Planning Topics
South Africa enjoys a high rate of financial inclusion, and consumers are generally positive or neutral about its financial institutions, though investment, pension and insurance products remain poorly understood. Furthermore, when dealing with financial services providers, South Africans prefer…
For companies to act their age, they should know in which phase of their lifespan they find themselves. The SA Post Office, for example, is at the end of its lifespan, be it for right or wrong reasons. They must now act like a company on the decline, the same as SAA and a host of other such public…
Upfront bonuses being offered by insurance companies to financial advisers to entice them to leave their current employer and join the competition were prohibited by the former Financial Services Board (FSB), which is now the Financial Sector Conduct Authority (FSCA), way back in 2014.Section 3A of…
AFRICA, a continent of rich cultural diversity and immense potential, stands at the threshold of a new era. South African chairperson of the BRICS Media Forum, Dr Iqbal Survé, said the collaboration with Africa was not just a strategic move but a commitment to leveraging our collective strength to…
Good MorningMininster Fu HuaMinister Hu HeppingMr. Dimitri GornostaevMr. Srinivasan RamaniMr. Jose Juan SanchezMinister MutsvangwaGood Morning Ladies and Gentlemen and Colleagues from the Media.As the South African Chairman of the BRICS Media Forum, I am truly honoured to stand before you today.…
The BRICS alliance - Brazil, Russia, India, China, and South Africa - represents nearly half of the world’s population and a significant portion of the global economy. As such, the influence these nations wield in shaping media narratives is immense.The forum, whose theme is: “BRICS and Africa:…
The gender gap in tech is a well-documented challenge. Women are underrepresented in the tech workforce and they are even more underrepresented in leadership roles. According to research, only 27.6% of the tech workforce identifies as female - making the gap significant.Fortunately, there are women…
By Gabriel Rybko, Kylie Slambert and Darryl BernsteinThis opinion piece does not intend to comment on the substantive employment law aspects of the case, but rather on the views of the court in relation to the conduct of the legal advisers. The matter of University of South Africa v Socikwa and…
One of the many consequences of load shedding is power surges that cause irreparable damage electronic circuits in phones, appliances, and other tech equipment. Avoiding these losses, which some research shows are impacting nearly three out of every four South Africans, means taking basic…
For some time, but especially after the recent introduction of tighter measures on South African trusts (similar to measures already introduced in many other countries), estate planners and trustees are (and should be) evaluating whether ‘their’ trusts still serve a purpose. It is a well-known fact…
Whether you're nearing retirement or in retirement already, you may be thinking about your lifestyle choices right now as the cost of living continues to rise.The truth is that you need to be prepared to ask yourself challenging questions about your post-retirement income and portfolio growth to…
The Catholic Bishops and the Richard Spoor attorneys are launching a class-action lawsuit against South African coal mining companies to help sick miners suffering from lung disease.The class action is against global mining company South32 seeking legal remedies for sick miners and the families of…
We chatted with women across South Africa from all ages and walks of life to determine the invaluable wisdom they would share with their younger selves about money and investments. Here are the top five recommendations. By Nicole van den Munckhof1. Improve your financial literacy.Most women wished…
Wealthy South Africans are leaving the country, and there doesn’t seem to be any stopping the trend. The numbers suggest one in every five high-net-worth individuals (HNWIs) has sought greener pastures over the past decade, with around 1 500 heading for the exit in 2022 alone.Why are they going?…
Stock markets have traditionally been the place where investors, retail and institutional, have had access to the most successful asset class for inflation-beating growth: listed shares, or equities. But stock markets globally are facing a crisis. Fewer new companies are listing on them and…
Buy a select Samsung TV and get a FULL REFUND if the bokke win the World Cup.14 August, 2023. South Africa’s leading online store Takealot and Samsung’s iconic #BACKTHEBUCKS promotion is finally live - buy a select Samsung TV and you’ll get a FULL REFUND should the bokke win the tournament.The…
While purchasing a new smart TV will likely enhance your viewing experience, the less costly way to upgrade your home viewing is, of course, through a TV box or TV sticks, and with a plethora of devices available to many, they come in different shapes and sizes with varied functionality.It should…
When searching for something to read in honour of Women’s Month, the options are seemingly endless.Loot has put together a roundup of books that capture the female experience across genres, time periods, and subject matter. Prison Child - The Story Of Vanessa Goosen's Daughter by Felicia Goosen,…
While almost half (47%) of South Africans list a comfortable retirement as their primary savings goal, according to the 2023 Old Mutual Savings and Investment Survey (OMSIM), South African families who participated in a financial lifestyle social experiment cannot save adequately for retirement.…
Financial freedom is best described as a state that is attained when you have enough money to meet your day-to-day needs and your regular expenses, without having to rely on credit or debt. For those looking long-term, it could mean the state attained when you no longer need a regular income, as…