Beplanning onderwerpe
The Financial Sector Conduct Authority (FSCA) has recently issued public warnings about dealing with the following operators: Alpatoken and Gugu Sbahle Mdabe It has come to the attention of the FSCA that Alpatoken and Mdabe are soliciting funds from the public for investment purposes while…
Unclaimed dividends in South Africa are currently standing at approximately R4.5 billion. These are dividends you may have forgotten about or may have belonged to parents as part of employee share schemes, for example, and have never been claimed after the death of the principal owner.Old Mutual…
The South African Post Office (Sapo) on Friday distanced itself from assisting Post Bank card holders and South African Social Security Agency (Sassa) beneficiaries with Gold or new Black card withdrawals, citing the lack of a service level agreement with Sassa and Post Bank, according to a press…
Modern life requires us to know how money works. We don’t need to be financial whizzes, but we need to know the essentials and, importantly, acquire the skills and modify our behaviours if we want to be financially independent and secure. It’s this blend of knowledge, skills and behaviour-modifying…
Gone are the days when finance and tech were seen as a boys’ club. Today, women are not just stepping into the world of crypto—they’re leading the charge. From demystifying blockchain to making digital finance more accessible, a new generation of women is shaping the future of Web3.At Binance, the…
Discovery Bank on Thursday rolled out a suite of artificial intelligence -powered tools and advanced security features to its clients that is set to rattle the banking landscape with its compelling innovative features.With over 2.5 million accounts, this relative banking newcomer, which debuted as…
By Nicola Mawson As the United Kingdom moves to align its tax regime affecting residents who are not domiciled there with similar systems the world over, experts are warning that this poses massive changes in the tax treatment of income and assets and its effects are wide reaching.The first…
In a victory for long suffering members of the Private Security Sector Provident Fund, the Gauteng High Court dismissed four applications by a security company for determinations issued against it by the Pension Funds Adjudicator (PFA) to be set aside.Mafoko Security Patrols sought an order…
By Kondi NkosiCurrent political circumstances and geopolitical events can always provide reasons for investors to think twice about diversifying globally. But is that thinking valid? A closer inspection reveals it may not be.Even before this year’s political news took shape, investors may have been…
By Alex OdendaalWhen starting a business, choosing the right legal structure is crucial to avoid administrative, financial, and legal complications as your business grows. Each business entity offers unique benefits and challenges, and selecting the right one depends on factors such as ownership,…
Tax shock rocks consumer confidenceThe FNB/BER Consumer Confidence Index plunged from -6 to -20 index points in the first quarter of 2025, likely triggered by the Finance Minister’s aborted proposal to hike VAT by two percentage points. Even though the Budget softened the VAT hike, it still places…
By Richard OldfieldTo start with, my cards are on the table: I run an investment business where we charge fees for the decisions we take with clients’ money. So you will not be surprised that I am a fervent believer in the value of active investment management.I also see value in “passive” or…
Research suggests that there may be long-term benefits for Gen Zs who are embracing “waithood” – staying at home for longer.Market trend analysis firm Flux Trends found that young people are delaying – or foregoing – traditional “adulthood” markers such as moving out and marriage. Instead, they are…
Millions of South Africans are at their wits’ end. For many, it’s starting to feel like financial freedom is an unattainable dream reserved only for the wealthy. Just when we thought we were handling the cost-of-living crisis, VAT goes up.What if making small, thoughtful choices today could empower…
By Ryno de KockThe announcement of an increase to VAT has left many South Africans wondering what the impact will be on their budgets. The 0.5 percentage point increase this year, followed by a similar increase next year, means that VAT will increase to 15.5% this year and 16.0% in 2026.While this…
In an evolving real estate landscape, South Africans and expatriates have turned their eyes toward property markets beyond their borders, with a notable surge in interest in nations like Dubai, Mauritius, and Zimbabwe. According to the Seeff Property Group, this trend reflects a blend of economic…
By Vickie LangeSince the start of the new tax year on March 1, Alexforbes has observed a second wave of interest from retirement fund members in checking their balances and submitting savings pot claims. Fund members may access their savings pots once every tax year, with over 400 000 having done…
By Sebastien AlexandersonIt was Human Rights Day last week and as South Africans reflect on their rights and freedoms, a critical issue facing millions is the scourge of debt abuse and predatory lending. With an eminent result of over 42% of the country’s 23 million credit-active consumers…
By Marius KempSouth Africa’s roads are some of the most congested globally. According to the 2024 INRIX Global Traffic Scorecard, which analyses transportation data and trends among 946 urban areas across the globe, residents in Cape Town lost a staggering 94 hours per year owing to traffic. This…
With the markets feeling the strain from global uncertainty, the South African Reserve Bank (Sarb) kept the repurchase rate (repo rate) unchanged. That means the repo rate remains at 7.5% and prime at 11%. Frank Blackmore, Lead Economist at KPMG South Africa, said, "Although the growth…