Beplanning onderwerpe
By: Roné SwanepoelHow do you know if you’re saving enough? How much debt is too much? What’s a healthy consumption rate? These are some common questions we might ask ourselves when evaluating our financial habits. Answering these questions with a specific rand amount isn’t necessarily helpful…
By Paul Crosland and Jered ShorkendIn today’s increasingly globalised and internet-driven commercial landscape, the likelihood of legal proceedings crossing borders, and attracting the complexities of cross-border disputes, is higher than ever. It has become crucial for businesspeople and attorneys…
By: Mtho MaphumuloThe snowfall recently, which impacted much of KwaZulu-Natal and parts of the Free State, serves as yet another reminder of South Africa's increasingly unpredictable weather patterns. In 2023, Johannesburg also experienced a light snowfall, though it was far less severe than last…
WU PENGWe celebrated the 75th anniversary of the founding of the People’s Republic of China on Tuesday, and I want to express my sincere gratitude to friends from all communities who have long cared about and supported China’s development and China-South Africa relations.I also wish to extend…
With mounting evidence of a slowdown in the US and increasing financial market volatility, investors face a critical decision: chase the allure of high-flying AI stocks or opt for the stability of companies with predictable earnings.While the so-called AI-dominated "Magnificent 7" mega-cap stocks…
Rich, famous, #blessed. We tend to idolise celebrities, believing that their success makes them immune to life hardships and that their wealth and resources shield them from making money mistakes. “Our faves could neva“…but then they mess up.Tshego Bokaba, who oversees Consumer Financial Education…
By: Khantse RadebeAsset-based finance has emerged as one of the fastest-growing financial products in South Africa, reflecting a shift in how businesses and financial institutions are navigating the complexities of today’s economy. WesBank's asset-based finance division secured R22 billion in new…
By Keletso Mpisane‘My insurance premium is high because I drive a risky car,’ ‘My premium will go down once I am older than 25,’ ‘If my car was black or white, I would be paying less.’ These are just a few beliefs people hold about car insurance. While those sharing these myths may have good…
Nicola MawsonWith medical aids such as Discovery putting their premiums up across the board at a rate higher than the consumer price index, shopping around for a cheaper option might seem like a good idea.At Discovery, there will be a weighted average increase of 9.3% next year across all plans.…
By: Koketso NtsoaneYOU’LL be forgiven for thinking life’s immediate needs are the ones our wallets must prioritise. Rent, groceries, school fees, transport, and so on, have become financial staples in just about every household. So fixated are we on these costs, we tend to forget to take a step…
When renting a property, one of the biggest concerns for tenants is ensuring the return of their security deposit at the end of the lease. To avoid deductions and secure your full deposit, being proactive from the start is important.Adrian Goslett, Regional Director and CEO of RE/MAX of Southern…
By: Kent Davis and Anél De MeyerThe Financial Sector Regulation Act, 9 of 2017 (FSR Act) commenced on April 1, 2018, and overhauled the entire financial regulatory system in South Africa. In the six years since its enactment, the South African financial landscape has been besieged by high-profile…
By: Clyde ParsonsTaking care of a home and children is one of the most important jobs anyone could have. Despite home executives taking care of many duties, covering them should they suffer a serious illness or injury, or should they even pass away, is not something we consider when taking out life…
By: Clyde ParsonsSmall and medium enterprises (SMEs) are pivotal to South Africa’s economy, driving innovation, job creation, and economic growth. However, they are often vulnerable to financial and operational disruptions if the owner becomes disabled or passes away unexpectedly. The sudden loss…
Debt holders celebrated a small victory following the first interest rate cut in over two years. This will undoubtedly bring relief to many South African households, but it also brings a few possible opportunities to those who are disciplined enough to take full advantage of the cut.“The…
Have you ever had an insurance claim declined? I am sure it is one of the most frustrating occurrences. There are ways to prevent your claim from being spurned. According to the National Financial Ombud Scheme South Africa (NFO), one of the reasons insurance claims are rejected is because the…
Nicola MawsonEARLIER this month, Gauteng High Court, Johannesburg, Acting Judge WJ du Plessis made a painful decision over the customary law definition of marriage and how this affected where someone, who died without a will, would be buried.Dying intestate generally leaves a mess behind for loved…
THE eighth wonder of the world is compound interest (attributed to Albert Einstein). Lifelong learning falls in the same category and once it has become a habit it will change any individual’s life and finances for the better. Lifelong learning is important for an individual's competitiveness and…
My family has a long history of participating in cultural savings clubs like a stokvel, but I’m considering exploring other, more formal methods of saving. What steps should I take to transition effectively while ensuring my savings are secure and growing? Lorika Steyn, Wealth Adviser at PSG Wealth…
You might be blessed in having a trusted financial adviser or planner who ensures that you and your family have all the right elements in place for complete financial peace of mind. But whether you have an adviser or are managing your finances without one, you need a plan.This may be a…