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Industry News

28 Sep 2016

‘Domestic economy kept alive by pension increases’

Pensions continue to drive the South African economy while the downward trend for salaries persists, this according to BankservAfrica’s latest Disposable Salary (BDSI) and Private Pension (BPPI) indices.
27 Sep 2016

Standard Bank launches interactive Kidz Banking App

Standard Bank today launched a first-of-its kind smartphone and tablet game-like animated banking app for children – the Standard Bank Kidz Banking App. Available initially only to Android users, the app is designed primarily for kids between the ages of 6 and 11, and is essentially a tool designed to engage and entertain children while...
27 Sep 2016

South Africans going big on mobile money

South Africans are showing significant appetite for mobile money solutions, this is according to the latest data from FNB eWallet Solutions, which shows that 4.2 million new eWallets were created over the last 12 months, a rate of about 350 000 new eWallets per month.
26 Sep 2016

Futuregrowth confirms that it will reopen lending to Land Bank

Futuregrowth Asset Management confirms that it will reopen lending to Land Bank with immediate effect, following a review of its governance and investor protection mechanisms.
26 Sep 2016

JSE enhances trading functionality on its Equity market to allow bulk trades

The JSE has introduced a series of Equity market enhancements to allow market participants to buy and sell large blocks of shares (bulk trades) and to trade anonymously within the best bid and offer without interference.
26 Sep 2016

Treasury proposes extension of tax incentives

National Treasury and the South African Revenue Service (SARS) have published a second batch of the 2016 Draft Taxation Laws Amendment Bill (TLAB) for public comment, following the first batch TLAB published on 8 July 2016.
23 Sep 2016

Momentum Health puts healthcare clients’ needs first in 2017

“Offering members continued peace of mind in 2017 amidst a challenging industry-landscape, remains Momentum Health’s core focus”, says Damian McHugh, Head of Health Marketing at Momentum Group.
23 Sep 2016

PSG Wealth appoints new adviser in Sandton

PSG Wealth is pleased to announce the appointment of Colin Morris as a financial adviser in its Hurlingham office in Johannesburg. Colin has a Certificate in Financial Planning from the Millpark Business School and, after 23 years in the industry, he has built up an impressive resume.
23 Sep 2016

PSG Wealth Winelands appoints new talent

PSG Wealth Winelands has announced the appointment of Francois du Toit as portfolio manager and Tommy Matthews as financial adviser. They join the office from 1 September 2016, bringing with them extensive experience in financial services, specialising in investment management, stockbroking and financial planning.
23 Sep 2016

New appointment at Cushman & Wakefield

Cushman & Wakefield Excellerate Advisory has received a considerable boost with the appointment of real estate industry veteran Gavin Klarmann, who is committed to continue driving property advisory disciplines forward in South Africa, and delivering the best international standards in the local market.

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