Beplanning onderwerpe
By: Nicola MawsonAn issue over a trust set up to protect rhinos and provide them with a safe space has ended up in the Supreme Court of Appeal (SCA) after one of the trustees allegedly cut out the other two, misappropriated funds, and treated staff on the farm badly.In Bela Bela, there is a farm…
By: Geoff Baars and Siphamandla ButheleziThe two-pot retirement system, designed to balance immediate financial needs with long-term retirement savings goals, has sparked unprecedented engagement among retirement fund members.The first month has probably seen a total of R10 billion in claims across…
How can I align my investments with my risk tolerance, time horizon, and financial goals to effectively grow my wealth? Jac De Wet, Wealth Manager at PSG Wealth, Somerset WestAn appropriate answer would demand a detailed assessment of your personal and financial circumstances. However, there are…
“Seeing is believing” is one of the most uncontested idioms in the English language. Court cases are waged based on the power of eyewitness testimony. Meanwhile, sophisticated technologies are being designed specifically to trick our eyes. There is an ever-widening gap between our perception…
FSCA Warns Public Against Unauthorised Financial Services by DonafinThe FSCA has warned the public against doing financial services-related business with Donafin (Pty) Ltd (Donafin) and its representatives Sean Westcott (Mr Westcott) and Leon Lincoln (Mr Lincoln).The FSCA said it had…
By Albert BothaPoliticians everywhere are famously good at making promises - or making statements that sound suspiciously like commitments. Yet, when it comes to budget time, the public gets to see where the focus truly lies. This is because budgets are about more than money; they are a statement…
South Africa’s annual consumer price inflation has eased for the fourth consecutive month, reaching 3.8% in September, down from 4.4% in the previous month. This reduction marks the lowest inflation rate recorded since March 2021, primarily driven by falling fuel prices, according to the…
Following our announcement yesterday regarding the formal withdrawal of Independent Media (Pty) Ltd and Independent Online (IOL), from the Press Council of South Africa (PCSA), we note the Council's misleading claim of "expulsion." Let it be absolutely clear: Independent Media and IOL chose to…
Following our announcement yesterday regarding the formal withdrawal of Independent Media (Pty) Ltd and Independent Online (IOL), from the Press Council of South Africa (PCSA), we note the Council's misleading claim of "expulsion." Let it be absolutely clear: Independent Media and IOL chose to…
Vehicle theft, hijacking, and car break-ins statistics are still high in South Africa. According to the latest SAPS quarterly crime statistics, sedans, hatchbacks, and coupes are the most hijacked vehicles. Car thieves are becoming increasingly sophisticated. Taking advantage of the…
Old Mutual has paid over 200 000 claims totalling R2.3 billion since the launch of the Two-Pot Retirement System on September 1, 2024. The total number of claims received is currently 226 000 and on daily bases Old Mutual receives an average of about 3 200 claims via the Old Mutual channel on…
It’s often said that the luxury market sets the trends that the broader market will follow. High-net-worth individuals are typically the first to adopt cutting-edge designs and innovative technologies in their homes, serving as early adopters of what will eventually become more widely accessible.…
Exchange-traded fund (ETF) specialist asset manager Satrix has launched the Satrix MSCI World Islamic Feeder ETF, South Africa’s first Shariah-compliant ETF with global exposure.Listed on the JSE, the fund tracks the MSCI World Islamic Index, which measures the performance of large- and mid-cap…
By Sanisha PackirisamyThe establishment of the Government of National Unity (GNU) has created a framework for enhanced political stability, fiscal responsibility and renewed optimism regarding economic reforms in South Africa (SA). Since the last economic forecast update by National Treasury in…
By: Lerato LamolaAs of June 2024, the Financial Sector Conduct Authority (FSCA) has issued 138 crypto asset service provider (CASP) licences. With the rolling out of licences, the discussion around the crypto industry moves from whether crypto assets should be regulated, to more detailed topics…
While Rome wasn’t built in a day, a decision towards smarter credit habits may help us imagine a future where credit is our friend. Ayanda Ndimande, Strategic Business Development for Retail Credit at Sanlam, says the good news is that the help we need to get there is not just available, it’s also…
In a stark revelation regarding the financial wellness of South African workers, an analysis by Standard Bank indicates that nearly half of salary earners are left with less than R1,000 in their accounts or face negative balances come payday.This study scrutinised the financial status of over 402,…
By: Hannah Myburgh From tax advantages and disciplined savings to investment growth potential, retirement annuities can be effective for housing one’s retirement funds. There are, however, complexities to be navigated when investing through a retirement annuity. Here are 8 things to know about…
By: Linda KleynscheldtThe road to September 1, 2024 – the implementation date of the new two-pot retirement system regulation – has been long and winding. But we have finally arrived at the point where the proposals, discussions, and all the pot analogies and memes have ended, and the system has…
By: Robyn LaubscherBenjamin Franklin’s famous quote about planning says, “If you fail to plan, you are planning to fail.” This quote couldn’t be more appropriate than about financial planning.What does financial planning entail?Financial planning is the process of creating a roadmap to achieve your…