Planning Topics
By Beulah BrownIn the current global financial landscape, marked by economic uncertainty and market fluctuations, South Africans are increasingly seeking avenues to safeguard their wealth and explore opportunities beyond the country’s borders.Unique challenges, including strict exchange control…
Over half, 57%, of all fraud cases recorded by Association for Savings and Investment South Africa (Asisa) members in 2022 were classified as sales fraud – dishonest intermediaries writing up policies for clients without their knowledge to earn a commission.According to Asisa, sales fraud worth…
By: Fatima LockhatThe banking sector faces a significant challenge in embracing digital transformation, as it is crucial to align with the contemporary expectations of customers, who demand swift, efficient, and user-friendly services. Outdated strategies no longer suffice for today’s consumers. To…
By: Queen MalobaneKnown as heartbreak season, or “Dump Month”, December generally sees a rise in break-ups as people act to end relationships that they believe aren’t working so they can start the new year with a clean slate. In fact, lawyers have unofficially dubbed the first working Monday in…
THE Office of the Pension Funds Adjudicator (OPFA) has announced that the Financial Services Tribunal has dismissed an application brought by the Municipal Employees Pension Fund (MEPF) asking the Tribunal to reconsider the Pension Fund Adjudicator (PFA), Muvhango Lukhaimane's decision on a…
I’m looking at investing in equity shares, however, I’m unsure of how to start this journey. What are the do’s and don’ts to watch out for? Any advice on where to start?Chrisley Botha, Wealth advisor at PSG Wealth answers:Beginning your investment journey in equities (or shares) is a great step…
MTN MoMo is embarking on a journey of innovation, as it proudly unveiled the groundbreaking winners of the MTN MoMo API Hackathon 2023, a transformative event that brought together South Africa's most skilled tech developers to redefine the landscape of demand-driven financial services.In a…
By: Sarah LoveThe average person wants to enjoy life while they are working and building their wealth, then have enough savings to live on and maintain their lifestyle when they are no longer working plus make sure that a spouse and any dependants are financially taken care of when they pass away.…
By Velmah NzembelaAS THE middle-aged population in South Africa faces the looming reality of retirement, the fear of financial stress casts a shadow over their golden years. The dream of a comfortable retirement is under threat for many, and addressing this issue is critical. Research insights shed…
THERE’S a lot of discussion about whether cryptocurrency regulation is necessary or not. People will comment that regulation prohibits innovation and growth, according to cryptocurrency exchange Luno's country manager, Christo de Wit.Speaking to Personal Finance, De Wit said regulating the crypto…
In a groundbreaking judgment against Eskom and load shedding, the Gauteng High Court, Pretoria, ordered the minister of electricity to by the end of January ensure that all public health institutions such as hospitals and clinics, public schools and police stations, including satellite stations,…
In a groundbreaking judgment against Eskom and load shedding, the Gauteng High Court, Pretoria, ordered the minister of electricity to by the end of January ensure that all public health institutions such as hospitals and clinics, public schools and police stations, including satellite stations,…
By: Khensane Mangwane, Alex SkhakhaneIn tough economic conditions like the present, businesses may be tempted to forgo business insurance or reduce their coverage as a cost-cutting exercise. This, however, may be a short-sighted approach, given that the main purpose of insurance is to protect…
By: Despite strong returns over the last 12 months, investors lack optimismFollowing a strong rally during the first half of the year, the past few months have been characterised by global equity markets retreating from their recent highs. In fact, the MSCI World Index ended October 10.4% lower…
I’m currently separating from my husband, and unfortunately, he was the one who managed our finances and planned our investments. Due to this, I’m needing to start over and would like some advice on what to focus on to build on my savings. Name withheldJaanre Muller - Wealth Manager, PSG Wealth,…
THERE’S a lot of discussion about whether cryptocurrency regulation is necessary or not. People will comment that regulation prohibits innovation and growth, according to cryptocurrency exchange Luno's country manager, Christo de Wit.Speaking to Personal Finance, De Wit said regulating the crypto…
The incidence of scams that shot up during the Covid-19 pandemic and continues to grow rapidly has increased fraud anxiety, according to a new consumer fraud study by AI and analytics firm SAS.SAS said rampant fraud was also reshaping individuals’ expectations about organisations’ obligation to…
IN SOUTH Africa, we have two opposing forces, the NHI (National Health Insurance Fund) initiative and private healthcare, with Discovery Health Group as the flag bearer for private healthcare.In this article, we take a closer look at some disturbing early warning lights.1. The NHI bill aims to…
By Vanesha PalaniThe past year has been challenging for most South Africans. It seems like the price of everything has been going up every month, from rising food prices to transport costs, electricity, and everything else.There is some good news on the horizon for many South Africans, though,…
This week, the National Treasury published its finalised financial inclusion policy framework for South Africa, titled “An Inclusive Financial Sector for All”, outlining the government’s roadmap towards a financial sector whose services and products are geared towards the population as a whole.The…