Planning Topics
The dust has not yet settled on the forex that was stolen from President Cyril Ramaphosa’s game farm, Phala Phala. The DA and others are taking the rulings by the SA Reserve Bank (Sarb) on review as they are not satisfied with the finding that no foreign exchange regulations were transgressed. Now…
By: Capital LegacyWhile no one likes to dwell on their end of life, it is an inevitability, which is why having a last will and testament is crucial. This helps ensure that loved ones who are left are able to handle your personal responsibilities and wishes in the ways that you would want them to.…
As the South African Revenue Service (Sars) implements new advance payment notification (APN) requirements next month, the changes, which have been implemented in a bid to combat illicit cash flows, will impact all import payments valued at R50 000 and above.An APN is an application made by an…
Approximately 50% of South Africans constitute the middle class.They are not “poor”, nor are they “rich”. They are just “us” - normal people like you and me.And let’s face it, over the last 18 months we’ve had to absorb astronomical petrol and other price hikes not to mention the disastrous effect…
Good communication is at the heart of financial advice. If you sign up for a product or make changes to an existing product, the adviser or representative you deal with must make you aware of all the terms and conditions of the agreement and disclose all costs, so that you fully understand what you…
When the summer heat hits, there's nothing quite like Country Fresh's Lemon Cream Flavoured Ice Cream to cool you down.On a bright and warm summer day, with a gentle breeze in the air, indulge in the refreshment of Country Fresh's Lemon Cream Flavoured Ice Cream. This delightful treat, boasting a…
By Robyn LaubscherThe warmer weather and festive season store displays are a sure sign that the descent to the year-end rush will soon be upon us. Before the flurry begins, it’s a good opportunity to review your financial affairs, particularly your medical aid, as most medical schemes release their…
By: Farzana BothaDecember is approaching like a freight train. While friends, family and festivities may already be part of the journey, there’s a way to manage the angst linked to empty pockets, fridges and fuel tanks so typical of this time of year. After all, a detox doesn’t just have to relate…
South Africa's aging index has increased from 30 in 2017 to 33 today, which signals a steady upward trend towards a more senior population in the country. Approximately 8 million South Africans aged 55 and older are either already enjoying their golden years or are approaching retirement. However,…
South Africa’s leading online style partner, Superbalist, is back with their highly anticipated Black Friday Showdown.The popular retail event will run from 22 - 27 November on Superbalist, and promises the best brands, best styles, and best deals.As always, South African shoppers can expect…
South Africans were on average, spending slightly less of their take-home pay to service debt, but debt-to-income ratios were still high and unsustainable for those in the top income bands.These were some of the findings from DebtBusters’ Q3 2023 Debt Index, a quarterly review of data drawn from…
Francesca Villette JUDGMENT has been reserved in the Financial Intelligence Centre’s (FIC’s) application for interlocutory (interim) relief in a matter concerning allegations of unfair discrimination by banks in South Africa.The complainants in the matter, including Sekunjalo Investment Holdings,…
This holiday season, give the gift of imagination, knowledge, and joy with Loot’s collection of books.Explore the magic of storytelling and escape into a different world.Whether you're shopping for a literary enthusiast, a curious mind, or a young reader, Loot is brimming with literary treasures…
1. If one thinks of buffalo, the image that comes to mind immediately is that of African buffalo, also known as Cape buffalo, which are robust and powerful. If the Springbok emblem is ever replaced, I certainly hope it will be replaced with that of a buffalo. Many a hunter in our country met his…
By: Khanya Modipa andThapelo TsiuNavigating the maze of personal finance can be daunting, especially for young professionals just entering the workforce.Young professionals should not rely solely on their monthly salaries or even their planned career development to create the future they want.…
It’s all systems go on SKYWORTH’s combined Black Friday and Festive Season competition.The Buy Big, Win Bigger competition gives you the opportunity to win a SUV from one of South Africa’s top 10 passenger vehicle brands, a CHERY TIGGO4PRO, when you buy a new SKYWORTH TV.Running until 31 December…
Bank and wealth management group Investec lifted its interim dividend 14.8% to 15.5 pence (R353) per share in its first half after successful client acquisition strategies, loan book growth and benefits from the high interest rates.The lender also yesterday announced it intended to launch an…
By Heather BellThis is the final article in a series on planning for retirement, focusing on the different phases of this important chapter of life. The first article looked at pre-retirement planning considerations, the second looked at navigating the transition phase of retirement, and the third…
Large parts of Johannesburg and Mpumalanga, were hit by a severe hailstorm on Monday, November 13, 2023. Since then, various media platforms have been abuzz with videos and pictures depicting the damage caused by the hailstorm. Many cars, roads, buildings, infrastructure, establishments were…
Credo, an independent boutique wealth manager based in London, United Kingdom, and Anchor Capital, a provider of investment solutions in South Africa, has announced that they have agreed to a strategic merger.In a statement, Anchor said the combined entity will have assets under management and…