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Industry News

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.
08 Feb 2021

Covid-19: What have we learned over the past year?

A year ago, reality started sinking in that the new coronavirus from Wuhan would not be contained to China. No fewer than 25 countries had confirmed cases, and the first deaths outside China were being reported. On 11 February 2020, the disease caused by the new coronavirus was named Covid-19.

08 Feb 2021

Decoding retirement planning jargon

Making the right retirement planning choices begins with understanding the solutions available to you, and the jargon. Here Glacier decodes common retirement planning jargon to empower you in conversations with your financial adviser.
08 Feb 2021

Assupol pays millions to clients in 100% Cashback benefits

Over 1,500 Assupol clients are projected to receive an average of R27,000 each in pay-outs, as part of the almost R42 million in Cashback benefits that Assupol intends to pay to clients between 1 January and 1 June 2021.

08 Feb 2021

SONA: 'We call on the President to announce the extension of Section 12J'

Ahead of his State of the Nation Address on 11 February, President Ramaphosa will be grappling with the huge task of rebuilding an economy ravaged by the Covid-19 pandemic. We believe he will do everything in his power to put South Africa on a firm growth path.
07 Feb 2021

Retirement funds can help solve SA's enormous education challenge

Retirement funds, long the backbone of savings in South Africa, may help in solving the formidable education challenge the country faces. With COVID-19 still impacting heavily on education and average financial literacy levels already low, Nashalin Portrag, Head of FundsAtWork at Momentum Corporate, says the involvement of retirement funds in boosting education outcomes and financial literacy is good for both the country and retirement outcomes.
06 Feb 2021

The GameStop short: what is short-selling?

GameStop is just one of many high-profile companies that have been in the headlines recently because investors have been "shorting" their shares.
06 Feb 2021

Play your part this Money Smart Week

The importance of being financially savvy cannot be underestimated – especially against the backdrop of a declining economy and the devastating impact of the COVID-19 pandemic. There is no doubt that financial literacy is essential to the growth and development of our nation.
06 Feb 2021

The FSCA issues warning on investing in crypto assets

In the wake of the recent Mirror Trading International Proprietary Limited debacle, the Financial Sector Conduct Authority has again cautioned investors against investing in crypto assets, which are currently not regulated by the FSCA. In a press release issued by the FSCA on 4 February 2021, investors were warned of a number of high risks associated with investing in crypto assets, which include the following –

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