MoneyMarketing

Industry News

26 Nov 2019

22% of South Africans invest sustainably: Study

MoneyMarketing recently attended a Schroders event in Johannesburg – more about this in our January 2020 issue – as well as some exciting news about the Schroder ISF Global Sustainable Growth fund.
26 Nov 2019

What’s up with Suptech?

By Richard Rattue, MD, Compli-Serve SA. Shaking up data collection and analysis as we’ve not yet seen in financial services, ‘Suptech’ is not just another buzzword. This term refers to Supervisory Technology and more specifically, artificial intelligence that can seamlessly sort through data to spot any smoke before fires breakout. 
26 Nov 2019

Luno outlines reasons for Bitcoin’s six-month price low

In what has been a tough week for cryptocurrencies, the price of Bitcoin dropped to its lowest level in six months. The current price on the country’s most popular cryptocurrency exchange, Luno, is R114 851 after a week of sustained downward pressure. 
26 Nov 2019

An app to improve the behaviour of road users

While South Africa continues to face a challenge with young drivers who are notoriously recognized as ‘unsafe and aggressive’ on the roads, Momentum Short-term Insurance (MSTI) is determined to assist in curbing such behavior by encouraging and rewarding safer driving habits through its Safe Dayz™ app feature.
26 Nov 2019

Five insurance tips for entrepreneurs

With access to finance being one of the key obstacles for entrepreneurs in South Africa, business insurance often seems like an unnecessary cost. However, insuring your assets, as well as your ability to continue to operate, is critical for small businesses, says MiWay Business Insurance.
26 Nov 2019

Provider trust protects special needs dependents when you pass away

Worrying about who will take care of your children after you die is a very real concern for most parents. For those with dependants who have special needs or disabilities, securing their financial future is even more important.
26 Nov 2019

What now? I have been breached

By Corien Vermaak, Cyber Security Specialist, Cisco South Africa. Recently we have seen an increase in cyber-attacks, both locally and globally. People are becoming more aware of the impact of data breaches. Yes, we all feel at risk, and with several companies breached being close to home, I have been asked many times what to...
25 Nov 2019

IMF team concludes visit to SA

An International Monetary Fund (IMF) team led by Ana Lucía Coronel visited South Africa during November 6-21, 2019 to conduct its regular Article IV consultation activities. Discussions focused on the economic performance and outlook; policies to strengthen economic stability; and reforms to reinvigorate private investment, growth, and job creation. Main findings of the IMF as...
25 Nov 2019

Major mistakes South Africans are making when investing offshore 

As South African investors increasingly opt for taking money offshore as worries about the political and economic future mount, they are frequently making costly mistakes which could undermine the very benefits of investing overseas. 
25 Nov 2019

S&P decision 'widely expected'

On November 22, S&P Global Ratings revised its outlook on South Africa to negative from stable. At the same time, the ratings agency affirmed the ‘BB/B’ long- and short-term foreign currency sovereign credit ratings and the ‘BB+/B’ long- and short-term local currency sovereign credit ratings. The transfer and convertibility (T&C) assessment is ‘BBB-‘.  S&P also...

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