MoneyMarketing

Industry News

30 Nov 2016

Planning and saving for your holiday

Having a holiday to look forward to is one of life’s many pleasures. Who doesn’t look forward to their summer holiday – or any holiday, for that matter? Alexander Forbes Financial Planning Consultant Mark Hawes says people often start thinking about the next holiday within the first week of getting back – if not on the...
30 Nov 2016

2016, a “Perfect Storm”

What are we to expect from 2017?  Below find an article in which Wayne McCurrie, Fund Manager at Ashburton Investments, tells us that next year will be better than 2016.
29 Nov 2016

A sovereign downgrade: will SA’s crown topple?

On Friday, 25 November Fitch Ratings announced that the outlook attached to its BBB- ratings of SA foreign and local currency sovereign debt has moved from stable to negative, and warned that continued political instability could lead to the downgrade of the sovereign to sub-investment grade. The company expects the political risks facing the country...
29 Nov 2016

Corruption and bribery, a company’s biggest risk

Recently published research from the Henley Business School has found that around 85 percent of international businesses resort to bribery when operating in developing economies. The study interviewed over 900 business executives during a period of 12 years, and indicated that companies from many developed countries are notoriously malleable in their attitudes towards paying bribes...
28 Nov 2016

Comprehensive social security discussion paper released at Nedlac

Last week, the government released the much-anticipated consolidated document on comprehensive social security reform.
28 Nov 2016

Preliminary outcome of 2016 tax season

SARS received 5.74 million returns by the close of tax season for non-provisional taxpayers on Friday, 25 November 2016.
28 Nov 2016

Avoid skipping funeral cover payments in December/January

Consumers are urged to spend wisely during the festive period and plan for the New Year to avoid falling into the debt trap and defaulting on monthly payments for necessities like funeral insurance.
26 Nov 2016

Generally positive news from Moody's and Fitch

The decision by both credit rating agencies Moody’s and Fitch to leave SA’s investment rating unchanged for now, but combined with a negative outlook, is generally positive news.  This is according to Professor Raymond Parsons of the NWU School of Business and Governance.
26 Nov 2016

Moody's leaves SA's investment rating unchanged

Credit rating agency Moody’s has left South Africa’s investment rating unchanged, but combined it with a negative outlook.  The announcement was made in the early hours of Saturday morning local time.
24 Nov 2016

By holding rates, SARB encourages economy

First National Bank (FNB) will maintain its prime lending rate at 10.5% following the decision taken today by the South African Reserve Bank (SARB) Monetary Policy Committee to leave rates unchanged. The decision applies to all prime-linked accounts.

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