Planning Topics
The impact of any increase in taxes, whether related to consumers or small businesses, will be equally hard hitting considering the levels of distress already experienced by both, according to Experian South AfricaJaco van Jaarsveldt, head of commercial strategy and innovation at global…
By: Marisa JacobsThe Department of Home Affairs (DHA) builds on the recent win of the implementation of the Trusted Employer Scheme (TES) by publishing draft changes to the Immigration Regulations for comment by 29 March. These changes implement a number of the Operation Vulindlela recommendations…
By: Duma MxengeTax-free savings (TFSA) vehicles celebrate their ninth anniversary in the country this March. They’ve played a pivotal part in changing South Africans’ savings outcomes, gaining popularity as a powerful means of growing one’s money, without the burden of tax. Here are critical…
By: Jurgen EckmannIf this year’s State of the Nation address (Sona) was more of an election manifesto rather than an X-ray of our nation that would provide a black-and-white picture of the policies needed to address our nation’s many challenges, then Finance Minister Enoch Godongwana has just…
By: Nomi BodlaniMany South Africans make money resolutions at the start of the year. But come mid-year when the optimism of the new year has faded, seeing through these goals may become tough, preventing many from realising their well-intended plans.The trick to making resolutions stick is to set…
Ania StrydomFinance Minister Enoch Godongwana’s Budget speeches garner enormous attention as his choices impact the average South African individual and business more than most other events. What can we anticipate from the 2024 Budget Speech?Debt remains the leading concern. State debt has been…
As the year’s first quarter unfolds, workplaces across various industries brace themselves for what has become known as the “resignation season”. Between February and April, a notable surge in resignation letters hits desks, leaving employers and colleagues alike pondering the reasons behind this…
Alexforbes has warned against misinformation on the two-pot retirement system.In a statement, the group said as a prominent stakeholder in South Africa's retirement funding sector, Alexforbes had the responsibility of educating and empowering members to understand the intricacies of the two-pot…
AN overwhelming 95% of financial industry leaders are optimistic about the economic outlook over the next three years, despite macroeconomic uncertainties and tensions in financial markets.This information is contained in the recently unveiled third edition of the African Financial Industry…
Load shedding is negatively impacting the operations of the debt counselling industry as most member companies spoke with consumers telephonically, according to the National Debt Counsellors’ Association(NDCA).In an interview with Personal Finance, Benay Sager, the chairperson of the organisation…
By Ashveena Teeluckdharry-KhusialTypically, asset owners or stewards such as financial advisers, retirement fund board of trustees and insurance company balance sheet investment committees in need of investment solutions delegate investment function/s to a or multiple third parties. Sub-delegation…
Vodacom ranks as Top Employer in AfricaMultinational telecoms giant, Vodacom reigns as the number 1 Top Employer in Africa, Unilever in second place, followed by Mondelez in third, according to the Top Employers Institute.The Institute says that to become recognised as a Top Employer, companies…
A few years ago, a nation could focus its research, resource extraction, and manufacturing energies toward its strengths with the assurance that international supply chains would provide the balance of required goods. That world has gone, swept away by Covid-19, geopolitics, and changes in global…
The end of the tax year is almost upon us. At this time many financial commentators urge people to put extra savings into their retirement annuity funds and tax-free savings accounts to take full advantage of the tax concessions on these products.This column looks at two other things you should…
At OUTsurance, we calculate your premium based on your unique risk profile which means that if you’re a low-risk client, you may end up paying less than anywhere else.We’re so confident that we could beat your current car insurance premium that you can ask us for R500 cash if we’re more expensive…
JUST SA’s weekly jargon buster aims to give simple, plain English explanations of 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 C:CConsumer Price Index (CPI)This is a…
By: Carla Rossouw If you’re saving for your retirement, both retirement annuities (RAs) and tax-free investments (TFIs) are good investment choices. But which one offers the best tax benefits? The answer depends on your investment goals and unique circumstances. While there are tax benefits…
By Berniece HieckmannSomewhere in a small town in South Africa, someone’s uncle has died. A long, drawn-out illness. Family members left behind, grieving. And a funeral plan, dutifully maintained through both sickness and health, finally paid out.The money is used carefully. A stately casket. An…
A recent court case has reinforced the fact that the body corporate of a sectional-title scheme is responsible for the maintenance and upkeep of the common property and may be liable for damages if its negligence in this regard results in personal loss or injury.This means that, if you are an owner…
FBS, a leading global broker, celebrates 15 years since the first trader registration. To honour the significant milestone and express gratitude to its traders, the global broker is thrilled to launch the FBS 15 Anniversary Raffle with fifteen iPhones 15 Pro Max as the tempting prizes.“Established…