Planning Topics
South Africa's Unemployment Rate Declines, Youth Unemployment Remains HighThe latest labour force data reveals that South Africa’s unemployment rate has declined to 31.9% in Q4 2024, a 0.2 percentage point drop. Commentators say that while the creation of 132,000 jobs during this period indicates…
South Africans will be keeping a close eye on Minister of Finance, Enoch Godongwana’s Budget Speech on Wednesday with a keen interest on tax adjustments in the country. Tax adjustments will impact businesses and consumers alike and citizens always pay close attention to the popular ‘Sin Taxes’.…
With the 2025 National Budget looming, corporate leaders hoping for greater clarity on the next phase of retirement reform are likely to be disappointed, says Michelle Acton, chief customer officer at Old Mutual.His statements come ahead of the 2025 National Budget, which will be tabled this week.“…
Klein Constantia announced that, for the fourth consecutive year, we have secured our place in the prestigious top 50 of the World’s Best Vineyards. “This recognition solidifies our commitment to creating extraordinary visitor experiences that resonate far beyond our estate, combining the beauty of…
By: Gerhardt MeyerRetirement planning should be at the forefront of all South Africans' minds. However, retiring comfortably is no easy feat for most of our country’s working population. Interestingly, statistics have shown that very few South Africans (as little as six percent) can…
For 340 years, Klein Constantia has been a benchmark of South African winemaking, defined by heritage, innovation, and resilience. Since 1685, the estate played a pivotal role in shaping the country’s viticultural legacy, from producing the iconic Vin de Constance enjoyed by European royalty to…
By: Christine WuAfrican innovation has always been born of necessity, resilience, and boundless creativity. Over decades, a confluence of geopolitical challenges and economic constraints has shaped a unique approach to problem-solving on the continent—one that thrives not despite these limitations…
Citadel Investment Services, the asset management division of the Citadel financial services group, has overcome stiff competition in South Africa’s investment industry to win the coveted South African Manager of the Year trophy at the annual Raging Bull Awards gala dinner, held at the Cape Town…
On 17 February 2025, Citadel was honoured as South African Manager of the Year at the 2025 Raging Bull Awards. This prestigious accolade is a testament to Citadel's unwavering commitment to its clients and excellence in the financial services and investment industry. The Raging Bull Awards,…
CERTIFICATES: FOR STRAIGHT PERFORMANCEOVER THREE YEARS TO 31 DECEMBER, 2024Best SA Equity General FundFairtree Select Equity Prescient FundBest SA Equity Small and Medium Cap FundCoronation Smaller Companies FundSA Multi-Asset High Equity FundGranate BCI Balanced FundBest SA Multi-Asset Medium…
By: Capital Legacy There is a drive underway to encourage a new way of thinking about money. It has surprisingly little to do with income and expenses, traditionally the two key considerations. Instead, this approach puts the legacy we can leave for our loved ones at the heart of every financial…
South Africa’s top-performing funds and asset managers will be recognised at a prestigious gala dinner at the Cape Town International Convention Centre on Monday, 17 February 2025. The highly anticipated event will culminate in the announcement of the South African Manager of the Year award, with…
By: Christo de WitFebruary is the month of love, but this does not mean that romance scammers stop scamming for Valentine’s Day. They pretend to love you, but they only love your money, and they want lots of it.No matter how you plan to spend Valentine’s Day, it’s important to recognise the warning…
By: Benedict JohnsonOngoing issues around the current student accommodation shortage look set to undermine students’ well-being and academic success into 2025. With safety concerns mounting at several institutions, the situation has reached a critical point. As such, it is receiving critical…
As the new year begins, it is the ideal time to review your financial affairs and make sure your life insurance policies have the correct beneficiary nominations, according to the National Financial Ombud Scheme South Africa (NFO).The NFO says properly nominating beneficiaries ensures that the…
Numbers are important. Numbers play an important role in day-to-day life in every situation we face. Almost all the things we do every day involve numbers and Mathematics. There are many numbers directly or indirectly correlated to our lives. Whether we recognise it or not, our lives spin in…
If you ask an investment expert to define investment risk, he or she is likely to say: “The probability of your investment not performing as expected”. To me, that is a bit lame. If an investment performs slightly lower than the average return of investments in the same category, I won’t be too…
By: Nicola MawsonRecently, the Directorate for Priority Crime Investigation, better known as the Hawks, joined forces with other intelligence agencies to bust someone who was illicitly using four SIM card manufacturing machines to make thousands of SIMs across various mobile network operators.That…
Mr Price Foundation and Zapper join forces to tackle youth unemploymentIn a bold new partnership, Mr Price Foundation and Zapper have teamed up to address South Africa’s youth unemployment crisis. By leveraging Zapper’s digital payment technology, the collaboration aims to raise awareness and drive…
By: Alex Odendaal With only 2 weeks to go before the end of the 2024/2025 tax year, there is a window of opportunity for taxpayers who have not yet maximised their tax-deductible retirement fund contributions to set up an RA. If you’re a first-time RA investor, here’s what to know about these…