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Industry News

24 Feb 2020

Do your homework: How to assess potential Section 12J investments

As there are more than 180 Section 12J (12J) venture capital companies which have been registered with SARS, each offering at least five underlying investments, it’s become increasingly difficult for investors to determine which one should be selected.
24 Feb 2020

It’s time to act on POPIA

The uncontrolled data growth urgently requires new corporate policies for data storage and retention. The information regulator is pushing for the remaining provisions of the Protection of Personal Information Act (POPIA) to be finalised and come into effect by 1 April 2020.
24 Feb 2020

Budget 2020 and possible tax hikes

If Finance Minister Tito Mboweni announces significant changes to individual taxes during his Budget speech on February 26 it could have wide-ranging implications for South Africa’s heavily burdened tax base.

22 Feb 2020

RA or TFSA? Which is better?

It’s nearly the end of the tax year and across the industry investors are urged to max out their tax-free savings account (TFSA) and retirement annuity (RA) before 29 February 2020.

22 Feb 2020

2020 National Budget Speech – time for decisive action

The Minister of Finance, Tito Mboweni, faces a tough challenge in presenting the National Budget Speech on the 26th of February.

22 Feb 2020

Budget 2020 - Navigating a challenging path to a sustainable fiscal position

The challenges facing the South African (SA) economy are well documented, and perhaps larger than any faced in the post-democratic history of the country.
22 Feb 2020

Budget 2020 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.

21 Feb 2020

FSCA warns the public against Zoom Executive Investments (ZEI)

The Financial Sector Conduct Authority (FSCA) warns the public against doing financial services business with Zoom Executive Investments.

21 Feb 2020

Momentum reviews its personal cover, offers even more protection

Momentum Short-term Insurance (MSTI) reviews its Policy Wording document regularly to ensure it continues to offer premium cover options that are competitive and serve its clients better.

21 Feb 2020

JSE to evolve Green Bond Segment to all-encompassing Sustainability Segment

In an effort to drive sustainable investment and development, the Johannesburg Stock Exchange (JSE) aims to expand its current Green Bond Segment by introducing a Sustainability Segment.

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