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Industry News

04 May 2017

Five money mistakes retirees must avoid

Retirement planning is an ongoing process; in fact once retirement starts it becomes all the more important to make wise investment decisions.
04 May 2017

Africa, the search for growth

Over the past 10-15 years, the global economy has experienced a marked slowdown. Global investors, including South African investors, are compelled to seek new territories that not only offer higher growth rates, but also market diversification. 
04 May 2017

PPS allocates over R2.7bn in profits to members in 2016

PPS, the financial services company focused exclusively on graduate professionals, has declared that its total profit-share allocation to PPS members* for the 2016 financial year was over R2.7 billion. This makes the total cumulative profit-share allocation to members R22.5 billion over the last ten years.
03 May 2017

Africa’s CEOs seize the opportunities that uncertainty brings

Notwithstanding the current economic and socio-political uncertainty, numerous companies in Africa are still positive about the growth potential of the continent. PwC (www.PwC.com) research across the continent shows that 91% of CEOs are confident about their own companies’ growth prospects in the medium term. “This is the highest level of confidence since we started our...
03 May 2017

JSE doyenne and team join PSG Wealth

SA’s first female stockbroker, Ann Mackeurtan, together with her son Justin Mackeurtan, daughter Carolyn Langham, and three others from Momentum SP Reid Securities have joined PSG Wealth.
03 May 2017

NDP provides long-term vision: Gigaba

South Africa’s National Development Plan (NDP) provides a long-term vision for the structure of the economy, investment in capacity through infrastructure and further emphasizes on the importance of regional economic integration amongst others. This is according to SA’s minister of finance, Malusi Gigaba.
03 May 2017

What to do after a financial windfall

After receiving a financial windfall, such as an inheritance or lottery winnings, it’s important to stop and think about what you want to do with your money.
03 May 2017

Cash costs SA consumers R23 billion a year - study

Cash cost consumers R23 billion or 0.52 percent of the country’s Gross Domestic Product in 2015, according to a new Mastercard study released today at the World Economic Forum on Africa. These costs are disproportionately carried by low-income earners, serving as a major barrier to financial inclusion.
02 May 2017

Africa – a hub of opportunities, waiting to be unlocked!

The global economy is no doubt facing some major challenges. Sluggish growth, leading to stagnant global trade, subdued investment and increasing policy uncertainty world-wide, are just a few.
02 May 2017

What’s ahead for WEF Africa 2017?

By Paul Clark, Fund Manager and Africa specialist at Ashburton Investments. This week African leaders from all spheres will meet up in Durban at the World Economic Forum’s annual Africa meeting (WEF Africa 2017). They will be joined by global business leaders, non-governmental organisations and many others who want to observe and help shape the...

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