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Industry News

08 Jan 2018

Misrepresenting matric results is fraud

Last week Minister of Basic Education, Mrs Angie Motshekga, MP, announced the matric pass rate of 75.1%1. While well-earned congratulations are due to all successful matriculants, unsuccessful candidates are urged not to despair as there are opportunities for them to still secure their qualifications – and that an honest approach is better than the risk...
07 Jan 2018

Investors will need 'risk assets' to beat inflation in 2018

Investors now have little alternative but to support risk assets if they want to beat inflation.  This is according to Tom Elliott, International Investment Strategist at deVere Group. Global stock markets entered 2018 with positive momentum, including the Dow Jones which has surpassed 25,000 for the first time in history.
03 Jan 2018

Education – Planning for the New Year

Ensuring that you give your child a quality education costs money – and it is often the kind of money that most of us simply do not have.
02 Jan 2018

OMEM appoints Troskie as Financial Director

Old Mutual Emerging Markets (OMEM) has appointed Casper Troskie as Financial Director (FD) effective 01 April 2018. This follows Mike Ilsley stepping down as FD in November 2017 due to health reasons. “Casper will also become FD-Designate for Old Mutual Limited (OML), the new South African holding company which is planned to be listed on...
02 Jan 2018

Troskie resigns from Liberty Holdings

Liberty Holdings has announced that the Group Finance Director Mr Casper Troskie has relinquished his position with the company and resigned from the board to join a competitor of Liberty.
22 Dec 2017

Investing lessons from 2017

By Anet Ahern, CEO, PSG Asset Management. Say no to the narrative, not the opportunity It’s easy to get caught up in market narratives. When news flow is good and sentiment positive, investors tend to buy popular securities at any price, paying little attention to valuation and risk. When news is bad and share prices fall,...
21 Dec 2017

2018 offers investors optimism – but they need to proceed with caution

Faster global GDP growth, continuing loose global monetary policies, and U.S. tax cuts will help make 2018 a profitable year for investors. But there are also some important headwinds on the horizon, warns the CEO of one of the word’s largest independent financial advisory organisations.
21 Dec 2017

Appointment of provisional liquidators for COMMED

The Master of the High Court has appointed Ralph Lutchman, Beneste Dicks and Phuti Dibete of Concord Administrators (Pty) Ltd as provisional liquidators to manage the winding up of the Community Medical Aid Scheme (COMMED), the Council for Medical Schemes (CMS) said in a statement today. The appointment of the provisional liquidators on 27th November...
20 Dec 2017

Happy Holidays !!

On behalf of the MoneyMarketing team, I wish you a happy holiday season. If you’re travelling on our roads, I wish you a safe journey. And stick to your budget: no reckless spending allowed !! We look forward to bringing you more investing views and insurance news in 2018. Janice Roberts Editor: MoneyMarketing  
20 Dec 2017

Allianz appoints EA and Underwriter

Allianz Global Corporate & Specialty (AGCS) Africa appointed Peter Mashamaite as an Executive Assistant to CEO and Head of Market Management Thusang Mahlangu effective December 1, 2017. Ryan Brown, who joined the insurer’s internship program almost 18 months ago, has been appointed permanently as a Junior Property Underwriter from November 1, 2017.

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