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06 Feb 2019

Budget Speech 2019 could bring SA some good news

The upcoming National Budget Speech for 2019/20 could be a seminal moment for South Africa’s Treasury. The possibility exists that the country may see the impactful tax changes that have been made over the past two years, begin to bear fruit. 
06 Feb 2019

Be warned – your retirement benefits may not end up where you plan

If you are formally employed you might have been required to join your companies contracted retirement scheme, and they would have asked you to nominate a beneficiary for the proceeds in case you die before retirement. However, if you chose a beneficiary that is not your dependant then the chances are that the retirement fund...
06 Feb 2019

Finance professionals have to tech-up within the next three years

Most finance teams and professionals are not evolving their skills fast enough to account for the impact of artificial intelligence, robotic process automation and other technologies according to Re-inventing finance for a digital world, a study released by the Chartered Institute of Management Accountants (CIMA).
06 Feb 2019

Top tips for provisional tax payers

The second provisional return for the tax year 1 March 2018 till 28 February 2019 is ‘backward looking’, says Marc Sevitz, co-founder of TaxTim.
05 Feb 2019

Save money by topping-up your retirement annuity – or by investing today

As the end of the South African tax year approaches, you have the opportunity to get a contribution to your retirement savings from the government. One way to do so is by topping up your retirement annuity (RA) or by investing in a new RA if you haven’t yet. Not only will you reduce your...
05 Feb 2019

Sourcing alternative returns in uncertain markets

By Dean de Nysschen, research and investment analyst at Glacier by Sanlam. The introduction of Section 12J investments has provided local investors with a very unique opportunity to invest in tax-deductible investment vehicles. The South African Government added Section 12J to the South African Income Tax Act in 2009 – in an effort to afford...
05 Feb 2019

BUGDET 2019: Budget to prioritise political realities over fiscal discipline

Gavin Smith, head of Africa at devere Acuma, looks at his expectations of the February Budget Speech to be delivered by the Finance Minister later this month.
05 Feb 2019

A2X approved to secondary list ETFs and ETNs on its platform

A2X has been authorised to secondary list exchange traded funds (ETFs) and exchange traded notes (ETNs) on its platform from Monday, 4 February 2019.
04 Feb 2019

Franklin Templeton receives certificates for top performance at Raging Bull awards

Franklin Templeton was presented with two top performance certificates at the 23nd annual Raging Bull Awards ceremony in Cape Town on January 30, 2019. This ceremony is South Africa’s premier event honouring the stars and achievers of the unit trust industry.
04 Feb 2019

Corruption Watch files delinquency application in bid to hold Eskom board members accountable

Corruption Watch, in the wake of  what it has called ‘longstanding poor governance’ at Eskom, has launched an application in the High Court in Pretoria, to have former Eskom board members declared delinquent. In a statement, Corruption Watch says that the application, which is brought in the public interest in terms of section 157(1)(c) of...

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