MoneyMarketing

Industry News

23 Feb 2021

How a pandemic reignited rewards programmes

In times of crisis, people tend to look for more value. It becomes incumbent on brands to recognise these changing market behaviours and reassess how they engage with consumers – not only to offer the immediate value they seek but also to retain them as clients into the future.
23 Feb 2021

New retirement fund legislation encourages preservation of savings

On 1 March 2021, the latest Taxation Laws Amendment Bill will come into effect. Known as T-Day, the legislation governs the retirement fund industry and aims to help South Africans save enough for their retirement by ensuring their savings are protected.
23 Feb 2021

Peregrine Treasury Solutions announces name change to Citadel Global

Peregrine Treasury Solutions announced today that it has changed its name to Citadel Global. This decision forms part of the restructuring of parent company Citadel Investment Services following its unbundling from Peregrine Holdings last year.

22 Feb 2021

Why the broad US stock market is not in a bubble

The local equity market hit a new record high last week. The FTSE/JSE All Share Index rose above 67 000 index points for the first time, a level that seemed far away not long ago. At least one headline in a prominent local financial website asked if this points to a bubble.
22 Feb 2021

Estate planning needn't be complicated

Recently, the Pretoria High Court ruled against an applicant’s request to acknowledge her as the rightful heir to her long-time partner’s estate. In this specific case, the deceased was married to his estranged wife through a customary marriage, but they never officially divorced, leaving little room for the applicant, who had been sharing a life with him for 13 years, to be considered as a spouse.
22 Feb 2021

Dividend pay-out for 12J investors

Anuva Investments, a registered Section 12J Venture Capital Company, has announced their interim results with a dividend payable to investors in their equity fund. Shareholders will receive 70 cents per share at a return of 4.1% as at 31 January 2021.

22 Feb 2021

Budget 2021: Will Treasury seek Section 12J extension?

Minister Mboweni’s Wednesday Budget and Budget Review will be closely scrutinised by investors looking to grow the South African economy and create local jobs.
22 Feb 2021

Budget 2021: Contemplation followed by a leap of faith

Names of places in South Africa are fascinating. My favourite is a place in the Northern Cape called Stilstaan-en-Afspring. I have never been there but I have often wondered how it got its name. I was reminded of that place as we approach Budget 2021/22.

22 Feb 2021

Why the budget speech is important to consumers

Consumers continue to feel the devasting effects due to a strained economy brought about by the pandemic. The upcoming National Budget address is a good time to reflect on the state of your finances and better plan for the year ahead.
22 Feb 2021

FSCA warns public against company impersonating STANLIB

The Financial Sector Conduct Authority (FSCA) is warning the public against doing any financial services related business with an entity called Stanlib Multiple Investment, which is impersonating STANLIB to attract investors.

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