Beplanning onderwerpe
From level 6 weather warnings to El Niño occurrences, severe weather has become a recurring feature of our time. Experts and commentators have attributed the root cause of the troubling trend to the pervasive impacts of global warming and climate change.Old Mutual financial education head John…
The Joint Provisional Trustees (JPTs) Sumaya Mohamed Ali and Gert de Wet of BHI Trust, in provisional sequestration, announced they have received consent from the Master of the High Court to appoint legal and forensic experts to protect, preserve and proceed with the recovery of missing funds from…
South Africa has a rich and diverse social economy that has thrived for decades. It includes NGOs, Hospices, creches, religious organisations and other civil societies and community-based organisations.These organisations play a highly active and important part in augmenting the role of government…
By: Nombasa Mawela South African property buyers are cashing in on the Dubai property boom. During a recent whirlwind visit to Durban, Seeff’s Dubai Office secured several sales and notable interest from South African property investors over the two-day visit.I was overwhelmed by the interest shown…
By Damian ViviersCybercrime has become a global pandemic, with South Africa leading the charge in terms of countries that have become a hot spot for cybercrime, earning us the dubious honour of being labelled the cybercrime capital of Africa. In this article, we touch on some of the issues and…
While interest rate hikes hit consumers where it hurts the most – their wallets – they are specifically enacted to stabilise and thus protect the economy, says Sonja Steyn, the head of Wealth Management Strategy at Consult by Momentum.Steyn’s comments come at the back of the Medium Term Budget…
Cryptocurrency backers on Friday celebrated the fraud conviction of the industry's one-time golden boy Sam Bankman-Fried, hoping the embattled sector can finally turn the page on a multibillion dollar scandal.The "verdict should hopefully mark the end of a dark era in our industry," said Yat Siu,…
By Corrie KrugerSince the advent of the digital age, digitisation and digitalisation have been buzzwords. Lately, digital transformation has also become a popular phrase in business and technology circles. Digitisation is the process of converting analog information to digital format.Is the…
We are thrilled to announce that Dieketseng Maleke is taking the reins as our new Personal Finance Content Editor, succeeding Ruan Jooste. With over a decade of experience in the journalism industry, Dieketseng is a seasoned multimedia journalist, editor, and storyteller.Throughout her career,…
Minister of Finance Enoch Godongwana said this week that personal income tax collections were marginally better than expected due to near‐term gains.In his Medium Term Budget Policy Statement (MTBPS), Godongwana said personal income tax was expected to surpass the budget forecast of R640.3bn by R6…
An amount of R4 785 164.96 has been found in the BHI Trust’s Nedbank account, according to a statement issued by Cawood Attorneys, the firm that applied for the trust’s sequestration.There are allegations that about R3 billion was supposedly taken from clients.In a statement, Cawood Attorneys said…
Despite the mixed reactions regarding the proposed two-pot system, which would permit members of retirement schemes to access their pension funds before retirement, there might be a silver lining for hard-pressed South Africans as the National Treasury has set a definite date for the implementation…
By: Sean van ZylIn the thrilling aftermath of the Springboks’ recent one-point victory over New Zealand in the Rugby World Cup, an exciting connection emerges between the world of sports and personal finance.This win, achieved by the smallest of margins, reminds us that success often depends on…
By: Jeanette MaraisAre you thinking of buying a property? It is a big investment and needs careful consideration. Once the finance is approved for your dream home, you need to be able to keep it safe along with the belongings housed within it as well.If you do take the fiscal plunge and have taken…
By Craig NewbornThe end of the year is rushing closer, and with it a sense of urgency for consumers to plan their big-ticket expenses and festive season shopping smartly.Incurring hefty credit card costs for purchases over Black Friday and the festive season can leave consumers with unwanted debt…
Every so often, a major financial scandal hits the headlines. We’ve had Masterbond, Fidentia, Barry Tannenbaum, Mirror Trading International and VBS Bank locally, to name a few of the big ones. Overseas, Bernie Madoff and Sam Bankman-Fried’s FTX stand out.The latest one to emerge is the BHI Trust…
After South Africa’s greylisting in February 2023 by the Financial Action Task Force (FATF), and the introduction of more stringent measures for trusts by the South African Revenue Service (Sars), the extent of the lack of South African trust compliance became apparent. Trustees, trust service…
The South African JSE was negative for the third month in a row in line with global equity markets as seen by the FTSE/JSE Capped SWIX Index -2.9% month on month (m/m), according to Peter Little, a fund manager at Anchor Capital.This dragged the bourse further into negative territory for 2023, down…
The majority of Baby Boomers (people born in the years 1946 to 1964) have reached retirement age and, for a number of reasons, are generally not well prepared financially for retirement. Now, the next generation, Gen X (those born in 1965 through to 1980) is approaching retirement age and, recent…
Clientèle Limited has announced that after AIG South Africa’s decision to withdraw from the funeral cover market, it would offer existing AIG funeral policyholders an equivalent level of funeral cover at the same price point, with no new waiting periods.In a statement, Clientele said recognising…