MoneyMarketing

Industry News

24 Feb 2017

Do value stocks have scope to run further?

Research recently undertaken by analysts at PSG Wealth has found that returns from value and growth stocks could start converging again. However, unlike last time, this time value stocks could well have the upside.
23 Feb 2017

Unpacking the 2017 Budget Speech for your business

In the midst of a fluctuating rand and an economy in need of resurgence, Minister Pravin Gordhan provides a glimmer of hope to businesses against the backdrop of an already slow growth economy. FNB Business experts share their views on the Budget speech.
23 Feb 2017

Top Economics Students Honoured

Business and government leaders last night celebrated the brilliance and promise of South Africa’s young economics students – finalists of the annual Nedbank and Old Mutual Budget Speech Competition – at a dinner hosted by Nedbank and Old Mutual, with Finance Minister Pravin Gordhan as guest of honour.
22 Feb 2017

Budget 2017 - Joe Public to foot the bill for declining ANC support – Solidarity

Trade union Solidarity today, after the February Budget Speech, levelled strong criticism at the ANC government’s political promises – promises that now have to be funded to a greater extent by the tax payer in the national budget.
22 Feb 2017

Increase in Tax Free Investment Limit Applauded

The increase in the annual tax-free investment limits from R30 000 to R33 000 is a hugely positive development to encourage proactive saving amongst South Africans, says Nedgroup Investments.
22 Feb 2017

Budget 2017 - Holding the line… sort of

By Nazmeera Moola, co-Head of Fixed Income, Investec Asset Management. Under difficult circumstances, National Treasury produced a Budget very much in line with the October Medium-Term Budget Policy Statement (MTBPS), particularly on the expenditure side.
22 Feb 2017

South Africa’s Budget 2017/18 in Perspective

By Ferdie Schneider, National Head of Tax at BDO SA. The Minister of Finance earlier today delivered his Budget Speech for 2017/18 amidst depressed GDP prospects, and negative balance of payment figures. GDP is estimated to be 0.5% in 2016, increasing to 1.3%, 2%, and 2.2% in 2017, 2018, and 2019, respectively.
22 Feb 2017

Budget 2017- Sin taxes increase

The targeted excise tax burdens for wine, beer and spirits are 11 percent, 23 percent and 36 percent of the weighted average retail price, respectively.
22 Feb 2017

Budget 2017 – Reform of SOC’s ‘especially important’

The reform of state-owned companies (SOCs) is an especially important part of the restructuring and strengthening of the economy, Finance Minister Pravin Gordhan said in his Budget Speech in parliament today.
22 Feb 2017

Budget 2017 – Transformation for growth

For South Africa to achieve sustained higher growth, radical transformation measures are needed. This is according to Finance Minister, Pravin Gordhan, who made his Budget 2017 speech in parliament today.

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