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Industry News

29 Oct 2018

UFS School of Financial Law Planning gets global accreditation

The University of Free State School of Financial Planning Law has set the bar as a leader in the field fiduciary-services education in South Africa.
28 Oct 2018

Technology makes financial services more affordable

By Sebastian Commin, Specialist: Digital Enablement at Alexander Forbes Retail. We live in a world where information is at our fingertips. You can book a ride, order food and plan an entire holiday on your phone. Technology is changing the way we live, with a massive impact on how we build products to meet this...
26 Oct 2018

Momentum launches multiply money app

Multiply by Momentum has launched Multiply Money – a Multiply benefit which sees members earning real cash by doing the things they do every day.
26 Oct 2018

What the Investment Summit needs to do - IRR

Rather than more deliberation, South Africa needs a reorientation of its policy trajectory if it hopes to attract the investment that will secure South Africa’s economic future. That’s the word from the Institute of Race Relations (IRR).
26 Oct 2018

Winners announced at the 17th annual JSE Spire Awards

The Johannesburg Stock Exchange (JSE) is proud to announce the winners of the 17th prestigious Spire Awards. The annual award ceremony is seen as the benchmark for the South African Capital Markets as it recognises and celebrates achievements voted for by the market.
24 Oct 2018

MTBPS: When will SA turn the corner?

By Reza Hendrickse, Portfolio Manager at PPS Investments. The 2018 Medium Term Budget Policy Statement (MTBPS) has been aptly titled “The Economy at a Crossroads”, with Government facing difficult decisions in a tough economic environment. Recently appointed Finance Minister, Tito Mboweni, delivered his maiden MTBPS which spoke to some of these difficult decisions and ultimately...
24 Oct 2018

MTBPS: Take-outs from Mazars

Corporate Taxes: By Mike Teuchert, National Head of Taxation at Mazars Corporate tax revenue collections were R6 billion lower than what was estimated, which is a result of the technical recession and in line with the current GDP growth outlook. Investment in South Africa’s corporate sector also continues to be strained, which is also a...
24 Oct 2018

Medium Term Budget backs Ramaphosa’s stimulus plan

By Arthur Kamp, economist at Sanlam Investments.  Government’s 2018 Medium Term Budget Policy Statement (MTBPS) provides clear links between the medium-term expenditure statement on the one hand and, on the other hand, President Ramaphosa’s five growth enhancing reforms, namely: reprioritisation of expenditure support for job creation establishment of an infrastructure fund addressing pressing problems in...
24 Oct 2018

Has the Medium-Term Budget Policy Statement done enough to appease Moody’s?

Ian Matthews, head of business development and special projects at Bravura, comments on the medium-term budget policy statement (MTBPS) which was issued this afternoon.
24 Oct 2018

MTBPS: A to-the-bone honest budget

Maarten Ackerman, Chief Economist and Advisory Partner, Citadel Wealth Management. It was clear going into this Medium Term Budget Policy Statement (MTBPS) that is was going to be much tougher than previous years, simply because economic growth and tax revenues are so much worse than had been forecast. Economic growth expectations for 2018 have been...

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