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Industry News

11 May 2021

Today's global sell-off should be a reality check for investors

Concerns about inflation that are rattling global stock markets on Tuesday should be used as a reality check for investors, says Nigel Green, chief executive and founder of deVere Group. His observation comes as the pan-European Stoxx 600 index dropped 2.3%, with London’s FTSE 100 falling 2.4%.
11 May 2021

A remuneration model made for COVID-19

In a COVID-stricken economy, employee motivation and productivity are being hampered by salary cuts and reduced working hours. “Employers are looking for innovative remuneration solutions that will inspire their workforce while preserving their own constrained finances,” says Tanya Tosen, Tax and Remuneration Specialist at Tax Consulting South Africa.
11 May 2021

Women should take advantage of their inherent investment instincts

In a world where a financial disparity between men and women still exists, women have some distinct advantages when it comes to investment, writes Deputy CEO of Momentum Metropolitan and CEO of Momentum Investments, Jeanette Marais.
11 May 2021

BlackRock's Weekly Market Commentary: Mind the (rate expectation) gap

Markets are pricing in a liftoff from near-zero policy rates as early as next year, even though the Fed through its new framework has committed to stay behind the curve on inflation. We caution against extrapolating too much from strong near-term activity data amid a powerful restart. We see a high bar for the Fed to change its policy stance and believe this may be underappreciated by markets.
11 May 2021

Rand considered one of the most volatile currencies

The rand turned 60 this year. It was introduced in February 1961 as a decimal replacement for the South African pound, which operated on the pounds, shillings and pence system. Named after the gold-rich Witwatersrand, the rand had a pretty sheltered childhood, until the early 1980s, mostly pegged against the US dollar and the UK pound.
11 May 2021

Draft PAIA Regulations published ahead of POPIA commencement

The Department of Justice and Constitutional Development has released draft Regulations relating to the Promotion of Access to Information, 2021 (Draft PAIA Regulations). This release follows various amendments to bring the Promotion of Access to Information Act, 2000 (PAIA) in line with the Protection of Personal Information Act, 2013 (POPIA).

11 May 2021

Rebound for retirement

If your retirement savings were invested in balanced funds through the market turmoil of 2020, there is some good news. You can currently secure a guaranteed income for life that is over 15% higher than it would have been had you invested on the 1st of January last year before the market crash; an income that targets growth in line with inflation.
10 May 2021

The structure of market drawdowns – Part 2

By: Joao Frasco, CIO, Stanlib Multi-Manager The structure of market drawdowns is an interesting concept to inform investment decisions. This is particularly relevant as we continue to grapple with the ongoing temporary slowdowns in economic activity worldwide and market uncertainty. The South African equity market ended 2020 below its previous high in 2017, which technically...
10 May 2021

The post-coronavirus world will be different

As South Africa heads into winter, the northern hemisphere heads into summer – but regardless of where you live, everything is different all over again, with experts seeming to agree that we’re closer to the end of the pandemic than we are to the beginning.
10 May 2021

Female owned and led investments entity launched

Crystal Partners has been established with the main aim of being the premier partner of choice for global and local companies seeking to establish and expand their footprint on the African continent. When explaining the company’s name, Dr Keitumetse Mothibeli, CEO of Crystal Partners explains: “In the literal and figurative sense, crystals signify the embodiment of clarity, but also, the formation of crystals speaks to a process of robust refinement to produce beauty and strength in one.

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