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Industry News

07 Mar 2017

SA children to benefit from unused shares and bonds

With just a couple of weeks post the national Budget Speech, we would be ignorant to think that changes to taxes and consumables made by Minister Pravin Gordhan will not change the way we look at our financial portfolios and budgets.
06 Mar 2017

deVere Group receives investment banking licence

Independent financial advisory organisation, deVere Group, has received an investment banking licence.
06 Mar 2017

Running your finances like a mini-nation

That new smartphone has such amazing features. How did you ever live without a 12 megapixel camera? Can you really move forward without a 25% brighter screen? You don’t just want it, you need it right? And you’ll happily pay the extra R399 a month to get it. And everyone will think you’re super cool...
02 Mar 2017

Publication of Regulatory Amendments for Tax Free Savings Accounts

The National Treasury said in a statement that it will shortly publish final amendments to tax free savings accounts regulations for the year beginning 1 March 2017.
02 Mar 2017

SARB shares available to the public

The South African Reserve Bank (SARB) today invited all eligible South Africans to acquire 149 200 shares in the SARB. These became available for sale after the High Court of South Africa last year directed some SARB shareholders and their associates to sell shares that were in excess of the statutory limit of 10 000...
02 Mar 2017

Entries for FPI Financial Planner of the Year close 17 March

Entries for the FPI Financial Planner of the year will close on the 17th of March.
02 Mar 2017

4AX - ticking all the right boxes

On the 28th February 2017, 4 Africa Exchange (4AX) hosted the Financial Services Board (FSB) for the Regulator’s pre-launch onsite visit, which brings the exchange another step closer to going live and its first listing.
02 Mar 2017

Bracket creep hits low to middle income earners

The 2017 Budget had some surprises, especially for the wealthy, with steep increases in income tax and dividend withholding tax. But the silent tax increase is the one to worry about.
02 Mar 2017

Warren Buffett’s annual letter: no politics

The 86-year-old king of investing, Warren Buffett last week released his annual letter to the shareholders of Berkshire Hathaway.  As usual, he had a lot to say.
01 Mar 2017

How Treasury plans to take the money you earned overseas

The latest plans to tax overseas income could negatively affect the careers of many South Africans, according to Sharon Machutchon, Tax Consultant at Mazars.

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