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20 Feb 2019

BUDGET 2019: 'Government is not taking on Eskom’s debt'

Pouring money directly into Eskom in its current form is like pouring water into a sieve. That was the word from Minister of Finance, Tito Mboweni, today as he tabled the 2019 Budget in parliament.
20 Feb 2019

BUDGET 2019: The tax changes

Addressing parliament today, Minister of Finance, Tito Mboweni said in his maiden budget speech that fiscal prudence required some tax changes, adding that the tax measures for the 2019 Budget are designed to raise an estimated R15 billion in additional revenue in 2019/20. 
20 Feb 2019

BUDGET 2019: Tax revenue revised down

In his maiden Budget Speech today, Finance Minister Tito Mboweni said that tax revenue had been revised down by R15.4 billion in 2018/19 compared with the medium-term budget policy statement (MTBPS) estimates.
20 Feb 2019

BUDGET 2019: Measures proposed to narrow deficit

Today’s Budget 2019 tabled by Finance Minister Tito Mboweni, proposes tax and spending measures to narrow the consolidated budget deficit from a projected 4.5 per cent of GDP in 2019/20 to 4 per cent of GDP in 2021/22.
20 Feb 2019

BUDGET 2019: GDP growth revised down

Finance Minister Tito Mboweni today tabled the 2019 Budget, revising South Africa’s GDP growth forecast for 2019 to 1.5 per cent, from an estimated 1.7 per cent at the time of the 2018 medium-term budget policy statement (MTBPS). 
20 Feb 2019

Is age 45 too late to start saving for retirement?

Author:  Adriaan Pask, Chief Investment Officer, PSG Wealth In its simplest form, saving for retirement depends on three factors: time, contributions and returns. If you lag behind in one area, you’ll have to pick up the slack elsewhere. Although you can shift your focus between these three factors, you cannot neglect any of them for...
20 Feb 2019

How to thrive in the property investment arena

George Muchanya, Head of Corporate Finance at Growthpoint Properties, says the questions he is most often asked are: “Should I be invested in property at all?” – and if so, “should I invest in ‘bricks-and-mortar’ property or listed property shares?”
20 Feb 2019

SMEs severely impacted by load shedding

As Eskom rolls out load shedding, it is important to note that although the country is impacted as a whole, the implications for small and medium enterprises (SMEs) can be critical.
19 Feb 2019

The bears are at the door - and why we should embrace bear markets

By Paul Cluer, Managing Director at Foord Asset Management. One of the longest global bull markets in living memory wound down in 2018. What are bear markets and what do they mean for long-term investors?
19 Feb 2019

Reconciling the National Budget with your own

How the upcoming Budget Policy Statement can provide relief and what you can do to stay afloat.  High unemployment and rising fuel, electricity and water costs are just some of the reasons we’re having a tough time financially, says Kenosi Magosha, Head of Client Solutions Savings at Sanlam Personal Finance. Further to that, she cites...

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