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Industry News

12 Jun 2019

Cancer survivors in the workplace

A cancer diagnosis will impact your health, your family and also your ability to do your job. Head of Alexander Forbes Health Management Solutions, Myrna Sachs, discusses what happens to cancer survivors when they return to work.
11 Jun 2019

South Africa’s moderate majority share the same hopes and ideals

Today the Institute of Race Relations (IRR) releases the latest in its series of Hope Reports as part of its campaign to unite the moderate majority of South Africans.
11 Jun 2019

Black Tax: What to look out for

Wealth creation is elusive when one earner supports many – this is the current dilemma faced by many young black South Africans when it comes to Black Tax, a term coined by many to define financial support to extended family within black communities.
11 Jun 2019

Computer Equipment Used for Cryptocurrency Mining Won’t Be Insured, Old Mutual Warns

The world of cryptocurrencies or digital currencies is growing rapidly as digitisation continues to disrupt the financial services industry. Mining these cryptocurrencies usually requires expensive computers, servers and other equipment. It is important for people to note many insurers do not insure this equipment due to the unregulated nature of crypto mining.
11 Jun 2019

How to structure your portfolio with a mix of tax-free products

South Africans who wish to build an investment portfolio should get professional advice to ensure that they take advantage of all the available tax benefits and get a good return on their investment.
10 Jun 2019

Meaningful employee financial literacy requires going beyond default regulations

The default retirement fund regulations introduced in March this year are aimed at supporting members of retirement funds to make better decisions at various points during their working lives, ultimately helping them to be financially independent when they retire.
10 Jun 2019

Allianz: Shipping losses lowest this century, but incident numbers remain high

Large shipping losses are now at their lowest level this century having declined by over 50% year on year, according to Allianz Global Corporate & Specialty SE’s (AGCS) Safety & Shipping Review 2019. The annual study analyzes reported shipping losses over 100 gross tons (GT).
10 Jun 2019

South Africa's first-quarter GDP contraction will weigh on banks' and sovereign's credit profiles

By Lucie Villa, Moody’s Vice President – Senior Credit Officer and lead sovereign analyst for South Africa. On 4 June, Statistics South Africa released data showing first-quarter 2019 GDP contracted 3.2% on a seasonally adjusted and annualised basis (or by 0.8% on a non-annualised basis) from fourth-quarter 2018.
07 Jun 2019

FSCA files court papers to review Public Protector’s report

The Financial Sector Conduct Authority (FSCA) today issued a statement in which it said that it had filed papers in the North Gauteng High Court requesting the court to review and set aside the report by the Public Protector (PP), in which she made findings of impropriety and maladministration against the Financial Services Board (now...
07 Jun 2019

A government at war with itself: SACCI

The post ANC NEC Lekgotla announcements, pronouncements and denouncements are precisely the problem that should be avoided at all costs, as all these cause markets instability. This is according to the CEO of the South African Chamber of Commerce and Industry, (SACCI), Alan Mukoki.

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