Beplanning onderwerpe
In a bid to enhance the township economy, the Gauteng Partnership Fund (GPF) and MEC for Human Settlements and Infrastructure Development Lebogang Maile recently launched a funding initiative for building back rooms in Gauteng townships.The MEC said the Kasi4Real programme was introduced to address…
By Beth AmatoIn principle, the global minimum corporate tax, which the National Treasury aims to introduce to increase the corporate tax base in South Africa significantly, is necessary, but the proposed bill concerns tax experts. In its current state, the proposals in the South African Draft…
A key aspect of financial management and planning is anticipating risks. It’s prudent to bring to your attention the following risk South Africans face this year: that the general election, scheduled for May 29, does not go peacefully and/or a substantial portion of voters are so unhappy with the…
JUST SA’s weekly jargon buster aims to give simple, plain English explanations of 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: EEEnhanced AnnuityAn enhanced annuity is a…
The National Treasury has warned of a “tough challenge” required to address all the outstanding action items required by the Financial Action Task Force (FATF) to remove South Africa from what is referred to as the “Grey List”.This comes after the February 2024 FATF Plenary adopted a report by the…
A person who kills someone is considered unworthy to inherit from that person.These were the findings of Pension Funds Adjudicator Muvhango Lukhaimane following a claim lodge against PSG Wealth Retirement Annuity Fund.The Bloody Hand Rule has been cited in a matter before the Pension Funds…
A recent Labour Court judgment may make employment more secure for people working past retirement age. It has the implication that, if you are working beyond a retirement age agreed on by you and your employer, your employer cannot then discriminate against you on the basis of age; it has to treat…
The beleaguered Road Accident Fund (RAF) could save around R3 billion a year by rejecting opportunistic loss of income claims from individuals who suffered only minor injuries in a motor vehicle accident.Research by actuary and damages expert Gregory Whittaker for the Actuarial Society of South…
By FedgroupA new financial year already? Time to consider that empty canvas upon which to paint your fiscal masterpieces. Five tips to get your finances back on track and help you reach your new financial year goals.Keep it realAh, the allure of lofty aspirations! But let’s not be swept away by the…
Profmed, a medical scheme, highlights the crossroads facing the health insurance market in 2024 as exemptions under the Medical Schemes Act are set to expire. This expiration raises significant concerns for thousands of South Africans regarding the sustainability of health insurance products and…
As consumers face tough economic circumstances, they become more and more price sensitive.As the retailer known for competitive pricing structures, Game is taking one giant leap by offering some great deals on essential products and home appliances the weekend happening 29 February to 3 March, in…
From tents and sleeping bags to innovative cooking tools and essential hiking gear, Loot’s extensive selection of outdoor equipment will get you ready to embrace the great outdoors with style!Keep warm in an Oztrail Leichhardt Camper Sleeping Bag (0°Celcius) – your go-to for a comfy night under the…
February, regarded as the ‘'Month of Love“, is not just about the quest for the perfect romantic partner but also the ideal time to seek an advisory match made in financial heaven.Old Mutual Personal Finance Certified Financial Planner Sean van Zyl says there are important factors to think about…
The South African Revenue Service (Sars) has slapped Sasfin Holdings with nearly R4.9 billion damages for allegations related to money laundering and bribery by former employees and clients of its banking business.The Sars’ claim relates to the expatriation of money going back to 2014, in which a…
In an ever-evolving digital landscape, FNB offers a range of ways to pay and get paid. Whether you're sending a token of love or settling up, FNB has mastered the art of the transaction and continues to lead the way in offering secure, customer-centric and user-friendly payment options tailored to…
The build-up to Finance Minister Enoch Godongwana’s budget speech on 21 February 2024 created significant hype across the country, but the contents left many with unmet expectations.This was the general sentiment at a panel discussion at the SAIPA Budget Connect gathering, aimed at unpacking the…
By: Tshepo MathatoWith the new year under way, everyone is predictably making money resolutions with the hope that they will see them through.According to the 2023 Household Financial Wellness Index by Momentum and Unisa, many South Africans sadly overestimate their levels of financial literacy.In…
By Ancel DraaiNavigating payroll taxes can feel like charting uncharted territory, even for the most diligent earners. To dispel some commonly held misconceptions, let’s delve into six prevalent payroll tax myths in South Africa.Myth 1: Salary versus Overtime/Commission: A Tax Showdown?Contrary to…
Pieter AlbertynTimes are tough. We hear it from our clients, and just a glance over the economic pages of any publication shows how many South Africans are battling to make ends meet.A publication reported on October 7, 2023 that 4.3 million risk policies lapsed in the first six months of last year…
The table on this page is one the government doesn't want you to see. It’s an embarrassment.The table is included in the annual Budget Review document, which is released on the day of the Finance Minister’s Budget Speech.The National Treasury is obliged to publish the statistics, but I’m sure it…