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Industry News

15 Jun 2016

Youth Day financial survival guide for young adults

As a 20-something just starting out, Youth Day is the perfect time to start sowing the seeds that will help you create wealth so that you can enjoy financial freedom later in in life.
15 Jun 2016

Consumers urged to understand factors that influence insurance policy costs

While it is in the insured’s best interest to understand their policies and be fully aware of the factors that may impact their premiums, many people only pay attention to their policies when the need for a claim arises or if the cost of a premium is suddenly increased.
15 Jun 2016

More younger South Africans planning future finances

People are starting to plan their future finances at a younger age, according to one of the world’s largest independent financial advisory organisations.
14 Jun 2016

El Niño – beware the lag effect of this ‘weather bandit’

While the weather phenomenon appears to have passed, El Niño will continue to impact food security, food prices and humanitarian needs well into 2017, says a new Bright Africa special report from African investment specialists RisCura.
13 Jun 2016

4Di Capital announces first close of R256m for new technology venture capital fund

South African venture capital firm 4Di Capital today announced the successful first closing of R256 million in initial commitments for a new technology venture capital fund.
13 Jun 2016

FNB introduces alerts for all new debit orders

FNB customers will now be notified via SMS every time a new debit order is raised on their accounts, regardless of amount, and if they believe it to be unauthorised, have the ability to dispute and reverse by replying to the message or logging onto one of FNB’s digital platforms.
09 Jun 2016

The critical thing is S&P maintains it negative outlook

Many commentators expected Standard and Poor’s Global Ratings (S&P) to affirm South Africa’s long term foreign and local currency bond ratings at BBB- and BBB+ respectively on Friday, 3 June 2016. But, the more critical point is S&P maintained its negative outlook, implying it still expects to downgrade South Africa’s credit rating if prevailing trends...
09 Jun 2016

Retired? The five most important decisions to ensure your income lasts

Only a small number of South Africans begin retirement with sufficient capital that will comfortably last the rest of their lives. Planning is essential to ensure that your money lasts as long as you do.
08 Jun 2016

Understanding repudiated claims

Imagine a scenario where you invest in critical illness insurance to give yourself security if the worst happened. You submit your claim but it is rejected because it does not cover what you thought it did. This is a reality for many because they did not quite understand what their policy covered.
08 Jun 2016

GDP in the first quarter of 2016 falls by 1.2%

1Q16 GDP growth disappointed by some margin, contracting by –1.2% q/q and –0.2% y/y. The main culprits were agriculture (-6.5%), mining (-18.1%) and the transport, storage and communications sector (-2.7%).

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