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Industry News

04 Feb 2019

Stepping up your retirement savings – RA or employer fund?

By Gielie de Swardt, head of Retail Distribution at Sanlam Investments. The end of the tax year is just around the corner and smart investors are doing the calculations to find out exactly how much they can still put into their RA before the gates to tax-relief paradise slam tight – for this year. The...
04 Feb 2019

What SA can expect from the SONA

The State of the Nation Address (SONA), scheduled for Thursday 7th February, will be delivered by President Cyril Ramaphosa against a backdrop of economic underperformance, high unemployment, depressed business confidence and rising government debt levels.
04 Feb 2019

12 things you need to know about the Section 12J tax incentive

By Jonti Osher and Dino Zuccollo, Westbrooke Alternative Asset Management, South Africa’s largest Section 12J manager Section 12J (s12J) is no longer a new alternative asset class. From relative obscurity, this investment option has gained significant traction among individuals and businesses seeking to reduce their tax liability as well as to find alternative sources of...
01 Feb 2019

Eskom concludes a R15bn loan facility with a consortium of lenders

Eskom has concluded a R15-billion credit facility with a consortium of local and international banks, it said in a statement this afternoon, adding that the government guaranteed facility will form part of the financing of Eskom’s current capital expenditure programme.
01 Feb 2019

Santam secondary lists on A2X today

Santam (share code: SNT) shares begin trading on A2X Markets today. The general insurer with a market cap of more than R34 billion, retains its listings on the JSE and the Namibian Stock Exchange and its issued share capital will be unaffected by the listing on A2X.
01 Feb 2019

Investors forecast returns of 9.9% – millennials expect more

A major global study conducted by Schroders has found investors expect their portfolios to return nearly 10% annually over the next five years.
01 Feb 2019

Overcoming the obstacles around the insurance conversation for young earners

It’s not surprising that many young earners struggle to see the immediate value of a long-term policy, choosing to believe their income is better spent on today’s more pressing concerns. A large part of this points to the various misconceptions handicapping the industry.
01 Feb 2019

Momentum Investments walks away with three top awards at prestigious industry event

Momentum Investments has been recognised by the Raging Bull Awards – lauded as the Oscars of the asset management industry – for top performance in three categories at the esteemed event held in Cape Town on Wednesday night.
01 Feb 2019

Global equity markets: What's in store for 2019

2018 was the S&P 500’s worst year (-6.2% YoY) since 2008, while the MSCI World Equity Index dropped 10.4% YoY. For the first time in years, all major global asset classes produced negative real returns. Emerging markets (EMs) bore the brunt of the risk-off environment, with the JSE All Share Index closing 2018 with a...
31 Jan 2019

Bonds to easily outperform inflation this year

Ashburton Investments’ head of fixed income Albert Botha expects South African bonds to comfortably outperform inflation this year with an expected return of about 10% for longer dated bonds. 

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