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Industry News

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.

24 Feb 2020

Budget 2020: Stuck between a rock and a hard place

A revenue shortfall of R50bn was announced in the Medium-Term Budget Policy Statement (MTBPS) in October 2019, and this sets the scene for the 2020 Budget.

24 Feb 2020

Profile Media announces investor ebooks

Profile Media announced today that the latest issue of the popular Stock Exchange Handbook – Issue 1 2020 is now also available as an electronic book (ebook).
24 Feb 2020

Budget 2020: SA’s choices amidst fiscal consolidation failure

South Africa took a wrong turn at its fiscal crossroads a number of years ago, and the road taken has led us to chronic budget shortfalls and a growing debt burden.
24 Feb 2020

Coronavirus-triggered market correction could hit complacent investors

Investors remain complacent about an imminent Coronavirus-triggered market correction of up to 10 per cent, warns the CEO of one of the world’s largest independent financial advisory organisations.
24 Feb 2020

Financial planning is a must-have

South Africans are indebted as they consistently depend on credit cards to pay for day-to-day expenses. This year’s State of the Nation Address (SONA) speech delivered by President Cyril Ramaphosa made mention of starting a sovereign wealth fund to “preserve and grow the national endowment of the nation”.

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