Beplanning onderwerpe
South Africa's asset management industry has been undergoing steady transformation since the onset of the Covid-19 pandemic, with mergers and acquisitions (M&A) playing a central role in shaping its future. While the initial surge in M&A activity peaked during the pandemic, this trend hasn’…
Is tapping into your retirement savings to settle today’s debts worth risking your financial future? While the two-pot system offers immediate relief, some may argue that it could drive consumers towards a cycle of credit dependency that would leave them unprepared for retirement, …
Investing offshore has long been a strategy of choice for high-net-worth individuals seeking to diversify their portfolios, capitalise on favourable tax treatments, and leverage unique estate planning options. For South African investors, one such offshore investment vehicle, known as a ‘loop…
While criminals often see insurance as a highly lucrative target, cases involving premeditated murder to benefit from an insurance payout are not that common, according to Jean van Niekerk, convenor of the Association for Savings and Investment South Africa (Asisa) Forensic Standing Committee.He…
By: René BothaFor South African business owners, particularly those in sectors hard hit by fluctuating demand, maintaining a healthy cash flow can be difficult. Yet with rising operating costs and tighter access to credit, effectively tracking cash flow has become key to keeping…
When Donald Trump clinched victory in the 2024 U.S. presidential election, the immediate shockwaves were felt not only across America but around the globe. As global markets scrambled to respond, one of the first signs of economic turbulence was a sharp drop in the South African rand. By midday…
By: Hannah MyburghBesides ensuring that your will is written in clear and concise language, here are some steps to ensure that your will achieves its intended purposes and can withstand legal scrutiny:Draft your own will: Be sure that the person who writes or types out your will does not stand to…
When you are young, you are strong, later in life your strength will diminish, and your opportunities will fade away. It is insane for a strong and resilient you to borrow from the frail and weakened you of the future. Any prudent person would do the opposite. Debt in your younger days is…
One reason many people shy away from financial issues is because they are typically bombarded with legal and financial terms with which they are unfamiliar.In insurance, the more you understand the concepts and the terms used, the less likely you are to lose money, either through paying too much or…
By: Nicola MawsonWhile consumers are set to spend more over Black November – which is what Black Friday and Cyber Monday seem to have become – they will be focusing more on items such as food and clothing, which isn’t surprising given the economic environment.In fact, consumers are jumping into…
CGCSA Launches App to Help Consumers Verify Product AuthenticityThe Consumer Goods Council of South Africa (CGCSA) is set to develop a new app aimed at helping consumers verify the authenticity of products purchased in-store, online, or at informal markets. The initiative comes in response to…
By Joannie Maass Hedge funds have become an important tool for retirement funds looking to secure their members’ long-term goals while managing risk. As traditional investments face challenges from global economic changes and high volatility, hedge funds offer a unique way for retirement funds to…
If you father a child, you are legally bound to support that child financially, and if you default on your maintenance obligations you are liable to be blacklisted by credit bureaus, restricting your access to credit. This is on top of facing criminal charges, if the mother of the child lays such…
South Africa’s tax system witnessed an astoundingly high amount of value-added tax (VAT) refunds in the 2023/24 financial year, amounting to R342.9 billion – a notable increase of 7.5% from the previous year. This impressive figure, however, has come under scrutiny as it was R7.9bn short of…
If it seems like no matter how much money you make, you feel financially insecure, or no matter how stretched you are, you still spend impulsively, then you may be experiencing money dysmorphia. René Basson, Head of Brand at Satrix, says, “This is an internet term, not a clinical one, but…
You’ve heard of the seven deadly sins – sloth, greed, wrath, lust, envy, gluttony, and pride – but did you know that if you’re an entrepreneur or a small business owner, these very same vices can hinder you when it comes to growing your businesses?Tshego Bokaba, who…
South Africans are enduring the effects of a sustained period of rising costs and increased debt payments which in turn have put them under severe financial pressure, for many homeowners, this pressure has seen them being unable to keep up with their monthly home loan…
South Africa stands on the cusp of a ratings upgrade should the Government of National Unity (GNU) deliver on higher gross domestic product (GDP) growth, said the Bank of America (BofA) on Tuesday.The country is currently rated below the investment grade with a stable outlook by all three major…
By Fikile MbhokotaHave they heard of smart girl math? While “girl math” poked fun at how women ‘justify’ their spending, smart girl math celebrates women’s smart money – and investment – management. It originally referred to how women increasingly invest…
HONOR, a global technology leader, proudly announces its strategic media partners and distinguished line-up of speakers for the Africa Tech Festival 2024, marking its debut as a Gold Sponsor. Fred Zhou, CEO, HONOR South AfricaHONOR is partnering with renowned media outlets CNBC Africa and Cape…