MoneyMarketing

Industry News

31 Jan 2020

FSCA warns the public against fraudulent FSCA correspondence

The Financial Sector Conduct Authority (FSCA) warns the public to be cautious of fraudulent messages from entities impersonating the FSCA. The FSCA has become aware of emails purporting to be from ‘FSCA COMMUNICATIONS’ misleading customers or offering them opportunities to receive financial services provider (FSP) licences. These emails have no connection to the FSCA and...
31 Jan 2020

Today's implementation of Brexit and implications for SA

Although the implementation of Brexit tonight obviously marks an historic fork in the road in the economic relations between the UK and the EU, not much will change in the immediate future.
31 Jan 2020

African markets worth watching in the private equity space in 2020

Private equity in Sub-Saharan Africa is off to a reasonably good start in 2020, with news of the year’s first deals coming through even before the month of January was out. Homing in on some sectors and markets worth watching from a private equity perspective are Paras Shah in Kenya, Fazil Hossenkhan in Mauritius, John...
30 Jan 2020

IMF Executive Board Concludes 2019 Article IV Consultation with South Africa

On January 24, 2020, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with South Africa, it said in a statement.
30 Jan 2020

The heart of giving: minding the gender gap in CSI

Women have made massive strides in the workplace in recent years, indicating an ability and aptitude to climb the ladder and become highly effective business leaders.
30 Jan 2020

Pound up, FTSE down - but sit tight and wait for Budget, investors warned

The pound strengthens and the FTSE faces losses on the Bank of England’s decision to leave interest rates unchanged – but investors should sit tight and wait for the 2020 Budget in March.
30 Jan 2020

Fairtree Scoops Raging Bull Silverware for Third Year Running

Fairtree scooped another Raging Bull award, for the third year running in the equity category in a competition that recognises superior performance by unit trust fund managers in selecting investments for their portfolios, taking into account consistency and aversion to risk. The award ceremony, held in Cape Town earlier this week, honoured unit trust companies...
30 Jan 2020

How to ‘celebrate’ Car Insurance Day

It’s Car Insurance Day on 1 February – and it’s time to throw a huge insurance party. Invite your friends. Switch on those desk-top disco lights. Pour a strong coffee. And get down to reviewing your car insurance to make sure you’re properly covered.
30 Jan 2020

A 39% cumulative return over three years drives consecutive award for Sasfin

The Sasfin BCI Flexible Income Fund won again at the prestigious Raging Bull Awards this week. The Fund, managed by Philip Bradford, won the award for Best South African Multi-Asset Income Fund over 3 years ending December 2019, by generating a cumulative return of 39% for the period.
30 Jan 2020

Momentum Investments recognised at prestigious industry event

Momentum Investments has been recognised by the Raging Bull Awards at the annual event held in Cape Town earlier this week.

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