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Industry News

13 Dec 2017

Inflation eases to 4.6%

By Jason Muscat, FNB Senior Economic Analyst. November consumer price inflation came in slightly below our expectations at 4.6% y/y and 0.1% m/m. While services inflation remains sticky at 5.5% y/y, goods inflation fell from 4.1% in October to 3.7% in November and core inflation softened further to 4.4%. As grain and cereal inflation continues...
13 Dec 2017

Why savvy investors should consider an ETF this festive season

As 2017 rapidly draws to a close, you may be looking to invest a well-earned annual bonus to pad your nest egg for the future. And in today’s tumultuous times, savvy investors should definitely consider choosing an Exchange-Traded Fund or ETF says Jordan Weir, an equities trader at wealth management and investment firm Bayhill Capital.
13 Dec 2017

'Stick to the good governance basics'

The precarious position that South Africa’s economy finds itself in, following the recent downgrade by ratings agency S&P should be used as a catalyst by institutions such as pension funds to ward off systemic failure. The sad state of public institutions was identified by S&P in its latest assessment as a threat to the country’s...
13 Dec 2017

Checklist to avoid financial loss this festive season

By Christelle Colman, CEO of Europ Assistance South Africa. With the festive season just around the corner, many families have already started planning their local or international vacations. A seemingly small incident can end up cost a small fortune while on holiday, for example, lost luggage, stolen possessions, medical emergencies as well as disasters at...
12 Dec 2017

SA economy continues to shed jobs

By Jason Muscat, FNB Senior Economic Analyst. The 3Q17 Quarterly Employment Survey (QES) was worse than we had anticipated, and showed that the economy shed 31,000 jobs in the quarter, a decrease of –0.9% y/y. Of particular concern was just how broad based the job shedding was, with only mining (4,000) and trade (38,000) registering...
12 Dec 2017

A new take on medical professional indemnity protection

A new take on medical professional indemnity (PI) protection for doctors is turning the traditional, controversial indemnity insurance model on its head.
12 Dec 2017

The age-old debate: to buy or not to buy a home

By Tristan Naidoo, Legal Advisor, Old Mutual Personal Finance. What’s in the news? Data from FNB’s House Price Index for the month of October showed mild year-on-year growth – at 4.3% – noticeably lower than both consumer price and rental inflation. This implies that the Price-Rent Ratio – a common measure of “real” house prices...
12 Dec 2017

Insurance Bill brings microinsurance one step closer

The long-awaited Insurance Bill was among a number of pieces of legislation passed by the National Council of Provinces, at its final scheduled plenary sitting for 2017, last week – good news for lower income South Africans as it brings access to microinsurance one step closer.
11 Dec 2017

LeBashe Financial Services becomes a shareholder in 4AX

4 Africa Exchange Proprietary Limited (4AX) is pleased to announce that LeBashe Financial Services has joined its ranks as a shareholder, with Tshepo Mahloele being appointed to the Exchange’s board as a non-executive director.
11 Dec 2017

MiWay broker portal opens up countless opportunities for brokers

MiWay’s broker portal will help visionary brokers enhance their service offering while reducing costs, says Morné Stoltz, Head of Business Insurance at MiWay. The portal enables brokers to generate their own MiWay quotes or to prompt MiWay’s broker call centre to complete the process.

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