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Industry News

02 Jul 2019

Do accountants need help with their own financial planning?

The demanding nature of the CA profession means that time is often a commodity. While the pressurised environment can start from as early as undergraduate level, this does pay off, with CAs earning an average salary of close to R500 000 pa once fully qualified. However, full-earning potential is only realised later in life, which can...
02 Jul 2019

The FPI announces the shortlist for the Financial Planner of the Year award

Hardi Swart, Craig Turton and Johan Swart would all be worthy recipients of the accolade – but only one can prevail when the winner is announced on 17 July.  The Financial Planner of the Year award is the highest accolade bestowed on financial planners in South Africa, and it represents the very pinnacle of the...
02 Jul 2019

Alternative investments can ward off lacklustre portfolio returns

Asset managers and financial advisers can address concerns about low returns from traditional asset classes by diversifying into alternative investments. Gavin Ralston, head of Official Institutions and Thought Leadership at Schroders, told financial advisers last month at the annual i3 Summit, hosted jointly by Sanlam Investments and Glacier by Sanlam, that they could deliver better...
01 Jul 2019

Momentum Securities appoints new CEO

Momentum Securities, MMI’s full-suite stockbroking business, has announced the appointment of Steven Schultz as the new Chief Executive Officer (CEO) with immediate effect.
01 Jul 2019

Crop Insurance: a vital tool minimising risk for South African farmers

The attitude of South African farmers towards crop insurance is changing as they realise that purchasing insurance is one of the most accessible ways in which they can manage risk in an occupation that is fraught with challenges and obstacles, says Old Mutual Insure.
01 Jul 2019

Tax season opens for eFilers and users of SARS MobiApp

Deputy Finance Minister, Dr David Masondo, and the Commissioner for the South African Revenue Service (SARS), Mr Edward Kieswetter, have launched Tax Season 2019 for taxpayers who use the updated digital channels, eFiling and the SARS MobiApp.
01 Jul 2019

Growthpoint Investec African Properties begins its acquisition trail into Africa

Growthpoint Investec African Properties (GIAP), the pan-African real estate investment business managed by Growthpoint Investec African Property Management, has begun executing on its strategy to aggregate a quality portfolio of prime income-producing commercial assets in select cities across Africa.
01 Jul 2019

Mark Savings Month by saving on your insurance premiums

No matter what your feelings about insurance are, your premiums are a necessary part of life to protect against loss, theft or damage. In a tough economic climate, consumers may be battling to afford premiums for their house, car or personal belongings, so with July being Savings Month, Absa idirect has some tips to help...
01 Jul 2019

Finding #crazywaystosave can make you happier this July Savings Month

July is Savings Month in South Africa, and this year the focus is going to be firmly placed on engaging our country’s youth with a theme of “#crazywaystosave.” The South African Savings Institute (SASI), with support from Absa and the IDC, launched July Savings Month 2019 on Friday, with discussions sparking a national conversation on...
01 Jul 2019

Absa PMI rose to 46.2 index points in June

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose to 46.2 index points in June 2019, up from 45.4 in May. The average level for the second quarter was 46.3 points, below the level recorded in the first quarter of 2019.

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