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Industry News

19 Jan 2016

China Seas Limited offers rand hedge and full capital protection

Investec has launched an investment product that will provide investors with two times the growth of a basket of European and Asian indices to a maximum return of 40% in GBP, over a 4.3 year investment period, and with 100% downside protection in GBP.
19 Jan 2016

Leonardo DiCaprio at Davos … seriously?

The world’s great and good are in Davos.  This includes not only  political and business leaders, but celebrities too – including actor Leonardo DiCaprio.  Some say the annual WEF conference at Davos is nothing but a talk-shop for the rich. So why are President Jacob Zuma and several SA ministers at the ski resort in...
18 Jan 2016

WEF 2016 - technology driving change 

Jonathan Schiessl Head of Equties at Ashburton Investments discusses the theme of this year’s World Economic Forum (WEF) in Davos: “The Fourth Industrial Revolution”.
15 Jan 2016

Key retirement reforms set to become a reality on T-Day

2016 is set to be an important year for the South African retirement fund industry following the announcement this week by National Treasury that President Zuma has signed into law the 2015 Tax Administration Laws Amendment Act No. 23 of 2015 and Taxation Laws Amendment Act No 25 of 2015.
14 Jan 2016

Presidency says Zuma didn’t act unilaterally on tax law

President Jacob Zuma did not act unilaterally when signing the Tax Administration Amendment Act. This is according to a statement issued by the Presidency today.
14 Jan 2016

Global outlook has deteriorated in recent months: SA cabinet

The global outlook has deteriorated in recent months, according to South Africa’s cabinet. A statement was released today following the cabinet meeting yesterday where the discussion centred on the state of the economy and budget related matters.
14 Jan 2016

Insurance cost of natural disasters falls in 2015: Munich Re

We often begin a conversation with strangers by talking about the weather as it’s a neutral topic, unlikely to cause any offence. Last year South Africans spoke more about the weather than usual, due to the crippling drought gripping the country.  We also witnessed on Sky News and the BBC, the awful flooding in the...
13 Jan 2016

Citadel acquires Consolidated Financial Planning

Citadel Investment Services Proprietary Limited, a private client wealth management company with assets under management in excess of R38 billion, is delighted to announce that its holding company, Citadel Holdings Proprietary Limited, has acquired 100% of Consolidated Financial Planning Proprietary Limited, a financial planning and advisory business.
12 Jan 2016

Financial survival tips for a difficult year ahead

Now is the time to implement a watertight strategy for your personal finances if you and your family are going to survive the economic challenges predicted to face South Africa in 2016.
11 Jan 2016

Rise in business degree applications at private institutions

Students opting to study towards BComs and other business-related degrees at private higher education institutions are consistently and substantially increasing year-on-year.

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