Beplanning onderwerpe
Irish whiskey, known for its easy-drinking profile, sees higher sales growth among female shoppers, according to Bridget Dore, head of customer insights at Pick n Pay.Dore said interestingly, single malts, often considered an acquired taste, also show significant growth among women.According to…
By Shaun MeintjesWith the National Health Insurance (NHI) Bill having been signed by the president, South Africans are more confused than ever before. While most have some level of understanding of what the NHI is, the vast majority are still not clear on what the Bill entails. What does it say?…
Tribunal conditionally approves proposed merger between GEPF and Concor HoldingsTHE Tribunal has announced that it has conditionally approved the proposed merger wherein the Government Employees Pension Fund (GEPF) intends to acquire shares in Concor Holdings (Concor Holdings) from Southern Palace…
By William LouwUNTIL recently, the South African Revenue Service (Sars) allowed a tax practitioner to update the identification and eFiling security details of a taxpayer in exceptional circumstances. However, this has now been blocked by Sars. In the past, Sars would let a tax practitioner set up…
The Congress of South African Trade Unions (Cosatu) is celebrating Parliament’s “historic passage of the Pension Funds Amendment (PFA) Bill, one of two progressive amendment bills that will enable the long-sought Two Pot Pension Reforms to take place on September 1, 2024.”According to Parliament,…
By: Nicola MawsonA PENSIONER, defrauded of almost R1 million, is set to take the matter further in court, seeking to recover the money in a case of a very sophisticated swindle.Dirkie Cornelia Wessels, a 67-year-old pensioner, was scammed by fraudsters who got control over her bank account and…
In a bid to increase financial literacy among the youth, the Sanlam Foundation and WaFunda have partnered to provide 20 000 young people with free access to Blackbullion South Africa; a youth-focused digital financial education platform.According to Sanlam, in a nation where…
NATIONAL Health Insurance (NHI) “will be a systemic shock to the medical system” when it becomes a reality, Insight Actuaries & Consultants joint CEO Barry Childs has warned.Childs was talking at the Nedbank Healthcare Conference yesterday, which was held at an opportune time as the country…
According to the Road Traffic Management Corporation, there are as many as 800 000 road accidents in South Africa every year. Despite this staggering statistic, the South African Insurance Association reports that as much as 65% of South African motorists are not insured. Covering the cost of…
JUST SA’s weekly jargon buster aims to give simple, plain English explanations for typical words and phrases used in the financial industry, in particular, words relating to guaranteed life annuities and living annuities. This week, we look at the letter: TTerm CertainA term certain annuity is an…
CONSUMERS buying expensive and luxury goods, such as a car, valuable artwork or expensive piece of jewellery, can no longer walk out of the shop with their new acquisition after doing a five-minute transaction. High-end purchases now involve similar paperwork to opening a bank account or buying a…
By Karen LumakisDigital systems may be becoming ever faster and more efficient but not any safer, it seems. For every security improvement brought about by digitalisation – the phasing out of cash, for example – various new forms of thievery evolve, such as data hijacking and phishing. It could, in…
With Sars (South African Revenue Services) intensifying its compliance scrutiny, whether intentional or unintentional, failing to adhere to tax laws carries severe consequences. While many taxpayers have previously expected minor repercussions such as fines and interest charged, a revised…
Africanbank, a pioneer in the financial sector renowned for its commitment to African excellence, is stepping into a new era of growth and innovation. On the 13th of May the bank unveiled its revamped logo and an empowering new campaign message, "Africanbank backs you".The refresh of Africanbank's…
Africanbank, a pioneer in the financial sector renowned for its commitment to African excellence, is stepping into a new era of growth and innovation. On the 13th of May the bank unveiled its revamped logo and an empowering new campaign message, "Africanbank backs you".The refresh of Africanbank's…
By: Philip RobothamWhile higher interest rates may have weighed on valuations in the past couple of years, global investors should not forget that listed property exposed to major growth themes may provide an attractive combination of capital returns and real income.Property investors can often…
By: Stacy RouchosWhile it is ideal to have a valid will as a solid plan on how your loved ones will be taken care of once you are gone, many people die without a valid will or any sort of provision for the welfare of their dependants. According to a report based on statistics obtained in 2022 from…
By Siyakha MasiyeOne of the most important points that you will negotiate with your insurer when purchasing insurance cover is the excess amount. An excess amount on an insurance policy is the upfront contribution the client agrees to pay out of pocket before the insurer steps in to cover the rest…
With elections around the corner, many may feel tense as the nation waits to see what’s next. In an environment of uncertainty, behavioural biases can creep in, with the temptation to make ‘knee-jerk’ investment decisions in reaction to the current climate and perceived market swings. Kingsley…
Life throws financial curveballs, and sometimes a short-term loan can be a lifesaver. But before you jump in, it's crucial to carefully consider why you need the money and, more importantly, how you'll repay it.As Niresh Gopichand, Atlas Finance Risk Director, advises: "In today's economic climate…