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Industry News

10 Feb 2021

How to help your living annuity withstand market uncertainty

How can you make retirement solutions like a living annuity withstand market uncertainty and other risks? By harnessing income-focused wrap funds and taking an asymmetrical return approach to constructing your portfolio. Glacier Invest’s experts explain, here.
10 Feb 2021

SA to continue with phase 1 vaccinations using Johnson & Johnson vaccine

This morning, the Minister of Health, Dr Zwelini Mkhize, issued the following statement: On Monday, 08 February 2021, I the Minister of Health, Dr Zwelini Mkhize- briefed the Inter-Ministerial Committee on Vaccination that is chaired by the Deputy President of the Republic, Honourable Mr. David Mabuza
09 Feb 2021

Drawing up a new will in conjunction with a marriage contract

The month of love has arrived, and many couples will be getting married, or planning a wedding. It makes sense to draw up a new will in conjunction with a marriage contract, and it is important to understand the effect which your marital regime has on estate planning and what the law says about leaving your possessions to persons other than your spouse, beforehand.
09 Feb 2021

BUDGET 2021: Tough decisions may be needed to deal with SA’s fiscal crisis

South Africa was already facing a fiscal crisis before the COVID-19 pandemic. Stagnant economic growth, mounting debt and unemployment have characterised recent years. The government intends to close deficits in public finances and lower borrowings as stated in the MTBPS in October.

09 Feb 2021

SARS’ lifeline can save SMEs from drowning in tax debt

In these uncertain times many small to medium enterprises (SMEs) do not have the financial means to settle large debts which have accrued to the South African Revenue Service (SARS), be it in light of the crippling COVID-19 pandemic, or due to long outstanding debts.
09 Feb 2021

Understanding the great forces that rule the world, and often, our investments

Robert Thompson stopped at a local shop to pick up a few items on the way home. He entered the shop, promptly turned around and left for no apparent reason (but later reported feeling ‘unsafe’). A police officer passed him on the way out and was soon killed in the store which was, unbeknownst to Thompson, being robbed at gunpoint.
09 Feb 2021

Finalists for Nedbank and Old Mutual Budget Speech Competition announced

The top 19 finalists for the competition that is aimed at developing South Africa’s future economic leaders have been announced with tertiary students from Gauteng, followed by the Eastern Cape making up the majority of this year’s finalists.
09 Feb 2021

Before you cancel your insurance, consider this

As the Covid-19 lockdown nears the one-year mark, consumers are feeling an increased financial bite, especially as so many South Africans are working from home. In numerous cases all family members are home-based and having to update connectivity, install technology and create study and work spaces which puts additional burden on budgets.

09 Feb 2021

BlackRock: Why we favour tech and healthcare

The pandemic has turbocharged transformations that were already under way – from sustainability to inequality. Yet markets have not fully priced in the durability of these trends, we believe, even with the glimpse into the future offered by the pandemic. We favor technology and healthcare on a tactical horizon, as they offer both quality characteristics and are likely beneficiaries of structural growth trends.
09 Feb 2021

SONA: President must involve commercial sector on a large scale

President Ramaphosa will have to spell out the role of the commercial sector very clearly in his State-of-the-Nation address (SONA) this week. He should also highlight the factors that undermine this sector’s contribution to the economy and the country’s progress in general.

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