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Industry News

18 Oct 2017

The significance of the cabinet reshuffle

On 17 October, President Jacob Zuma reshuffled his cabinet, just two months before he is due to stand down as leader of the governing African National Congress (ANC) party.
18 Oct 2017

Investing with real impact could help solve education crisis

The National Development Plan (NDP) states that education, training and innovation are central to South Africa’s long-term development, and that improving the quality of education in South Africa is one of the NDP’s key priorities.
18 Oct 2017

MTBPS set to disappoint as growth plan stumbles

By Nazmeera Moola, co-Head of Fixed Income, Investec Asset Management Finance Minister Malusi Gigaba is in a tight spot. On all metrics, it is clear that the Medium Term Budget Policy Statement (MTBPS), which he presents to Parliament next Wednesday, is going to disappoint. The large revenue shortfall is well known, running at between R35...
18 Oct 2017

Book on Business Rescue set to launch

In our current economic climate with various private and public companies, as well as State Owned Entities (SOEs) being placed under severe financial pressure, the need to understand the business rescue procedure (as set out in Chapter 6 of the 2008 Companies Act) has become critical. In these tough economic times, directors who sit on...
18 Oct 2017

September CPI temporarily breaches the 5% level

By Jason Muscat, FNB Senior Economic Analyst. September CPI printed in line with our expectations, at 5.1% y/y from 4.8% in August, and gained 0.5% m/m. The jump above 5% was largely anticipated by the market given the 67c increase in the fuel price last month. Petrol jumped 12.2% y/y from 5.7% the previous month,...
18 Oct 2017

The state of the SA Exchange Traded Product Industry

Market Capitalisation The total market capitalisation of the 77 Exchange Traded Funds(ETFs)/Exchange Traded Notes (ETNs), listed on the JSE, as at 29 September 2017, was R87,5 billion. This was an increase of 18,1% on the market capitalisation of all Exchange Traded Products (ETPs), at the end of 2016, says Mike Brown, Managing Director, etfSA.co.za
17 Oct 2017

Frequent cabinet reshuffles high cost to economy

Whatever the political dynamics behind the decision, from an economic point of view the news of yet another Cabinet reshuffle again emphasizes the extent to which constant changes at the top of government and the public sector contribute to policy uncertainty. This is according to NWU School of Business and Governance Economist, Professor Raymond Parsons.
17 Oct 2017

CoreShares launches Multi-Factor Smart Beta Fund

CoreShares, a leading passive investment manager in South Africa, today announced the launch of its new Smart Beta equity fund – the CoreShares Scientific Beta Multi-factor Index Fund.
16 Oct 2017

Santam launches app for insurance intermediaries

Proper risk management starts with asking the right questions. For insurance intermediaries specialising in commercial insurance, giving clients sound advice depends on a thorough understanding of all the possible risks a business can face. One critical step toward getting this right is capturing data as accurately and quickly as possible.
13 Oct 2017

Congratulations on winning our prize!

MoneyMarketing congratulates Johann Kruger (CFP) at Orenco Independent Financial Advisors for being the lucky winner of our ‘batch of books’ prize at the IFA Symposium held earlier this week in Johannesburg.  Happy Reading, Johann!

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