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Industry News

12 Apr 2017

PSG Flexible Fund soars beyond R10 billion

The flagship fund of PSG Asset Management, the PSG Flexible Fund, recently surpassed the milestone of R10 billion in assets under management (AUM).
12 Apr 2017

Financial planning for the sandwich generation

Many South Africans are increasingly experiencing the effects of the sandwich generation where young working professionals, usually in their late twenties to early forties, have to financially support their own children and their parents with their monthly income.
12 Apr 2017

The topsy-turvy rand

The rand – which takes its name from the word ‘Witwatersrand’ – has to be one tough cookie.  It was born in 1961, when SA was declared a republic, replacing the SA pound as legal tender.  For a decade, the country had a fixed exchange rate for its currency, before the rand was pegged to...
11 Apr 2017

Manufacturing forecasts suggest possibility of technical recession

By Jason Muscat, FNB Senior Industry Economist. Manufacturing production dropped precipitously in February, declining -3.6% y/y (the worst print since July 2014 which was strike related) and -0.4% m/m. This was in sharp contrast to January’s positive, albeit meagre growth of 0.4% y/y.
11 Apr 2017

Things you may not know about your insurance cover

Whether you’re buckling up for a road trip or getting ready for some quality time at home over the holidays, these facts about your insurance will help ensure you’re properly covered.
11 Apr 2017

Investec Asset Management invests in SJL Group

Investec Asset Management, through its Africa Private Equity capability, has completed the management buy-out of 100% of SJL Group. SJL is the market-leading transport and logistics operator providing fully integrated cross-border services through the Morocco-EU corridor, as well as in Tunisia and domestically in Morocco.
11 Apr 2017

The 10 key themes investors must not ignore in 2017

By Marianna Georgakopoulou Head of Asset Allocation at Ashburton Investments.  Global macro indicators are currently strong, with a clear cyclical recovery underway in most regions of the world. In particular, industrial and consumer survey data in the US is extremely positive. However, we are cognisant expectations are high for a continuation of this economic strength,...
10 Apr 2017

Millennials set to change the insurance industry

Millennials are the fastest growing generation in South Africa. Numbering 14.5 million, Statistics South Africa (Stats SA) estimates that they are increasing at twice the rate of the overall South African population. Thus, more millennials are entering the job market each year, which make them the insurance industry’s new customers, says Soul Abraham, Head of...
10 Apr 2017

Commemorative circulation coins are 'normal' coins: SARB

The South African Reserve Bank (SARB) says it has received numerous enquiries on the value of the R5 commemorative circulation coins.
10 Apr 2017

Tips for driving safer this Easter holiday

  Easter holidays are upon us once again and many South Africans will embark on their different holiday journeys. During this period, the country’s roads will be very busy and this rise in activity unfortunately increases the potential risks of motor accidents.

Visit the official COVID-19 government website to stay informed: sacoronavirus.co.za