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Industry News

11 Apr 2021

SharingAlpha releases updated list of top rated funds

Fund selectors are asked to rate the funds based on their expectations in terms of the fund's chances of outperforming in the future. The 3 parameters on which the overall rating is determined are factors that are expected to influence future performance:
09 Apr 2021

Debunking life insurance myths

Getting life insurance usually is straightforward. You are advised to do as much research as possible and gather quotes from different insurance companies to learn what is most suitable for you and your lifestyle. Life insurance covers helps us get through unforeseen circumstances and so, it makes sense that you would have life insurance – to protect your most important asset – You.

08 Apr 2021

NDB approves loan to South Africa

Today, April 2, 2021, the Board of Directors of the New Development Bank (NDB) approved a USD 1 billion COVID-19 Emergency Program Loan to the Government of the Republic of South Africa for supporting South Africa’s economic recovery from COVID-19 (the Loan).
08 Apr 2021

Bank of America increases environmental business initiative target to $1 trillion by 2030

Bank of America today announced a goal of deploying and mobilizing $1 trillion by 2030 in its Environmental Business Initiative in order to accelerate the transition to a low-carbon, sustainable economy.

08 Apr 2021

Auditors: From bean counters to green counters

Auditors the world over are gearing up to audit companies’ sustainability credentials as shareholders increasingly demand assurance as to the impact businesses have on the environment.

08 Apr 2021

Bonitas: Vaccines and the way forward

As a possible Covid-19 third wave looms, Lee Callakoppen, Principal Officer of Bonitas Medical Fund, gives an update on Covid vaccines and how the Fund is positioned for the rollout to its members.
08 Apr 2021

Peregrine Capital's High Growth Fund turns R1m into R100m

Peregrine Capital’s High Growth Fund made history in December 2020 when it became the first fund in South African to achieve 10 000% return for investors since its inception. This means that R1m invested on 1 February 2000 would be worth more than R100m today.
08 Apr 2021

Growing a nest egg with little money but a lot of time

Successful investors are those who understand that time is the critical factor when building wealth and not necessarily the amount of money at their disposal. That’s the word from Darius van der Walt, actuary and member of the Investments Committee of the Actuarial Society of South Africa (ASSA). “While you definitely need some spare cash...
08 Apr 2021

What the experts say about retirement

Retirement isn’t a once-off event – it’s a life stage. So, what do the experts want you to know to make yours a rewarding one? Read on to find out.
07 Apr 2021

Government welcomes IMF's upward growth outlook

Government welcomes the International Monetary Fund’s (IMF) revised upward growth outlook for South Africa from 2,8% to 3,1% for 2021. "The upgrade to South Africa's growth outlook affirms the robustness of our economy and positive economic interventions despite tough conditions," the Presidency said this evening in a statement.

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