Beplanning onderwerpe
By: Willem OberholzerIN TODAY’S increasingly globalised economy, South African businesses and high net-worth individuals must consider diversifying their investment portfolios through foreign investments. This strategic move not only offers protection against local market volatility but also…
Author Wendy Selebi shares crucial financial insights in her new book titled “I wish someone had told me”, which illuminates the importance of understanding your money beliefs and behaviours.Armed with this knowledge, Selebi states that the book teaches financial success by defining vision, purpose…
ACCORDING to Statistics South Africa data this week, the total number of liquidations decreased by 17.2% in May compared to a year ago. Voluntary liquidations decreased by 20 cases and compulsory liquidations decreased by six cases during this period.The number of liquidations decreased by 9.3% in…
By: Jerry Chetty Identity theft is on the increase due to it’s growing sophistication. Fraudsters are now able to create synthetic identities by combining genuine personal information with fake or false information. Advancements in technology and increasing data breaches have also played a role in…
By: Lambert RobertsSars will be issuing auto-assessments to taxpayers with straightforward tax affairs. This initiative is designed to simplify the tax season and boost overall tax compliance in South Africa. However, it’s essential for taxpayers to handle the process correctly to avoid any…
According to Bidvest Life’s 2022 Claims Report1, mental illness, which is affecting a growing number of men, was the third-most common reason for claiming on income protection. Cancer was the most common reason for claiming under critical illness, and the fourth most common reason for claiming on…
On May 30th, the South African Reserve Bank (SARB) announced its decision to keep interest rates at 8.25%. Subsequently, banks and other financial service providers will hold their prime lending rate at present levels and will review after the next SARB’s Monetary Policy Committee (MPC) meeting in…
If you’re itching for the chance to make those long-awaited alterations to your space or upgrade your home without a hefty price tag, taking the DIY approach may be your best way to consider. But while DIY projects may save you money, being inexperienced or unqualified to perform certain…
John ManyikeAs South Africa eagerly anticipates the launch of the Two-Pot Retirement System on September 1, 2024, there's a pressing need to dispel the myths surrounding the new approach to retirement planning.Only 6% of the country's population is on track to retire comfortably, according to the…
By: Tax Consulting SAThe approval of the controversial National Health Insurance (NHI) Bill has sparked significant concern across various segments of the population. Medical professionals are apprehensive about potential mandates to work for the government, families with at-risk members fear for…
Lindelwa SkenjanaCURRENTLY, 76% of South Africans struggle to make their money stretch to month-end and, on average, 65% of people’s salaries are used to service debt. In this high-inflation environment, making tough financial decisions is unavoidable, and Asisa reported a concerning lapse in risk…
Artificial intelligence (AI) has brought transformative changes to various industries, including banking and financial services. “While the use of AI in banking is not new, its adoption has expanded in recent years, particularly in areas like fraud protection, prevention, and improving the customer…
By: Jashwin BaijooSars has been honing its “automatic exchange of information” process with various countries and financial institutions, and it seems Crypto Asset Exchanges have now joined the party!Though not entirely unprecedented or unexpected, to crypto asset traders or investors, this…
By: Brian HarrisMedical aid is essential for accessing private health care in South Africa, but increasingly, members are exposed to medical expense shortfalls, as well as co-payments and sub-limits, which can reach tens of thousands of rand per claim and add up to hundreds of thousands of rand…
MTN Business secures three-year transversal contract with National TreasuryMTN Business has announced that it has secured a three-year RT29 transversal contract with the National Treasury to enhance and implement smart electricity and water technology in 257 municipalities across the country.…
More than R2.5 trillion in outstanding personal debt owed by South Africans can be released to the local economy, according to the National Debt Counsellors’ Association (NDCA).According to the organisation, which represents some of the debt counsellors operating in South Africa, around R70-R100…
Last week I introduced you to the world of discretionary fund managers, known throughout the financial services industry simply as DFMs (“DFMs: what are they and how do they benefit you?”, Personal Finance, June 15). DFMs service independent financial advisers by managing their clients’ investment…
By: Richard HallerIn the face of unstable local markets, South African parents wanting to provide their children with a strong financial legacy, are taking their investments offshore. Why is offshore property a better option if you are considering your children’s inheritance or future?If you want…
Nicola MawsonI was scammed simply because I bought into the panic my daughter was going through and ignored warning signs. And it cost me, and that cash is gone.My daughter, as is probably typical of teenagers, is big into gaming and uses a platform called Steam. I’ve lost track of which games she…
Telkom stated in its latest annual report release, that mobile subscribers grew by 11.9% to 20.4 million, and mobile broadband subscribers grew by 9.5% to 12.7m. Taking into consideration that the total population of South Africa is sixty million, one can exclude the portion of the population that…