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Industry News

02 Aug 2019

Stemming SA's rising unemployment tide

Government, business and labour should urgently look to progressive international labour laws to stop the rising tide of unemployment, says renowned labour expert.
02 Aug 2019

FIA Intermediary Experience Awards winners announced

Over 500 Industry suppliers, intermediaries and press attended the FIA  Intermediary Experience Awards, held at the Maslow Hotel in Sandton last night.
01 Aug 2019

Your relationship could be your biggest financial risk

In love today, married tomorrow, but divorce is happening ever more regularly, and your relationship could place you at financial risk.
01 Aug 2019

Treasury: Increase in weekly bond auction levels

In line with the announcement made by the Minister of Finance in the special appropriation bill speech on 23 July 2019, additional financial support to Eskom and the preliminary indication of tax revenue shortfall relative to 2019 Budget has resulted in a revised funding strategy and an increase in government borrowing requirement for 2019/20. This...
01 Aug 2019

The A-Z of mental health in the office

In 2018, mental disorders (13%) were the third most claimed for income protection category, according to Sanlam’s Claim Statistics. Overall, mental disorders account for 13% of the global burden of disease. In South Africa, one in three people has some form of mental disorder according to SADAG.  With so many experiencing anxiety, depression or other...
01 Aug 2019

Markets are rocked by Federal Reserve – but the Chair made the right call

President Trump is angry and financial markets are disappointed with the U.S. Federal Reserve’s statement on interest rates yesterday – but the Fed Chairman made the right call, says Nigel Green, founder and CEO of deVere Group.
01 Aug 2019

Meet tech lawyer Fatima Ameer-Mia

Born and bred in Cape Town, Fatima Ameer-Mia is a Director at Cliffe Dekker Hofmeyr’s Technology, Media & Telecommunications practice, where she specialises in commercial, information technology, intellectual property and data protection law – areas that are notoriously male-dominated.
01 Aug 2019

How will your clients’ employees death benefits be distributed?

By: Nashalin Portrag, Head of FundsAtWork at Momentum Corporate The main purpose of a retirement fund is simple: build up enough retirement savings during your working years so that you are able to continue living the lifestyle you have become accustomed to when you retire. Retirement planning is therefore the simple concept of planning financially...
01 Aug 2019

Absa PMI rose to 52.1 index points in July

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) measured 52.1 index points in July, up from 46.2 in June. This is the first reading above the neutral 50-point mark since December 2018 with the improvement well supported by the underlying subcomponents. Four of the five major subcomponents came in above the neutral 50-point mark, signalling...
01 Aug 2019

Fed decides to cut US interest rate

There were no real fireworks yesterday when the Fed decided, much to the market anticipation, a cut of 25 basis points to the US interest rate, says Andre Botha, Senior Dealer at TreasuryONE.

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