MoneyMarketing

Industry News

26 Feb 2020

BUDGET 2020: It may get worse before it gets better, but it will get better

In one of the Budget 2020 booklets entitled People’s Guide, Minister of Finance Tito Mboweni sums up the mood of today’s Budget Speech, when he states that the country’s finances are in a very precarious position given increasing demands and not enough resources.
26 Feb 2020

How SA businesses can survive the 2020s

Business operates in a time of unprecedented volatility across economic, social, technology and political trends, and as these trends evolve, business leaders can no longer rely on traditional business formulas for success.

26 Feb 2020

The 2020 Budget will be an exercise in balancing Treasury’s books

South Africa is in critical need of a concrete plan from Treasury for the 2020/21 financial year if it is to overcome its existing economic challenges.

25 Feb 2020

SA investors shy away from equities in 2019 unlike their international peers

The local Collective Investment Schemes (CIS) industry reported strong net inflows of R123.2 billion for 2019, despite recording a rare quarterly net outflow in the fourth quarter.
25 Feb 2020

Our views on equity style factors

The coronavirus outbreak has altered market dynamics since late January. One example: Quality has posted more muted gains after strong outperformance in late 2019. We stand by our tactical views on factors for now, including a modest overweight on quality.

25 Feb 2020

CPD and why it's vital to your career as an FSP

Continuous Professional Development is not a tick-box exercise to be taken lightly, rather, it's a regulatory exercise in the upkeep of professionalism and best practices for the greater industry and financial services providers. The Graduate Institute of Financial Sciences (GIFS) explains.
25 Feb 2020

SAIA successfully launches the third series of its Consumer Education Radio Programme

The South African Insurance Association (SAIA) has successfully launched the third series of its Consumer Education Radio Programme which commenced on Tuesday, 18 February 2020.

25 Feb 2020

Tax free property income funds: an attractive income stream for the future

The end of February marks the start of the new tax year and it’s time for investors in a Tax Free Savings Account (TFSA) to either make their lump sum investment of R33 000 or a series of regular investments in order to take full advantage of the tax benefits offered by SARS for these type of savings vehicles.

24 Feb 2020

Up-to-date information in the latest Tax Annuals

“Just be careful that you do not buy a rendition of a tax Act, based not upon the 2019 Acts but the 2019 Bills … it might end your career”, warns author and tax professional, Costa Divaris who has identified at least 40 differences between the annual amending bills approved by Parliament and the Acts promulgated on 15 January 2020
24 Feb 2020

Momentum Investments hedge fund recognised at prestigious industry event

After delivering a strong return for 2019, Momentum Investments received the coveted award for the best fund of hedge fund in the 2019 Fund of Hedge Funds category for its Momentum RCIS ZAR Diversified Qualified Investor Fund of Hedge Fund at the 2019 HedgeNews Africa Awards held in Cape Town last week.

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