MoneyMarketing

Industry News

10 Feb 2017

Hollard's Nic Kohler to step down as CEO

Nic Kohler, Group CEO of the Hollard Insurance Group in South Africa, has announced his intention to step down as CEO during the course of 2017.
10 Feb 2017

SONA: Government intervention and poor policy will hamstring the economy

Trade union Solidarity today said that President Jacob Zuma’s proposed steps for “radical economic transformation,” referred to in the State of the Nation address, are a continuation of a harmful policy that will not get the country out of the fix it is in, but would rather suppress the economy even further.
10 Feb 2017

SONA 2017 - a market perspective

By Sanisha Packirisamy, Economist, and Herman van Papendorp, Head of Asset Allocation at Momentum.  
10 Feb 2017

FSB Appeal Board dismisses JSE and 4AX appeals against ZAR X licence

Yesterday’s FSB Appeal Board judgement dismissing the consolidated appeals of the JSE and 4AX against the FSB’s granting of an exchange licence to ZAR X allows ZAR X to proceed with much needed financial market innovation. The exchange will focus on facilitating investment and savings for ordinary South Africans and providing business with a more...
09 Feb 2017

SONA: Zuma will focus on faction rather than on unification – Solidarity

Trade union Solidarity today said that this year’s State of the Nation Address will not differ much from previous ones.
09 Feb 2017

IRS can revoke Americans’ passports for unpaid taxes

It’s not just citizens of seven Muslim-majority countries who are facing a U.S.-enforced travel ban. Under new rules, American citizens too could soon be banned from travelling by having their passports revoked for unpaid taxes, warns the boss of one of the world’s largest independent financial advisory organizations.
09 Feb 2017

Small savings can go a long way this year

You don’t have to put away thousands to see the benefit of savings. In fact, starting small will not only give you the confidence that saving is possible, but will also help with your finances in the long run.
09 Feb 2017

Nigel Green Launches Campaign to Repeal Obama-Era FATCA Law

Nigel Green, founder and CEO of deVere Group, one of the world’s largest independent financial organizations, has launched a Washington, DC-based lobbying and media campaign to repeal the Foreign Account Tax Compliance Act, or FATCA.
08 Feb 2017

Satrix Launches Two New ETF Funds

Satrix, a pioneer in the index-tracking space, is launching two exciting new exchange traded funds (ETFs), now making it possible to invest in property and inflation-linked bonds alongside your equity ETF portfolio.
08 Feb 2017

Ashburton’s Flagship Multi Asset Fund Celebrates 25 Year Birthday

Ashburton Investments’ longest running fund is celebrating the 25th anniversary of its launch this month. The Jersey-based Replica Sterling and Dollar Asset Management Funds were launched in 1992 to provide the wider public access to the successful multi asset strategy that had previously only been available to private investors.

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