MoneyMarketing

Industry News

30 Mar 2017

Five days in South Africa

These past few days have been a harrowing and difficult time for most South Africans. We lost struggle stalwart Ahmed Kathrada, (affectionately known as ‘Uncle Kathy’), President Jacob Zuma once again behaved badly by recalling Finance Minister Pravin Gordhan from an international roadshow – and the poor old rand took a tumble.
30 Mar 2017

Don’t let Easter slow your business down

Too many businesses make the mistake of thinking a business year is a full twelve months. It isn’t. Late March and early April is more often than not a slow time of year for many organisations. People go on holiday, children are on school break, and the end-of-summer days often create an air of apathy...
30 Mar 2017

Wearable computers reshape customer experience

Wearable computers are reshaping the customer experience in life insurance, enabling insurers to deliver more personalised products and incentives to consumers while helping their customers to lead healthier lives. That’s according to Bryan McLachlan, Managing Director of ABSA Instant Life, one of the first life insurers in South Africa to leverage wearable technology in its...
29 Mar 2017

Consumers making fewer ATM cash withdrawals

For the first time ever, FNB data is showing that middle income earners are making fewer cash withdrawals at ATMs and instead opting to use point of sale devices, electronic transactions and cash tills from select retailers.
28 Mar 2017

The pros and cons of the world adopting versions of the UK’s RDR model

Versions of the UK’s Retail Distribution Review (RDR) are increasingly finding their way into the international financial advisory sector, affirms the boss of one of the world’s largest independent financial advisory organisations.
28 Mar 2017

Fast-growing SME funding industry acts to self-regulate

Ensuring that small businesses have access to funding and working capital is one of South Africa’s top priorities. The micro-lending space, where much of this funding has taken place, has been fraught with problems.
27 Mar 2017

Gordhan back in SA tomorrow

Following a directive from the President of the Republic of South Africa, Finance Minister Pravin Gordhan and National Treasury Director General Lungisa Fuzile are preparing to return tonight from the UK and are expected to arrive in South Africa tomorrow morning.  This is according to a statement from the National Treasury. “Deputy Minister Mcebisi Jonas...
27 Mar 2017

When will Gordhan come home?

The question on investors’ lips this afternoon is:  Will Finance Minister Pravin Gordhan “obey” President Jacob Zuma and return home from the planned Treasury roadshows in the UK and US?
27 Mar 2017

UPDATED: Zuma tells Gordhan: "Come home"

President Jacob Zuma has instructed the Minister of Finance, Mr Pravin Gordhan and Deputy Minister Mcebisi Jonas to cancel the international investment promotion roadshow to the United Kingdom and the United States and return to South Africa immediately.
27 Mar 2017

Contradictions reflect ideological splits within the ANC: IRR

Institute of Race Relations (IRR analysts) have today released an assessment of nine new policy documents that were published by the African National Congress (ANC) ahead of its National Policy Conference that starts on 30 June.

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