MoneyMarketing

Industry News

13 Mar 2020

Covid-19 now poses ‘a clear and present danger’ to the SA economy

Market trends and other economic data confirm that the coronavirus pandemic (Covid-19) now poses ‘a clear and present danger’ to the SA economy, even though only 24 cases have so far been reported here as positive.
13 Mar 2020

Global market sell-off will ease with some investors set to ‘make a fortune’

The sell-off on global stock markets will ease as liquidity measures are rolled out – and some investors will make a fortune from the volatility – affirms Nigel Green, the chief executive and founder of deVere Group.
12 Mar 2020

1nvest Wins SA’s Top ETF Award

1nvest, the Standard Bank Group’s specialist index tracking fund provider, has won at the prestigious South African Listed Tracker Funds Award (SALTA).

12 Mar 2020

Old Mutual launches new website for SA customers

As part of its ongoing drive to enhance customers’ experience through digital innovation, Old Mutual has launched a smart new website for users in South Africa.
12 Mar 2020

COVID-19: An insurance minefield

With reports that more than half of companies around the world do not have effective business continuity plans in place to combat an infectious disease outbreak like COVID-19 and the virus starting to take a stronger foothold in South Africa, businesses must do more to prepare themselves for the repercussions this could have on operations.
12 Mar 2020

Retirement funds can help to give savings momentum

Government’s attempt in the recent budget speech to encourage South Africans to save more is welcomed. The annual investment limit in Tax Free Savings Accounts was increased from R33 000 to R36 000. However, this move is unlikely to spark any real change in South Africans’ savings behaviour. We are clearly not a nation of savers...
12 Mar 2020

COVID-19: The best move an investor can make is no move

The arrival of the Coronavirus (Covid-19) in South Africa last week and the subsequent confirmation of 17 positive cases has amplified the anxieties of local investors saving towards their retirement. While the outbreak is certainly unsettling, South Africans must resist the urge to panic when it comes to their investments. This is according to Andrew...
12 Mar 2020

Coronavirus and medical scheme benefits in South Africa

While it has been reported that a virus like COVID-19 would not usually be covered as a prescribed minimum benefit condition, where the virus amounts to an emergency condition then it will fall within the PMB legislation.
11 Mar 2020

SALTA Awards - all the winners

The organisers of the annual SALTA Awards are pleased to announce the winners of this year’s Annual Awards made to issuers of JSE listed Exchange Traded Funds (ETFs) for investment performance and index tracking excellence for the year ended December 2019.

11 Mar 2020

Finding calm in the 2020 global investing storm

It takes an adaptable and robust investment management process to successfully navigate through the high levels of volatility and unpredictability of the financial markets over the last few years.

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