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Industry News

15 Jun 2021

Honouring the past to change the future: Why investing in SA’s youth is critical

Every year, South Africa remembers and marks the Soweto youth uprising of 16 June 1976. It is a significant day in the country’s calendar because it serves as a reminder of the power and potential of South Africa’s young people as the future of the country.

15 Jun 2021

Standalone retirement funds indicate they will invest on average 6.6% in infrastructure investments

Ageing and inadequate infrastructure remain a major obstacle preventing South Africa from realising its economic growth potential. Proposed regulatory changes will allow retirement funds to increase their investment in infrastructural projects - but are funds planning to do so?

14 Jun 2021

Building confidence rises in 2Q2021, but sector still faces many headwinds

After slipping to 27 in 1Q2021, the FNB/BER Building Confidence Index, increased notably to 39 in 2Q2021. Even though this is the highest level of the index since 1Q2018, at the current level, more than 60% of respondents are still dissatisfied with current business conditions.

14 Jun 2021

Accelerated economic recovery through digital transformation

By Cas Coovadia, CEO, BUSA and Adam Craker, CEO, IQBusiness Concerned about our sluggish economic recovery in the wake of the pandemic and frustrated by more loadshedding and a slow vaccine rollout, South Africans are looking for a beacon of hope to signal that the future is going to be better. Sharing these concerns and...
14 Jun 2021

27four Women – An Accelerator Managed by Women for Women in Fund Management

Empirical evidence demonstrates that it may take almost 200 years to reach gender parity in fund management. It is estimated that a meagre 0.5% of global assets under management are managed by women and just one in nine fund managers are women.
11 Jun 2021

Crypto assets to be brought into South African regulatory purview

The Intergovernmental Fintech Working Group (IFWG) has today, through the Crypto Assets Regulatory Working Group (CAR WG), published a position paper on crypto assets. The paper confirms that crypto assets will be brought into the South African regulatory purview in a phased and structured manner.
11 Jun 2021

Takatso Consortium and SA government partner to relaunch SAA

Following the announcement by the Honourable Minister of Public Enterprises, Pravin Gordhan, the Takatso Consortium has expressed its delight and commitment in being selected as the Preferred Strategic Equity Partner (SEP) for South African Airways (SAA), it said in a statement this morning.
11 Jun 2021

Why risk it? DIY estate planning can cost you

With online solutions popping up and promising to crank out an estate plan in under 30 minutes, you may be tempted to do-it-yourself (DIY). Afterall, you will be avoiding all the costs that come with professional assistance, right?

11 Jun 2021

Maximising the benefit of a tax-free investment

South Africa has one of the lowest household savings rates in the world. To encourage the culture of savings, the government introduced tax-free investment and tax-free savings accounts in 2015 to incentivise good savings habits.
11 Jun 2021

Do we really need all this data?

Data is arguably the most valuable asset in the world, and as more and more of it is gathered, stored and shared, it’s a dynamic force that is forever shaping how the world works. The advent of POPIA from 1 July 2021 seeks to constrain free rein over data and will make us all look at how we collect information from subjects and to question what is necessary to gather.

Visit the official COVID-19 government website to stay informed: sacoronavirus.co.za