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Industry News

30 Sep 2021

Political risk is business risk number five in SA

Businesses in South Africa experienced major losses in July from physical damage, business interruption, and loss of revenue, looting, vandalism caused by civil commotion, protests and riots which resulted in about $3.4 billion in lost output and placed 150,000 jobs at risk.

30 Sep 2021

The new rules around citizenship, exchange control and tax residency

The concept of “emigration”, as recognised by the Financial Surveillance Department of the South African Reserve Bank (SARB), has been phased out, with effect 1 March 2021. National Treasury has indicated that the reason for this regulatory change is “to encourage South Africans to keep their ties with the country”.
30 Sep 2021

Financial words of wisdom for every woman

It is important to shine the spotlight on some of the difficult conversations that many women need to have in order to take ownership of their journey. One such topic is money and financial freedom. An article in US financial magazine Barron’s notes that while there are many women who are financially savvy, systemic issues – including entrenched roles – hold others back.
29 Sep 2021

Liberty Corporate wins PMR.africa Golden Arrow Award

We are excited to announce that Liberty Corporate was awarded the PMR.africa Golden Arrow Award in the Pension Fund Administrators and Product Providers: Insurers category on 15 September 2021.This award is based on the feedback from 200 participants in the retirement fund industry. Telephonic interviews were conducted with 200 randomly selected principal officers, chairmen, trustees and senior managers representing retirement funds of listed and large companies.
29 Sep 2021

Momentum Metropolitan Health to partner with labour unions

The Momentum Metropolitan Health Group announced today that they will be partnering with major labour unions and notable black business leaders to improve healthcare for South Africans.
29 Sep 2021

Sasfin Wealth wins Top Advice Broker at SA's Top Securities Brokers Awards

For the second year in a row, Sasfin Wealth has topped the rankings at the Intellidex Top Securities Brokers Awards, retaining its title as the Top Advice Broker in South Africa as well as placing in the Top 5 in the People's Choice Award. Once again, Helen Haworth enjoyed a well-deserved spotlight, ranking in the Top 3 in the Individual Stockbroker Award.
29 Sep 2021

Insuring a lavishly landscaped garden

During the month of September, many homeowners flock outdoors to enjoy the start of Spring; this may even result in a purchase of a plant or two for one’s garden. But if you are super rich, your love for the outdoors may culminate into spend of anything between R500 000 and R1 million on a single tree for your property.
29 Sep 2021

Affordability remains key influencer for private healthcare consumers

With National Treasury forecasting a decelerated growth of 2.2% in 2022, affordability is set to remain the key influencer for private healthcare consumers in the coming year, particularly when it comes to monthly contributions payable towards medical scheme membership. This, says Josua Joubert, CEO and Principal Officer of CompCare Medical Scheme, is indicated in the sustained trend towards affordability as a primary concern in medical scheme selection but notes that this alone is not a strong enough qualifier.
29 Sep 2021

Insurance for seniors: Match your premium to your life stage

They say that the one constant in life is change, and this is certainly true for anyone entering their senior years. Suddenly you may find yourself working less, enjoying your hard-earned money more and spending your time on more relaxing pursuits. However, lifestyle is not the only thing that evolves as you enter into your next life stage. As your health and financial needs start to change, so do your risks and insurance requirements.
29 Sep 2021

Rebuilding your finances after the pandemic

Recently there was a post which said, “We’re now on day 480 of a 15-day lockdown.” Injecting a bit of humour is something South Africans are good at, even in this dreadful situation that we never imagined would carry on like this. Indeed, it has been a long 18 months. From rolling lockdowns to the recent looting and civil unrest, the past year-and-a-half has dealt South Africans a series of financial blows – enough to throw even the most financially disciplined off-track.

Visit the official COVID-19 government website to stay informed: sacoronavirus.co.za