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Industry News

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.

10 Jun 2021

SA’s more “liberal approach” to energy supply praised

In a surprise announcement at midday today, President Cyril Ramaphosa announced that Schedule 2 of the Electricity Regulation Act would be amended to increase the NERSA licensing threshold for embedded generation projects from 1 MW to 100 MW.
10 Jun 2021

Protect your legacy: family trusts under the spotlight

Wealthy parents are often concerned about the preservation of their hard-earned family fortunes for their children, and rightly so: research has shown that around 70% of young heirs end up failing as custodians of the family wealth, sometimes squandering it within a few years after inheritance.
10 Jun 2021

Index with impact with green bonds

Since 2018, sustainable fixed income indexing assets across the industry have more than doubled every year1, with investors increasingly looking at sustainability as an important driver of returns.
10 Jun 2021

Decoding the claims process: Your questions answered

Few would argue the fundamental necessity of a comprehensive insurance policy, given South Africa's consistently high crime levels and the well-documented dangers faced on our roads.

10 Jun 2021

Iress appoints Noah Greenhill as Head of Commercial

Financial technology company Iress has appointed Noah Greenhill to the role of head of commercial for South Africa, where he will lead Iress’ sales and account management team. Noah previously led sales and marketing for the Johannesburg Stock Exchange (JSE), as well as holding senior leadership roles at Kessef Capital and Bakgatla Ba Kgafela Investment Holdings.

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