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Industry News

30 Nov 2017

Dealing with crypto-currencies in estate planning

With the rise in popularity of crypto-currencies, and more particularly, Bitcoin, the question which isn’t immediately thought of by investors is: how do crypto-currencies fit into your estate plan and have you accounted for them?
30 Nov 2017

Old Mutual leads the way with water filtration project to help stave off Day Zero

In its quest to find effective solutions to the current water crisis in the Western Cape, Old Mutual has become the first corporate in South Africa to launch a ‘from-waste-to-drinking-water’ filtration project at its Mutualpark offices in Pinelands, Cape Town.
29 Nov 2017

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

By Tristan Naidoo, Legal Advisor, Old Mutual Personal Finance.
29 Nov 2017

Moody's places ratings of SA insurance groups on review for downgrade

Moody’s Investors Service, (“Moody’s”) has today placed the Insurance Financial Strength (IFS) and related debt and issuer ratings of the following South African insurance groups and related entities on review for downgrade:
29 Nov 2017

Stuart appointed as acting Deputy DG for Budget Office: Treasury

Mr Ian Stuart has been appointed as the acting Deputy Director-General for the Budget Office, the National Treasury said in a statement today. This follows the application by Mr Michael Sachs for a lateral transfer from National Treasury to other areas of public service earlier this month. “Mr Stuart is currently the Chief Director for...
29 Nov 2017

Malema is leader most committed to combating corruption: Survey

Key findings of the 2017 South African Citizens’ Bribery Survey include: 37% of respondents know someone who was has been asked for a bribe in the past year (up 4% from 2016); The largest proportion of bribes (57%) are traffic related (up 6% from 2016); 14% of bribes are for jobs (down 4% from 2016);...
29 Nov 2017

South Africa performs 'reasonably well' in PwC tax report

Technology has reduced the tax compliance burden on business, but where will the demands for increased data lead?
29 Nov 2017

Who’s spying on your investments?

The Panama Papers and, more recently, the Paradise Papers have been cause for a few worried brows amongst the offshore investment world. Wealthy individuals who have used offshore jurisdictions such as Jersey, Guernsey and Mauritius as means to evade tax are finding themselves swimming naked as these hiding places are exposed and leaked information is...
28 Nov 2017

Managing hijacking risks – vigilance is key

According to the latest SAPS crime stats released, car hijacking has increased by 14.5% across the country with Gauteng (+16.9%), Kwa-Zulu Natal (+21.5%) and Mpumalanga (+28.8%) provinces recording the highest increases. The statistics tell the story of 16 717 cars that were hijacked between April 2016 to March 2017, equating to a staggering average of...
28 Nov 2017

Getting fiscal 'mix' right in Feb 2018 Budget a major determinant of investment status

Credibility and confidence in economic policy will be key factors in evaluating the latest fiscal response to recent credit rating agency decisions.  That’s the word from NWU School of Business and Governance Economist, Professor Raymond Parsons. “The decision by President Jacob Zuma to instruct the Presidential Fiscal Committee to actively tackle four key areas of...

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