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Industry News

16 Nov 2018

Brexit: All options on the table

By Robert Lea, Head of Global Equity Research at Ashburton Investments. As divides widen and the ultimate outcome of Brexit remains uncertain Head of Global Equity Research, Robert Lea, looks at where the UK goes from here. Review Theresa May secured sign-off on the draft Brexit agreement from her Cabinet late last night. However, her...
15 Nov 2018

Weighing up the risks in South Africa’s historical moment in the land debate

Hot on the heels of President Ramaphosa telling the European Parliament yesterday that South African land reforms will be enacted in adherence to the country’s Constitution, the joint constitutional review committee has formally recommended today that section 25 of the Constitution be amended to allow for expropriation of land without compensation.
15 Nov 2018

JCRC adopts report in favour of amendment of section 25 of the Constitution

The Joint Constitutional Review Committee (JCRC) today adopted its report in favour of an amendment of section 25 of the Constitution to make it possible for the state to expropriate land without compensation in the public interest.
15 Nov 2018

IASB delays insurance contract rules for one year: PwC comments

Commenting on the decision from yesterday’s IASB (International Accounting Standards Board) meeting, subject to the IASB’s due process, that the IFRS17 insurance accounting standard will be delayed by one year and the extension of the deferral of IFRS 9 to the same date, Alex Bertolotti, IFRS17 leader at PwC, said: “Yesterday’s announcement of a one-year...
15 Nov 2018

Agri SA blasts recommendation to amend Constitution

The recommendation of the Constitutional Review Committee on the amendment of section 25 is diametrically opposed to the crucial goals of protection of property, economic stability, job creation, investor confidence and sustainable agrarian reform.  This is they view of Agri SA expressed in a statement today.
15 Nov 2018

How politics is driving the value of the rand

By Bianca Botes, Corporate Treasury Manager at Peregrine Treasury Solutions. In recent years the financial market landscape has changed dramatically, and the way we analyse countries and their risk has followed suit. Over the past few years, investors have proved that regardless of the economic soundness of a particular nation, political stability is now a...
14 Nov 2018

Discovery introduces the world’s first behavioural bank

Financial services company, Discovery, today announced details of its new banking offering. Described as the world’s first behavioural bank, the fully digital bank leverages Discovery’s Shared-Value model, and can be joined from March 2019 by anyone with a smart phone. “Discovery Bank presents the latest manifestation of our core purpose of making people healthier and...
14 Nov 2018

The state of the South African retirement crisis

A guaranteed income for life and leaving money for children and grandchildren are the most important needs for South Africans when reaching retirement. This is according to Just Retirement Insights, independent research commissioned by Just in which South Africans between the ages of 55 and 85 years in the major metropolitan areas were interviewed. When...
14 Nov 2018

Considering cancelling your medical cover? Three costly consequences

By John Cranke, Financial Adviser, PSG Wealth Employee Benefits Midlands With monthly costs mostly on the up, many households may look to cutting their medical cover to reduce expenses, with some re-routing monthly premiums into shorter-term savings for an emergency fund.
14 Nov 2018

FISA Bursary Trust launched; applicants sought

The FISA Bursary Scheme Trust was launched at the 8th Annual Conference of the Fiduciary Institute of Southern Africa (FISA) in September 2018.

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