Beplanning onderwerpe
By Willem OberholzerIn the realm of taxation, the burden of proof rests heavily on the taxpayer's shoulders. Every transaction, agreement, or valuation must be meticulously documented and presented when called upon by tax authorities. Yet, a common misconception persists regarding the sufficiency…
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: NNNon-profit annuityA non-profit annuity is…
Will cryptocurrencies become more integrated into South Africa’s mainstream investment landscape following tightened regulation by the Financial Sector Conduct Authority (FSCA) and its granting of financial services provider licences to crypto dealers?This issue is explored in the “State of Crypto…
As South Africa prepares for Workers' Day, the nation faces stark economic realities: despite average salary increases starting to align with the mean Consumer Price Index (CPI) for the first time since 2020, the real cost of living is escalating at an even faster pace. This situation is compelling…
By: Jashwin BaijooIn a world slowly being taken over by AI, the South African Revenue Service (Sars) has capitalised on this trend, enhancing their Audit capabilities to more than just a “quick count”, but rather proportions beyond anything previously thought possible!Imagine having historically…
With South Africa playing host to a few of the most iconic cycling races, including the world’s largest individually timed cycle race – the Cape Town Cycle Tour– the country has no shortage of avid two-wheeled adventurers. This growing passion for competitive cycling has been met in recent years,…
By Geo KilianRecent reports show that currently, the South African property market is booming and that buyers are showing interest from all corners of the globe. The northern suburbs of Johannesburg, and many Western Cape areas, such as Cape Town, the West Coast, and the Garden Route are…
In today's challenging economic climate, getting as much value as possible from banking has become a priority for most people. South Africans are increasingly turning to loyalty and rewards programmes to maximise their budgets and add real value to their lives. According to the Nedbank Consumer…
By Michael Denenga and Ashford NyatsumbaWater is the element that private equity (PE) and venture capital (VC) most closely resemble. When market conditions change, PE and VC investors naturally seek the paths of least resistance to protect and grow their capital.There are four observable new…
The Financial Sector Conduct Authority (FSCA) has released a list of 75 approved crypto asset service providers. This comes after the FSCA said that it had noted statements in the media by certain institutions indicating that they were the first or only institution currently licensed as crypto…
The South African Reserve Bank (SARB) has seized a substantial amount from the late Markus Jooste’s rumoured girlfriend’s bank accounts. In a general notice of a government gazette, issued by Fundi Tshazibana, the Deputy Governor of the Prudential Cluster of the SARB, the funds and property under…
Mike Brown, who departs as Nedbank’s CEO next month, saw his executive pay increase 6.3% to R46.42 million in total for the financial year to December 31, 2023 after all the bank’s announced targets were met during the year, the annual report showed.His guaranteed pay increased 5% to R10.41m, the…
Investors in offshore equities will be delighted with the performance of their investments in the first quarter of the year, but those in local equities not so much.The FTSE/JSE All Share Index (Alsi) went backwards over the three months, from about 76 900 points to about 74 500 points, a drop of 3…
Jason HiggsIT’S time to reimagine spring cleaning as more than just tidying up; it's your annual financial inventory. Decluttering offers a chance to reflect on the items you’ve purchased with your hard-earned money, assessing whether you genuinely need them, or whether they’re just taking up space…
By Attila KadikoyInvestors who have exited their business and are looking at what to do next are in the enviable position of having a lump sum to invest, and if they do so wisely, they could be set up for life.Making the most of a once-in-a-lifetime opportunity for many …
By: Wendy MyersChoosing an investment platform is an important and personal decision. It all depends on where you are in your investment journey, and consequently what is right for one investor won’t necessarily be right for another.We recommend that investors trade…
By: Jason MellowTHE prolonged effects of the economic downturn in South Africa have placed many small businesses under undue strain. The current cost-of-living crisis has cut into consumer spend and the dual effect of high inflation and rising interest rates has undermined the post-pandemic gains…
FNB Insure has paid out R700 million in pre-emptive life insurance to dateFNB Insure has announced that it has paid out over R700m in pre-emptive life insurance claims since inception.According to FNB, to date, it has proactively processed over 11 000 claims, with an average of R2m claims per month…
By: Siyakha MasiyeBECOMING a homeowner is arguably the most significant step towards building wealth and securing your financial future. As riveting as the experience can be, the next step to all things adulting can also be just as daunting. All things considered, after buying the actual home, the…
Henri Le GrangeSOUTH Africa’s move to implement the Two-Pot Retirement System in September this year places financial advisers at the forefront of significant regulatory changes. Amid a backdrop of escalating debt challenges and a rising cost of living, the reform promises to balance short-term…