MoneyMarketing

Industry News

10 Apr 2020

Lockdown: SACCI suggests 'staggered' return to business

The South African Chamber of Commerce and Industry (SACCI), wishes to commend President Ramaphosa on his leadership and management of this crisis, in an attempt to flatten the curve of the infection rate of this Covid 19 pandemic.

10 Apr 2020

COVID-19: Prescient's view from China

At Prescient, we don’t usually comment on anything other than quantitative factors, the interpretation of data and what our models are telling us. We believe that investments should be based on research and facts, and that emotions are counterproductive to successful investment decisions.
09 Apr 2020

COVID-19 wreaks havoc with advisor books globally

As the Covid-19 pandemic lockdown forces the globe into an immediate and extreme digital age, financial advisors need to urgently adjust their models if they want to survive.
09 Apr 2020

JSE issues guidance on impact of Covid-19

JSE-listed companies may have to fulfil various duties under the Listings Requirements in relation to disclosures of the impact of Covid-19 on their businesses, scheduled shareholders’ meetings and changes to dividend declarations. The JSE has issued several notes to alert and guide issuers and sponsors in this situation.
09 Apr 2020

Economic growth vital to ease Covid-19 'double crisis'

South Africa cannot afford to let the private sector alone continue ‘taking the pain’ of the devastating economic consequences of the Covid-19 pandemic – urgently needed reforms must include reducing state spending and cutting the huge public service wage bill.
09 Apr 2020

Keeping perspective in times of fear

The evidence is clear: starting valuations are a very important predictor of long-term returns. However, this insight gets lost in times of market panic when all the attention goes to reducing portfolio risk.

09 Apr 2020

COVID-19 drives Sub-Saharan Africa toward first recession in 25 years

Growth in Sub-Saharan Africa has been significantly impacted by the ongoing coronavirus outbreak and is forecast to fall sharply from 2.4% in 2019 to -2.1 to -5.1% in 2020, the first recession in the region over the past 25 years, according to the latest Africa’s Pulse, the World Bank’s twice-yearly economic update for the region.
09 Apr 2020

10 tips to (financially) survive retrenchment

It’s arguably one of the worst moments in anybody’s life. Retrenchment is just plain unpleasant, regardless of how much your company or organisation has tried to support you or minimise the emotional blow.

09 Apr 2020

You can still buy life cover during lockdown

You can still buy life cover in the time of coronavirus, even if you can’t do the blood test and medical examination right away.
09 Apr 2020

Finance and businesses in the time of COVID-19

The Covid-19 crisis has brought much of the world economy to a sudden stop. Millions upon millions of people are in lockdown across the world, preventing them from working, buying, producing and selling goods and services.

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