Beplanning onderwerpe
The South African Reserve Bank (SARB) has justified its decision of implementing a restrictive monetary policy on trying to protect consumers against extremely high cost of living in the near future.The SARB yesterday published its 2022/23 Annual Report for the year ended March 31, 2023, offering a…
S&P Global Ratings (S&P) said yesterday that it has raised its national scale ratings on the hybrid debt instruments of Sanlam Life, which it had placed under criteria observation (UCO).In a statement, S&P said on June 8, 2023, S&P published revised criteria for determining national…
Johannesburg - The Unemployment Insurance Fund (UIF) has paid out R2.1 billion to 457 546 workers in the North West province as part of the Covid-19 Temporary Employer-Employee Relief Scheme (Covid-19 TERS) initiative.The UIF also paid out a separate amount of R601 million to 139 629 workers and…
Claude du PlessisCapital optimisation for the insurance sector has never been more important than now as industry players seek to hedge themselves against risks imposed by the prevailing local and global macroeconomic headwinds.Unlike the risk associated with debt or equity financing, South African…
By Angela Simpson and Lydia Shadrach-RazzinoMerger and acquisition (M&A) activity levels have been slower in South Africa and sub-Saharan Africa (SSA) over the past year, mostly due to the unreliable supply of electricity (which has been particularly challenging in South Africa), geopolitical…
The Prudential Authority (PA) has been monitoring the levels of exposures by the banks to South Africa’s sovereign debt, following a notable increase in the banking industry’s overall exposure and concentration to government securities in the period since 2020.CEO of the Prudential Authority…
There are only a few days left to place your bet before the 1st of July draw of El Gordo De Verano – Spain's huge summer lottery, sister to their famous Christmas lottery.Using the Lottoland SA platform, South Africans can bet on the outcome of what is known as the ‘biggest, fattest’ lottery draw…
While inflation subsided a little in the previous month as the consumer price index (CPI) data for May showed it had slowed to 6.3% from 6.8% in April, new data released shows which age groups are spending the most country. Maholla, a consumer rewards app, released data, which indicated that youth…
A couple of weeks ago I wrote about living annuities, with the message – supported by expert opinion – that living-annuity pensioners need to be able to cope with stock-market volatility if they are drawing more than 4% a year for an income. The argument was that only by being heavily invested in…
Creating wealth in the face of an economic downturn is a challenge, especially for young people who are still exploring ways to save, invest, and take the next step on their financial journeys. According to Liberty’s Investment team, you can always upgrade your financial situation, regardless of…
Samsung is driven by the idea that smartphone users should be able to do whatever they want with their mobile devices.That is why the S23 Series - the pinnacle of Samsung smartphones - comes packed with One UI 5.1, to give users greater control, creativity, personalisation and convenience from…
The National Treasury has come to the defence of local municipalities who have been accused of hiking property rates way above inflation and which had slowed the economies in five metropolitan areas.Last week, the South African Property Owners Association (Sapoa) said municipalities had been…
South African investors were recently introduced to a new type of investment, the actively managed exchange traded fund, or AMETF. Although these funds have existed for some time on overseas markets, recent changes in financial regulations now allow for them to be traded on the JSE.Traditional…
Emotion plays a large part in your choice of a first home and even subsequent ones, but make sure you understand the financial implications and the legal process even before you commit to an offer to purchase.1. Be preparedKnow your financial strengths and weaknesses before you decide to buy. And…
Phetola, a dynamic learning and development brand, today announced its launch with the goal of providing affordable and professional basic and advanced skills training to all South Africans.The company will offer a variety of learning and development solutions, including work readiness on boarding…
Pretoria - Chaos erupted yesterday as hundreds of attorneys queued at Sammy Marks Square in the Pretoria CBD, to take up the offer from the Road Accident Fund (RAF) to negotiate block settlements for accident victims.Several attorneys who did not want to be identified for fear of victimisation,…
MotiMoves, a free online entrepreneurship programme dedicated to empowering young entrepreneurs, is thrilled to announce its upcoming webinar on 27 June at 8pm, aimed at inspiring and supporting aspiring business leaders.Hosted by renowned entrepreneur and billionaire Zunaid Moti, the monthly…
When you have a beef with your retail bank, credit provider or insurance policy or have a grievance against SARS or your pension fund, and whether you are an individual or a business, think of calling the appropriate ombud to help you resolve the issue.An ombudsperson, ombudsman or ombudswoman, and…
South Africans are feeling the impact of continued load shedding and it extends far further than inconvenience and delays. It hits them, and South African insurers right in the wallet.According to insurer, Dialdirect, there has been an 80% increase in power surge claims in 2022/2023 when compared…
Dominic PreussSolar, solar, solar is the song in the air, my neighbours have got solar, two or three other houses down the road have solar and now my local shopping mall is thinking of solar too.If everyone is doing it, it must be good! But buyer beware for it all can go horribly wrong.With the…