Planning Topics
Cape Town – The City of Cape Town’s Directorate for Water and Sanitation has announced that it has budgeted R55 million to expedite trench reinstatements following water infrastructure repairs over the next few months.According to the City Department, its undertaking of water pipe replacement and…
Welcome to tax year 1984. Okay, we’re not in the clutches of George Orwell’s totalitarian, brainwashed society just yet. But, for South African taxpayers, his novel’s depiction of mass surveillance by the state is approaching like a speeding bullet.“Sars isn’t just using AI to become more automated…
By Richard HallerAs a cross-border jurisdiction, Mauritius has proved its worth over the past 10 years with an attractive and well-established residency-by-investment programme underpinned by a hard currency property investment, a compelling tax regime and ever improving infrastructure for those…
Nicola MawsonInsurance fraud is all too prevalent, from overstating a claim to a whole fabrication of a loss. There are some things you just cannot make up. Like a case when a man burnt down his house after being served with eviction papers by the sheriff of the court. Straight after the sheriff…
Shoprite, Checkers and Usave said it has ensured continued access to Money Transfer services to Lesotho and Eswatini amid the new EFT regulationsThe retail giant said that its customers can continue to send money to Lesotho and Eswatini from all Shoprite, Checkers and Usave stores nationwide, even…
By Steven HurwitzThis week has seen an interesting shift in how stock prices are reacting. Instead of broad market swings driven by political factors like the Government of National Unity (GNU), stocks are now moving based on company-specific earnings releases.From July to August, there was little…
While education is universally recognised as a key driver of economic and social progress, local education spend – and specifically consumer investment – in this space is a good indicator of the health and growth potential of the sector. It also sheds light on spending priorities and hard choices.…
By: Nazeer HoosenInjuries and fatalities from motor vehicle accidents on South African roads are a national crisis. According to a 2023 State of Road Safety in South Africa report by the Road Traffic Management Corporation (RTMC), there were 11 883 road user fatalities in 2023. Causes of these…
The rollout of the Two-pot retirement system has led to a surge in activity for Sanlam Corporate, which received over 20 000 savings component claims via its portal and app in just the first two working days of September, according to the Financial Services Provider.According to Sanlam, this volume…
The rollout of the two-pot retirement system had led to a surge in activity for Sanlam Corporate, which received more than 20 000 savings component claims via its portal and app on just the first two working days of September.This volume far exceeds the monthly average of 7 000 to 8 000 retirement…
By Saskia JohnstonGetting into the UK has been challenging for many skilled South Africans, but this may no longer be the case for artisans and others with skills in high demand, including bricklayers, welders, roofers, carpenters, and plasterers. Why is the UK so keen on South African business…
Book review: Day Trading Attention - How To Actually Build Brand Sales In The New Social Media World (Paperback). By Gary Vaynerchuk. Price: R455IN HIS seventh business book, best-selling author, entrepreneur, and investor Gary Vaynerchuk offers fresh, in-depth advice to enhance brand development,…
Over the years, several South African trust beneficiaries ceased to be South African tax residents, and others never were. Many South African families also created international structures as part of their estate plans. The South African Revenue Service (Sars) had to adapt its taxation laws to…
The Cabinet has remained convinced that South Africa will in the next five months address the remaining 14 greylisting anti-money laundering deficiencies required by the Financial Action Task Force (FATF) to get the country out of the greylist.Acting Minister in the Presidency, Maropene Ramokgopa,…
By: Professional Provident Society (PPS)Creating a will is a vital step in securing your financial legacy and making sure your wishes are honoured – and it is easier than you might think. In recognition of Wills Month, Professional Provident Society (PPS) Fiduciary Services, a leader in intelligent…
Intermittent reinforcement is the psychological term for the phenomenon that turns rational people into compulsive gamblers, who carry on gambling – and losing – in the full knowledge that they are harming themselves and their loved ones, financially and emotionally.Only a fraction of the people…
By Mariné van BrakelSpring is the season for new beginnings and fresh perspectives. However, it’s not just your home that needs a spring clean. It’s also the perfect time to reassess your financial health, clear out the clutter and to get all your financial affairs in order before the year ends.…
Financial education is important, particularly in this economic reality, as it assists people going through tough times and empowers them to make informed decisions in safeguarding their financial well-being, according to Unathi Kamlana, the commissioner of the Financial Sector Conduct…
1. Mr Tshepo Kgadima, an independent analyst has been clear and vocal in his stance on Eskom mismanagement and corruption. Kgadima points out a significant consequence of the load shedding to business. In a lengthy interview with King Studio on Youtube he points out that as of the 1st of April 2023…
By Sihle Bulose and Zanrie Linstrom If you are an avid sports fan, you cannot help but have noticed the rise of sports betting over the past few years. Companies in the sector sponsor some of South Africa’s biggest tournaments, professional teams and stadiums. They also advertise extensively and…