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Industry News

01 Mar 2021

On balance, things are looking good, says Old Mutual Wealth

February may be the shortest month of the year, but it’s not short on events. The clouds are starting to part, with almost 200 million people worldwide now vaccinated against the coronavirus, including 67 000 South Africans.

01 Mar 2021

Morningstar announces 2021 South Africa Fund Award finalists

Independent investment research company Morningstar Research (Pty) Limited, a subsidiary of Morningstar, Inc. (NASDAQ: MORN) has named the finalists of its 2021 South Africa Fund Awards.
01 Mar 2021

Standard Bank warned against the financing of Total's EACOP

Today 263 community and not-for-profit organisations from around the world, including Just Share and 12 other South African organisations, urged the CEOs of 25 banks not to participate in loans to fund the construction of the world’s longest heated crude oil pipeline.
01 Mar 2021

The HAVAÍC Universum Core African Fund achieves its second close

Following a successful 2020 comprising eight new investments and three international exits, African focused venture capital (VC) investor HAVAÍC has announced the launch of its newest fund. With a track record for investing in, supporting, internationalising, and ultimately exiting, early-stage high growth African technology companies, HAVAÍC’s Universum Core African Fund has now achieved its second close.
01 Mar 2021

SARB releases comments on new financial emigration regime

Financial emigration is the process used by many South Africans abroad to formalise their non-resident status for both tax and exchange control purposes, and which is set to be amended, as mentioned a year ago in Budget 2020, and come into effect on 1 March 2021.
01 Mar 2021

FNB Life recognised at BAI Global Innovation Awards

FNB Life was awarded the Consumer Products or Services Innovation award at the 10th annual BAI Global Innovation Awards for its Dynamic Life – Home offering for customers. BAI also recognised FNB with a special honourable mention for its high-impact innovation during the pandemic to meet the changing needs of customers quickly and effectively.
26 Feb 2021

Treasury publishes draft amendments to Regulation 28

The National Treasury today published the draft amendments to Regulation 28 of the Pension Funds Act for public comment. This follows the 2021 Budget and 2020 MTBPS announcements that government is in the process of reviewing Regulation 28 to make it easier for retirement funds to invest in infrastructure.

26 Feb 2021

New Head of Operations for Bonitas

Bonitas Medical Fund has announced the appointment of Dr Morgan Busuku Mkhatshwa asHead of Operations. Dr Mkhatshwa is a medical doctor with extensive experience in the healthcare sector.
26 Feb 2021

A holistic approach to employee benefits is good for you and your clients

Has your doctor ever spoken to you about the benefits of a holistic approach to health – a view that looks at the whole person and all the different aspects of good health? Interestingly, the same thinking is relevant to the “health” of a business.

26 Feb 2021

Moody's: SA's slightly lower deficits won't prevent debt rising

Moody's today issued a report on South Africa, following Finance Minister Tito Mboweni's Budget Speech, and the publication of the Budget Review earlier this week

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