in South Africa: Is the issue of employee indebtedness taken seriously enough? Is there adequate…

Pick n Pay has launched a store-to-store Domestic Money Transfer service, at R8.00 per transaction.Pick Pay follows in the footsteps of Shoprite, which already offers a similar service.Informal cash usage in the country remains high. The new service will be interoperable across all Pick n Pay…

South Africa’s largest short-term insurer Santam said that in the past 48 hours the company has been dealing with multiple claims caused by inclement weather that has impacted parts of the Western Cape province.This past weekend high gale force winds resulted in the spread of fire in the areas of…

How often do you wear a pair of underwear? If you own a week’s worth, that’s 52 wears per year.Yet you probably spend less on these basic staples than fun impulse purchases or fancier clothes that you use way less.The result: Your closet essentials wear out and land in the trash well before the…

Expanding healthcare access in South Africa demands meticulous resource allocation, which is crucial for delivering the calibre of service essential to upholding the human dignity of our entire population, according to the Health Funders Association (HFA).“Defining what constitutes value in…

Fraudulent claims, particularly on direct funeral and life policies were often driven by financial desperation, with individuals resorting to deceit to maintain their standard of living, according to Hollard Life Solutions.The Forensic Standing Committee of the Association for Savings and…

The Companies Act of 2008 intends to make business easier. But in practice, the opposite is happening through mismanagement and endless red tape.1. On January 26 an inaugural meeting was held of the members of the Professional Company Secretarial Practitioners Organisation (PCSPO) still to be…

Ninety One Asset Manager remains the largest asset manager, Alexforbes Annual Retirement Fund Survey findsNinety One Asset Managers remains the largest asset manager, with a 6% increase in assets, solidifying its position.This information is contained in the June 2023 Alexforbes Annual Retirement…

There is a notable increase in fraudulent activities in the business sector during the transition from the second quarter to the third quarter of 2023.This is according to recent quarterly credit application data, conducted by Debtsource which found that this surge in fraud poses a critical…

Last week, I focused on listening to the voice of common sense on money issues (“Let common sense be your guide in managing your money”). However, even our “common-sense” thinking can sometimes let us down, as revealed by the figure now regarded as the father of behavioural finance, Daniel Kahneman…

By Brett LadouceMy mother always told me that the truth has three sides, namely my truth, your truth, and the true truth that lies somewhere between my truth and your truth. Strange as it sounds, the statement holds a lot of truth in our media-driven society.A storm in a Twitter cup recently…

Banxso, a leading name in the financial trading industry, is proud to introduce the ‘Tour de Banxso’ an innovative online trading competition that combines the thrill of trading with the elegance of classic car heritage. This announcement comes alongside Banxso’s renewed sponsorship of the national…

By: Darren Britz and Bronwin RichardsDuring the April 2024 South African Revenue Service’s (Sars’s) revenue results announcement media conference, Sars commissioner Edward Kieswetter brought to light concerning observations regarding non-compliance and delinquent behaviour by tax practitioners.By…

Just SA’s weekly jargon buster aims to give simple, plain English explanations for typical words and phrases used in the financial industry, in particular, words relating to guaranteed life annuities and living annuities. This week, we look at the letter: JJJoint life annuityA joint life annuity…

Sustainability is back on the agenda of business and finance after the Covid-19 pandemic assigned it to the backburner for a few years, and the Financial Sector Conduct Authority (FSCA) is concerned about associated risks to consumers of financial products that need to be addressed.Last week the…

By William LouwIF THERE is a DTA (Double Taxation Agreement) between South Africa and another country, non-tax residents earning a living annuity might not need to pay tax on the income in South Africa. However, some non-tax residents earning South African living annuities could inadvertently pay…

By threatening the parliamentary portfolio committee on public enterprises with legal action, soon-to-retire Public Enterprises Minister Pravin Gordhan once again demonstrates his lack of appetite for accountability.It’s an open secret that Gordhan did everything in his power to disempower the…