Planning Topics
There’s a growing consensus among investment experts that, globally at any rate, the markets are looking less constrained going into 2024. What happens locally is another matter, given South Africa’s unique economic and political challenges.Importantly, the US Federal Reserve’s rate-rising cycle,…
Wealth investors globally have been forced to re-evaluate their investment strategies in response to the new economic reality and ongoing inflation and geopolitical uncertainty.This information is contained in the Schroders Global Investor Study 2023.Schroders’ flagship study surveyed over 23,000…
Over the festive season, there’s frequently family tax in the form of expected generosity and support.While it’s beautiful to be able to bless loved ones, and important to reward yourself too, it’s critical to do so without taking away from your future self. This December, consider being…
Although many are of the view that South Africa introduced more stringent measures for trusts and companies in the past year, out of free will, the opposite is true. Worldwide, countries started implementing Beneficial Ownership Transparency (Bot) measures. According to a World Bank study, 70% of a…
Global investment management firm Schroders has warned that wealth investors globally have been forced to re-evaluate their investment strategies in response to the new economic reality and ongoing inflation and geopolitical uncertainty.This is according to the Schroders Global Investor Study (GIS…
By: Christopher AdamWhy are African countries exposed in the international currency market?Three main reasons. First, African economies are small and as such are highly dependent on trade with the rest of the world. Their exports are dominated by primary commodities including oil and gas, minerals…
Wikus OlivierThe festive season is here, and you might feel the pressure to splurge on jolly goodies and once-in-a-lifetime deals. However, it’s time to embrace a money-mindful approach by saying 'NO' to festive FOMO (fear of mission out) and ‘YES’ to invaluable experiences so that you pave the…
Entrepreneurs are the unsung heroes of the economy. The small business sector is an important source of job creation and for millions of South Africans, it is a driver of income that supports the business owners as well as their families and communities.Small businesses also provide some of the…
If insurance crime continues unabated in South Africa, it could impact the affordability of insurance for an average South African and change the way underwriters view and assess risk, according to Santam South Africa’s largest short-term insurer listed on the Johannesburg Stock Exchange (JSE).…
By: Zipho MhlongoThe end of the year and summer holidays are a celebratory time filled with the temptation to spend money. From Black Friday specials to festive-themed marketing, there are pressures from all sides to overextend your budget that can be difficult to resist.Although the festive season…
Financial services provider Liberty has announced that as part of its ongoing Unclaimed Benefits Funds tracing efforts, this year, it has identified more than 13 000 people and paid over R105 million to members and beneficiaries who had a legitimate claim.The group said it has embarked on…
Ombudsman for Banking Services (OBS) Reana Steyn lauded banks that have best co-operated with her office in resolving customers’ complaints.At the OBS Annual Banking Awards ceremony in Johannesburg on November 24, Steyn recognised the banks and their staff that had delivered excellent service and…
MiWay has held on to its first-place position in the 2023 SA Insurance Index Report, once again recording the highest Net Sentiment among local insurance providers. This position is proof that the company is delivering on its promise of outstanding client experience - a win for both the insurer and…
No one wants to be bogged down by pain or fever during their holiday travels, and now, thanks to Panado®, you don't have to be!Whether you're jetting off on a family holiday, embarking on a road trip adventure, or simply making a quick visit to family and friends, Panado® has your back with a range…
As the shopping frenzy continued into Cyber Monday from Black Friday, marking the start of the shopping and festive season for South Africans, one of the country’s largest retailers has said one product was top of mind for many consumers. Pick n Pay said on Monday that air fryers continued to reign…
President Cyril Ramaphosa will not act against the banks over rand fixing, according to Unisa Professor Boitumelo Senokoane. Senokoane, who joins the popular narrative that the president’s strong links with big corporate and monopoly capital will hinder him from taking the banks to task. This…
The parliament’s finance committee decided to maintain the original implementation date of the two-pot retirement system of March 1, 2024, despite the National Treasury and industry wanting the system to be implemented in 2025.The National Treasury had said it wanted to enable the SA Revenue…
ABOUT R120 million of the value of investment returns were destroyed due to behaviour tax for the 2023 period, according to Momentum Investments’ latest Sci-Fi Report.According to the report titled Momentum Investments’ latest Sci-Fi Report for 2023, the behaviour tax is calculated as the…
1. The South African economy is a relatively open economy. The table below indicates the values for one month that were potentially involved in the conspiracy. This makes for a combined value of close to R2 trillion, and that is for a single year. The years under investigation span over 7 years. We…
By Roger EskinaziBLACK Friday is widely known as the most anticipated event on the annual retail calendar. Traditionally, it has earned a reputation for being a day on which retailers offer massive price cuts and discounts ahead of the festive season. As the global shopping frenzy approaches, now’s…