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Industry News

12 Sep 2019

Prescribed assets speculation: Don't make irrational decisions

Over the past few weeks, sensationalist media reporting around the issue of prescribed assets, has shaken the already-concerned South African investor. The onslaught of commercially and politically expedient news stories, detailing the potential consequences of prescribed assets, is causing some local investors to make fear-based decisions instead of sticking to rational, fact-based portfolio strategies.
12 Sep 2019

Global property fund celebrates three years of returns for investors

The Nedgroup Investments Global Property Fund has celebrated its three-year anniversary as one of the top-performing global property funds locally and internationally.
12 Sep 2019

Measuring the market impact of geopolitics

By: Keith Wade, Chief Economist & Strategist, Schroders and Irene Lauro, Economist, Schroders
11 Sep 2019

Brexit: 35% increase in investors seeking to reduce UK exposure since Johnson became PM

Since Boris Johnson became UK Prime Minister, there’s been a 35 per cent increase in investors seeking to reduce their exposure to UK assets – except UK property – reports one of the world’s largest independent financial advisory organisations.
11 Sep 2019

What will it take to achieve alignment behind real growth initiatives?

By Janina Slawski, Head of Investment Consulting – Alexander Forbes. There has been a significantly raised level of interest in the prescribed assets issue in the last few weeks. Questions are being asked on whether this would be preferable to an IMF bailout, Cosatu has come out in support of prescription, and President Ramaphosa has...
11 Sep 2019

How can life cover protect your business?

Life cover can step in and help to meet contractual obligations, pay off debts and support those left behind ensuring that they are cared for when the unforeseen happens. Sipho Dlamini and his business partner Mayra Banks own a small gym in Johannesburg, they know that their business and families could be faced with tough...
11 Sep 2019

Prescribed assets will threaten pension savings

The following speech was delivered in Parliament’s Debate on Prescribed Assets yesterday by the DA’s Geordin Hill-Lewis.  State-owned enterprises (SOEs) pose a “very serious risk” to the fiscus, Finance Minister Tito Mboweni said. Allow me to quote from a section of the budget speech delivered earlier this year: “Funding requests for SAA, SABC, Denel, Eskom...
11 Sep 2019

Spring-cleaning your insurance

Spring is sprung. Time to clean out your cupboards, pack away the winter wardrobe, and give some attention to your neglected garden. It’s also a great time to clean up your financial situation – starting with your insurance. Instead of just dusting around your insurance policies this year, take a good, long look at them...
10 Sep 2019

Momentum introduces safety alert for consumer peace of mind

Momentum Short Term Insurance has boosted its safety offerings for customers with the introduction of Safety Alert, an innovative emergency panic button linked to armed response, which is available on the Momentum app.
10 Sep 2019

IRR welcomes today’s debate on prescribed assets

The Institute of Race Relations (IRR) welcomes today’s debate in Parliament on the issue of prescribed assets, it says in a statement. The motion was brought by Geordin Hill-Lewis of the Democratic Alliance (DA), and follows statements by President Cyril Ramaphosa in Parliament that there should be debate on the issue of prescribed assets.

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