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Industry News

04 Sep 2019

Kieswetter gradually turning the SARS ship around

S Since the appointment of Edward Kieswetter as Commissioner of the South African Revenue Service (SARS) in May of this year, the organisation appears to have made great strides in gaining much-needed certainty and stability. However, there are still significant challenges ahead for the new commissioner, and the problems at SARS will not be corrected...
04 Sep 2019

SA at risk of a repeat of 2008 xenophobia crisis – IRR

Mob violence in Johannesburg and elsewhere in Gauteng highlights once again the consequences of governance and economic failure, says the Institute of Race Relations (IRR).
04 Sep 2019

The pound will rebound short-term but remains vulnerable and volatile

The pound will be rebounding in the short term as the UK Parliament seizes control to try and block a no-deal Brexit – but with major political chaos and a looming election, the currency remains vulnerable. This is the warning from Nigel Green, the CEO and founder of financial advisory firm deVere Group.
04 Sep 2019

Investment implication of climate change for pension funds

A publication by Alexander Forbes’s global strategic partner Mercer has revealed the stark realities of the impact of climate change on the planet, with devastating consequences on virtually everything from daily lives, to agricultural production and water resources.
04 Sep 2019

Evolution II Fund reaches final close at USD216 million

Inspired Evolution has successfully secured a further USD87.75 million in commitments from CDC Group Plc, Cyane Holdings Ltd, European Investment Bank, KLP Norfund Investments AS, Morgan Stanley Alternative Investment Partners and a US healthcare system to reach total capital commitments of USD216 million at final closing of its Evolution II Fund.
04 Sep 2019

It’s time to spring clean your finances

By: Lettie Mzwinila, Business Development Manager at Allan Gray
04 Sep 2019

Momentum Metropolitan delivers on its promises

Momentum Metropolitan Holdings, (formerly MMI Holdings), is making steady progress on the three-year Reset and Grow strategy it announced a year ago. The Group delivered diluted normalised headline earnings of R3.1 billion for the year ended 30 June 2019. This represents an increase of 53% on the prior year.
04 Sep 2019

OUTA asks Parliament for extension on NHI written comment deadline

The National Health Insurance (NHI) Bill is one of the most important pieces of legislation to be tabled in Parliament in recent years. It will have a profound impact on our health system and, indeed, our lives. It is therefore, essential that all forms of public participation be as exhaustive as possible. In light of...
04 Sep 2019

Discovery Group releases results for the year ended 30 June 2019

Discovery Group Chief Executive, Adrian Gore, today announced the performance of the Discovery Group for the year ended 30 June 2019.
04 Sep 2019

'General election UK 2019? Take action now to safeguard your wealth'

With the UK parliament plunged into a historic crisis, it is essential to take steps to safeguard your wealth, warns the boss of one of the world’s largest independent financial advisory organizations. The warning from Nigel Green, founder and CEO of deVere Group, comes as UK Prime Minister Boris Johnson lost the first round of...

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