MoneyMarketing

Industry News

26 Aug 2021

Seeing compliance differently allows for the best business flow

Compliance can be low on the list of importance when businesses are struggling to keep their heads above water, due to concerns brought on by Covid-19, the economic uncertainty in the country and generally making ends meet. Nevertheless, compliance is a critical part of any business and to fall behind puts you in dangerous water that can sink you quickly, without proper care and planning.
26 Aug 2021

Sasria registers over 95% of claims as more pay-outs are made

Following last month’s unfortunate unrests in Gauteng and KwaZulu-Natal, the Sasria SOC Ltd (Sasria) has registered over 95% of all related insurance claims, which are currently being attended to.
25 Aug 2021

Taxpayers with outstanding returns summoned to face charges

The National Prosecuting Authority (NPA) is issuing summonses to taxpayers with outstanding tax returns. The Commissioner for SARS, Edward Kieswetter, has promised that they will make life difficult for non-compliant taxpayers, a promise he has kept.
25 Aug 2021

Why SA's confidence runs deep

Sanlam is not only confident about South Africa’s future, electing to invest in the country – but says there are strong signs that growth prospects in South Africa and Africa are imminent and real. At a recent Sanlam Financial Confidence webinar, Sanlam Retail Affluent Chief Executive Officer, Anton Gildenhuys cut through the clutter to explore why Sanlam has confidence in the country’s future.
25 Aug 2021

Standard Bank’s Shari’ah Personal Call Account makes personal saving easy

Standard Bank’s Shari’ah banking allows customers to bank in a way that fits their beliefs and lifestyles. One that honors their values based on Shari’ah compliance. Though based on Shari’ah principles, these offerings are in no way exclusive to Muslim customers but are for anyone who wants to consume products that are based on the principles of Shari’ah.
24 Aug 2021

Cyber risks for companies escalate

Many companies were still taking a lax approach to cyber security before POPI came into full effect, says Bertus Visser, Chief Executive of Distribution at PSG Insure. “Data breaches have been massively underreported to date, and it is possible many businesses opted to sweep cyber incidents under the carpet until now,” he adds.
24 Aug 2021

Lower-than-usual medical scheme contribution increases likely

This year, for the first time, it seems likely that medical schemes will announce contribution increases which are in line with recommendations suggested by The Council for Medical Schemes (CMS). This is according to Jill Larkan, Head: Healthcare Consulting at financial and wealth advisory business GTC.

24 Aug 2021

The changing landscape of sustainable finance

The effects of rising carbon emissions are fast becoming too costly to ignore. Although there is broad consensus that the associated extreme weather events may result in physical and economic risks, these are difficult to measure and forecast – even in the short or medium term.

24 Aug 2021

Stonehage Fleming launches first global sustainable equity fund

Stonehage Fleming Investment Management, the UK investment division of one of the world’s leading international Family Offices, announces the launch of its Global Sustainable Equity Fund (GSEF) in South Africa, having successfully launched its Global Sustainable Investment Portfolios (GSIP) in 2019. Stonehage Fleming Investment Management is a signatory to the United Nations Principles for Responsible Investment.
24 Aug 2021

Updated emergency tax relief – should you go there?

In Government’s continued efforts to support business owners through the financial strain brought on by the COVID pandemic and more recently exacerbated by unrest throughout SA, President Cyril Ramaphosa announced the introduction of 2021 Emergency Tax Relief applicable to tax-compliant SMMEs and other qualifying companies.

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