Beplanning onderwerpe
Whether you're nearing retirement or in retirement already, you may be thinking about your lifestyle choices right now as the cost of living continues to rise.The truth is that you need to be prepared to ask yourself challenging questions about your post-retirement income and portfolio growth to…
While Virgin Active’s main shareholder Brait prepares the multinational gym group for listing, a small South Africa gym owner’s complaint at the Competition Commission may negatively impact the overall market valuation of South Africa’s biggest gym.Body Action Gym’s complaint of anti-competitive…
Discovery medical aid, said yesterday that Body Action gym had chosen to “self-refer” a complaint it had against rival gym group’s Virgin Active and Planet Fitness, after the Competition Commission found its complaint to be without merit in April this year.Discovery, through its Discovery Vitality…
ON FRIDAY, News24 published a piece concerning the current Section 189 process happening at Independent Media.It is commendable that our media colleagues are sharing a story that reflects how the media landscape as a whole has been decimated by the advent of digital, fast-tracked by Covid-19, as…
ON FRIDAY, News24 published a piece concerning the current Section 189 process happening at Independent Media.It is commendable that our media colleagues are sharing a story that reflects how the media landscape as a whole has been decimated by the advent of digital, fast-tracked by Covid-19, as…
Working from home with high levels of load shedding can be rather stressful and, over time, can have a big impact on your finances. As we emerge from years of unprecedented change and growth, it's clear that work as we know it has been forever transformed. Remote work has proven to be…
We are mourning the loss of our father, husband and grandfather, Bankole “Kole” Omotoso, who passed away after a long period of illness in Johannesburg on July 19, 2023.Born in Akure, Nigeria, in 1943, he attended King’s College in Lagos. He then graduated from the University of Ibadan in 1969. He…
Before submitting your ITR12, check your tax return against this list of common errors and save yourself the time and hassle of setting things right.Many individuals wrongly believe that an IRP5 tax certificate is the only supporting document they need when completing the ITR12 for individual tax…
There have been some good books published in the last few years on the subject of retirement: saving for retirement in your working years and then living off your savings once you’ve stopped working. Last week’s review, The comprehensive Ultimate Guide to Retirement in South Africa, by Bruce…
A wide range of indicators informs municipal financial health. In 2014, National Treasury published a uniform set of financial norms and ratios for local government. Statistics South Africa recently published data that can be used to inform these norms. In the examples below, we explore how…
The Financial Sector Conduct Authority (FSCA) recently conducted presentations and released a draft position paper on open finance, inviting input from the financial services industry and the public. It spells out the benefits, but also the dangers, to consumers of broadening data-sharing networks…
South African households are worse off financially than during the first quarter of 2020, according to the latest Altron FinTech Household Resilience Index (AFHRI) released yesterday.The results indicated that during the first quarter of this year household financial resilience declined by 2.4%,…
By Virusha Subban and Kamogelo MashigoThe Minister of Finance, Enoch Godongwana, announced in his 2023–2024 budget speech that the Health Promotion Levy (HPL) on sugary beverages was to be extended to pure juice. The South African government will soon publish a discussion paper on the levy to aid…
Given the recent introduction of rather onerous measures applicable to trustees, many are desirous to immediately resign in an attempt to avoid any liability, especially given fines introduced for the first time in the Trust Property Control Act (the Act) of up to R 10 million and/or 5 years…
By Johan Jonck In order to broaden employee access to financial services and products, many employers allow service providers to deduct instalments and premiums directly from employee salaries. What most employers have failed to do, was to introduce measures to limit such deductions. The result is…
Shell South Africa, through its Supplier Development Program supported a former employee to establish a lubricant’s distribution warehouse – Alkebulan Logistics.Through this project, a former Shell employee Morgan Naidoo can shorten the distribution lead time for customers in the Western Cape.The…
For the upcoming Rugby World Cup, Takealot.com and Samsung are once again calling on South Africans to proudly #BackTheBucks all the way to the final and score a free Samsung TV.In 2019, South Africa’s leading online store Takealot and - Samsung came together to #BackTheBucks, promising all…
In the current economy, many South Africans are struggling to make ends meet. If you’re reviewing your expenses, why not take a look at your insurance costs? There are some ways that you might be able to reduce your premiums without reducing the quality of your insurance cover. In today’s digital…
The anticipated draft amendments to legislation that will implement the first phase of the two-component retirement system have been published for comment and Joon Chong, Nicolette van Vuuren and Lonwabo Mabona unpack the details. National Treasury published the draft Revenue Laws Amendment Bill…
According to Statistics South Africa, in 2021 the Department of Home Affairs registered 106 499 civil marriages, 2 676 customary marriages and 2 240 civil unions. During the same year, the department registered 18 208 divorces. An issue that sometimes enjoys little attention is the division of…