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Industry News

22 Nov 2016

Liberty goes offshore

Economic uncertainty and the political tumult have driven demand for offshore investment products to an all-time high. Concerns around currency volatility and the local market limitations, in terms of size and exposure to wider global industry, have also contributed to a reluctance to take on risk.
22 Nov 2016

Rhodes Business School secures bursary funding

Rhodes Business School is pleased to announce that it has secured bursary funding for NINE half-bursaries (R26,190 each) for Master of Business Administration (MBA) part-time studies and TWO half-bursaries (R17,280 each) for Postgraduate Diploma in Enterprise Management (PDEM) full-time studies for the 2017 academic year.
21 Nov 2016

Telkom and government cooperation saves hundreds of millions of rands

The National Treasury and Telkom through Business Connexion (BCX) have successfully concluded negotiations on the existing contract for fixed-line telecommunication services to government for national and provincial departments.
21 Nov 2016

Simple investment with big benefits

In the current volatile market environment, many investors may be feeling less than positive about investing due to associated risk, says Tandisizwe Mahlutshana, Executive of Marketing at PPS Investments “What is risk”, you may ask. The reality is that risk is a different thing to different people; however, it largely refers to exposure to some sort...
21 Nov 2016

IRR says minimum wage will entrench structural unemployment

The proposed new minimum wage of R3 500 per month will do little to improve the circumstances of existing workers, while further limiting access to the labour market for unemployed people. This is according to analysts at the IRR.
21 Nov 2016

Trump must ‘show backbone’ and repeal Obama’s imperialistic global tax law

  Trump must “show some backbone” and repeal Obama’s highly controversial global tax law that negatively impacts foreign financial institutions (FFIs) and is forcing a record number of Americans to ditch their U.S. passports, affirms the boss of one of the world’s largest independent financial advisory organizations.
17 Nov 2016

Novare launches Infrastructure Balanced Fund

Investment firm Novare today announced the launch of its latest multi-manager fund offering – the Novare Infrastructure Balanced Fund. “As there is a material need for infrastructure investment in South Africa, it holds immense growth opportunities. Novare aims to be at the forefront of this development and share these opportunities with investors,” says Eugene Visagie,...
17 Nov 2016

R625m boosts first-time home ownership

More than 20 000 Gauteng families are set to become first-time homeowners and secure a firm foothold in the residential property market.
16 Nov 2016

Playing it safe in a storm

Michelle van Staden, Head of Claims at Mutual & Federal, shares some useful tips on how to play it safe in a storm as world weather patterns change. According to the National Aeronautical and Space Administration (NASA) models, 2016 is on course to be the hottest year on record and locally, South Africa experienced its...
16 Nov 2016

What can South African investors expect from Donald Trump?

Investors should almost certainly brace themselves for heightened volatility over the next 12 months in the aftermath of the US elections. However, there is also real opportunity for active investment managers as the gap between winners and losers widens.

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