MoneyMarketing

Industry News

28 Feb 2020

Investec Asset Management takes top honours at Morningstar Awards

Investec Asset Management scooped the top prize at last night’s Morningstar South Africa Fund Awards, winning the award for Best Fund House: Large Fund Range. The award recognises the fund house that has added the most value for investors within their relevant peer group for both 2019 and over longer time periods*.
28 Feb 2020

Morningstar Announces 2020 South Africa Fund Award Winners

Independent investment research company Morningstar Research (Pty) Limited, a subsidiary of Morningstar, Inc. (NASDAQ: MORN) has named the winners of its 2020 South Africa Fund Awards.
28 Feb 2020

Sasfin nets multiple awards within a month

After last month's win at the Raging Bull Awards, once again Sasfin Asset Managers and Philip Bradford took top honours at last night’s Morningstar 2020 South Africa Fund Awards held in Cape Town.
28 Feb 2020

Global sell-off could be seen by investors as best buying opportunity in a decade

The worst global market sell-off since the 2008 crash will become an important buying-opportunity for investors, affirms the chief executive of one of the world’s largest independent financial advisory and services organizations.
28 Feb 2020

National Treasury takes a view on financial emigration

Not surprisingly, there has been an outflow of South Africans in recent years for various reasons, a top reason being the punitive “expat tax” regime promulgated in December 2017, and effective 1 March 2020.
27 Feb 2020

Budget 2020 - Reaction: National Treasury is willing to make hard choices

The 2020/21 Budget shows National Treasury is willing to make hard choices during difficult times. This is according to Johann Els, Old Mutual Investment Group Chief Economist, who says that Minister Mboweni’s statement is likely to lift business sentiment and ease some pain for long-suffering consumers.
27 Feb 2020

Good budget, but risky strategy

Finance Minister Tito Mboweni appears to have managed the almost impossible, presenting a budget in which there are not only no increases in taxes, but for the first time in years, also full inflation adjustments for bracket creep, which should inject R14 billion into the economy.

26 Feb 2020

BUDGET 2020 - Reaction: Cosatu disappointed

COSATU notes with extreme disappointment the underwhelming and provocative 2020/21 Budget tabled by Minister Mboweni in Parliament today.

26 Feb 2020

BUDGET 2020 - Reaction: Some tax relief in Budget

This year’s highly anticipated Budget Speech, delivered by Finance Minister Tito Mboweni, signalled relief mostly for cash-strapped consumers and taxpayers.

26 Feb 2020

BUDGET 2020 - Reaction: Real opportunities for cash-strapped South Africans

South Africans have reason to be positive about the opportunities which were presented to them in the National Budget by Finance Minister Tito Mboweni, says Kenosi Magosha, Head of Client Solutions at Sanlam Savings.

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