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Industry News

06 Oct 2016

The path to maintaining SA’s credit rating

I have previously referred to the South African economy as just muddling along – we aren’t shooting the lights out, but we haven’t sunk into the depths of a recession. But wouldn’t it be awesome if we could break out of our no-growth shackles? We can. And it’s not far-fetched either.
06 Oct 2016

SAPS must be educated about pension fund rules: PFA

The failure by an employer – in this case the South African Police Service – to submit death claim documents timeously resulted in life assurance benefit claims by two families being repudiated.
06 Oct 2016

National Treasury comments on Manyi's allegations

The National Treasury issued a statement today in which it notes the allegations made by Mr Mzwanele Manyi and his Decolonisation Foundation against the Treasury’s Chief Procurement Officer on SABC recently.
05 Oct 2016

UK insurance group hit with £8.2m fine for ‘client money failings’

The UK’s Financial Conduct Authority (FCA) has today fined Aviva Pension Trustees UK Limited and Aviva Wrap UK Limited (together Aviva) £8,246,800 for failings in its oversight of its outsourced providers in relation to the protection of client assets.
05 Oct 2016

The Economics of #FeesMustFall

Minister of Finance Pravin Gordhan will announce plans for funding a 0% increase in tertiary tuition fees during 2017 for up to 80% of students when he presents the Medium-Term Budget Policy Statement (MTBPS) in parliament on October 26.
04 Oct 2016

Investors are going to dump UK assets ahead of Brexit talks

Investors are increasingly likely to dump UK assets between now and the start of the Brexit negotiations, affirms the boss of one of one of the world’s largest independent financial advisory organisations.
04 Oct 2016

FSB dismisses JSE's urgent applicaton for suspension of decision to grant SARX exchange licence

The Appeal Board of the FSB has dismissed the JSE’s urgent application for the suspension of the FSB’s decision to grant ZARX an exchange licence.
04 Oct 2016

Businesses 'must get back to basics to mitigate corruption'

We live in testing and uncertain times, with global and local economies struggling to come to grips with slow growth, high unemployment and rising living costs. This phenomenon is often associated with companies embarking on cost cutting and cost containment, with employees bearing the brunt of low salary increases and decreased disposable income.
04 Oct 2016

Why cyber insurance makes sense

Insuring just what you can see or touch just doesn’t make sense in the internet age, says Sarel Lamprecht, MD of cyber insurance provider Phishield.
04 Oct 2016

Renting versus owning business premises

Every growing business throughout its life cycle is confronted with the important decision to continue leasing or own the premises in which it operates. Before this decision can be made, entrepreneurs should aim to understand the implications and establish whether this would be a good investment from a financial and long-term growth perspective. Attie Anderson,...

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