B2B Central

Wealth management

11 Apr 2025

BrightRock's trauma insurance guide for building industry professionals

By Staff Writer

Does your life insurance cover traumatic injuries? By Sean Hanlon, executive Director at BrightRock Your critical illness cover is there to help you with the additional expenses that come with a serious illness or injury. But does your cover consider traumatic injuries when assessing your claims? Here are some important questions to ask when getting...
27 Mar 2025

Unpacking the state  of our nation’s health 

By Staff Writer

By Damian McHugh, Chief Marketing Officer, Momentum Health  South Africa’s healthcare landscape is at a critical juncture. The burden of disease – primarily driven by non-communicable diseases (NCDs) such as diabetes, hypertension, and mental health disorders – has escalated alarmingly. Over the past two years, NCDs have increased from 51% in 2022 to 55% in...
26 Mar 2025

Don’t be misled: No waiting period for SA expats who want to cease tax residency

By Staff Writer

John-Paul Fraser, Team Lead: Cross Border Taxation at Tax Consulting SA and Chavaughn Phillips, Expatriate Tax Specialist at Tax Consulting SA say that many South African expatriates have unknowingly missed out on paying lower taxes in South Africa for years while living abroad, due to confusing or misguided advice that they must reside outside the country for...
25 Mar 2025

Retiring old rules: Potential tax amendments for foreign pensions

By Staff Writer

On 12 March 2025, the Minister of Finance, Enoch Godongwana, delivered South Africa’s 2025 Budget Speech to Parliament, and the tax amendments proposed included more than just an increase in the VAT rate. In the 2025 Budget Review, the Minister proposed changes to the rules that currently exempt lump sums, pensions and annuities received by...
24 Mar 2025

Should South Africa be part of your diversified investment portfolio?

By Staff Writer

Despite persistent structural challenges and headline economic data, plenty of opportunities still exist for SA investing, says Thambo Mthwalo, Advisory Partner and Senior Equity Analyst at Citadel. “Negative investor sentiment towards SA does exist but it is also apparent that investors recognise the country’s potential. So, there is still some goodwill toward South Africa as an...
20 Mar 2025

Vat hike pressure: How business can boost employee value

By Staff Writer

The South African government has concluded its 2025 budget deliberations, announcing a VAT increase of 0.5% from May 2025, and a possible further 0.5% hike by April 2026 as part of measures to address the growing budget deficit. While the country will not face increases in personal income tax or corporate tax rates, both fiscal...
20 Mar 2025

Second wave of savings pot withdrawals update

By Staff Writer

Since the start of the new tax year on 1 March 2025, Alexforbes has observed a second wave of interest from retirement fund members in checking their balances and submitting savings pot claims, says Vickie Lange, Head: Best Practice at Alexforbes. Fund members may access their savings pots once every tax year with over 400...
19 Mar 2025

Insuring infrastructure for climate change

By Staff Writer

The effects of climate change have been debated since the 70s, but evidence has become increasingly apparent over the last two decades, says Regan Duarte, Claims Specialist at SHA Risk Specialists. South Africa is not exempt from this phenomenon, and the country continues to experience significant changes in its weather patterns. In 2022, days of...
19 Mar 2025

Navigate volatile markets with Marriott’s new portfolio

By Staff Writer

By Scott Cooper, Investment Professional at Marriott Investment Managers In 2024, significant developments across politics, economics and financial markets underscored the unpredictability of the global landscape. Despite the highest interest rates in decades, the anticipated global recession never materialised, highlighting both the adaptability of economies and the challenges of forecasting economic outcomes. Geopolitical uncertainty remains...
17 Mar 2025

Shifting tides: Markets navigate growth slowdown, trade-first policies, and tech scrutiny

By Staff Writer

The performance of the US stock market versus other developed country stock markets has diverged significantly this year as US investor sentiment deteriorates on growing fears of a recession arising from Trump’s trade-first policies, says Peter Mclean, Stonehage Fleming Head of Multi-Asset Portfolio Solutions. The S&P 500 Index has declined close to 6% year to...
17 Mar 2025

How fixed income investors should manage downside risks while targeting high real yields

By Staff Writer

While 2025 looks set to be quite eventful, the promising news for South African investors is that local fixed income markets seem poised to deliver another year of good real returns says Ané Craig, Fund Manager at PSG Asset Management Although we expect investors to benefit from continued positive market dynamics locally, we also anticipate...
17 Mar 2025

VAT hike would be a setback for insurance buyers

By Staff Writer

The 2025 Budget VAT hike would likely not lead to long term economic growth although a positive outcome is to address the insurance protection gap. By Charles Nortje, MD of Old Mutual Insure In the 2025 Budget Speech, the Minister of Finance tabled a proposed 0,5% hike in VAT to 15,5% this year, and a...