MoneyMarketing

Industry News

20 Sep 2019

Wills - keep them simple, and sweet

National Wills Week took place from 16 – 20 September – a time to take stock of your Will and to ensure it is up to date and accurate.  However, South Africans should not only think about their Will for this one week of the year.  It is essential to ensure your Will is up...
20 Sep 2019

Barriers to achieving financial literacy in South Africa

By Jaco Prinsloo, Certified Financial Planner at Alexander Forbes Financial Planning Consultants. South Africa’s people face unique financial challenges daily, including high unemployment, extreme poverty and anaemic economic growth. One challenge we can all overcome, is taking the first step to financial wellbeing by seeking to financially educate ourselves. Financial illiteracy is expensive Due to...
19 Sep 2019

Interest rates stability provides consumers and SMEs a window of opportunity: FNB

Following the South African Reserve Bank’s decision to keep interest rates unchanged, FNB confirms that it will maintain its prime lending rate at 10% and will review its position following the next SARB MPC meeting in November 2019.
19 Sep 2019

'Unchanged interest rates a lost opportunity'

Unchanged interest rates are a lost opportunity to send a more positive message to business and consumers.  That’s according to NWU Business School Economist, Professor Raymond Parsons.
19 Sep 2019

Are you being encouraged to invest sustainably?

Concerns over sustainability are growing; from tackling climate change, to social, health and technological progress. Sustainable investment funds can be a way to combine profit with positive impact.
19 Sep 2019

Are you ‘short-term insurance fit’?

By Bertus Visser, Chief Executive of Distribution at PSG Insure. With Spring in the air and the weather improving, many of us will be thinking of getting fit for the warmer months. As we prepare for fitness physically, we realise that there are similarities between exercising or going to the gym, and being ‘short-term insurance...
19 Sep 2019

Prescient achieves two significant milestones in its 21st anniversary year

Prescient Investment Management (Pty) Ltd has achieved two significant milestones in its 21st anniversary year: it has been included in the 27four BEE Survey for the first time and it has been recognised by PlexCrown as the leading South African asset manager of actively managed unit trust funds.
19 Sep 2019

Will the SARB cut rates today?

The South African central bank (SARB) is facing a difficult decision today: Should it lower its key rate by another 25 basis points or should it leave it unchanged at 6.5% in view of all the uncertainties (Moody’s rating decision, oil price development, fiscal policy risks, etc.) looming? “All in all, the economy is weakening...
19 Sep 2019

The future is factor investing

‘The Future is Factor Investing’ was the theme for the inaugural Satrix conference, hosted in Cape Town and Johannesburg last week. This event focused on factor investing as a solution to optimising outcomes in an increasingly challenging investment environment.
19 Sep 2019

SARS’ efforts to improve eFiling pay off

When the tax season commenced in July, the South African Revenue Service (SARS)  made it clear that it would increase its focus on enforcing taxpayer compliance. At the same time, the organisation also made significant progress in simplifying the filing process for taxpayers.

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