- Nominating beneficiaries of your retirement fund As a member of a retirement fund, you have no doubt nominated one or more beneficiaries – and your fund probably asks you to review your decision every year or whenever there is a change in your family situation. But did you know that you don’t have the final say in the matter?
- Civils holds opportunities for local construction company Despite the decline of the Civils sector, which saw a low confidence level of 24% as measured by the FNB/BER Index just before COVID-19, GVK-Siya Zama has tapped into its entrepreneurial spirit and added a dedicated Civils unit to its operational offering. Through this unit, the company aims to create jobs and better society by...
- Minister Mboweni convenes second colloquium on the economy The Minister of Finance Tito Mboweni convened the second colloquium on the South African economy on Saturday (19 January 2019) to discuss ways to achieve higher and more inclusive growth. Participants at the colloquium included the Minister of Trade and Industry Rob Davies, Governor of the South African Reserve Bank Lesetja Kganyago and Deputy Governor...
- Do not take on more risk, investors in South Africa warned By Tom Elliott, deVere Group’s International Investment Strategist Now is not the time to take on more risk. Diversify your investments and sit still. That is the message that I gave in a series of briefings, presentations and media interviews during a recent tour of Johannesburg and Cape Town. It is my view that many...
- Offshore assets gain momentum as political uncertainty continues Geographical diversification of assets has become increasingly important to South Africans given the country’s lack of economic growth, the rand’s slump and heightened political uncertainty.
- A weaker GDP in Q3 2019? By PwC Strategy& economists. Statistics South Africa (StatsSA) will release the country’s latest gross domestic product (GDP) data on Tuesday, December 3. The South African economy expanded by 3.1% quarter-onquarter (q-o-q) during 2019Q2. This was a much stronger outcome than expected and allowed South Africa to ward off a dreaded recession. The largest contributor to...
- PwC's MTBPS wish list to stimulate SA economy Today, PwC published its wish list for this week’s MTBPS: Finance Minister Tito Mboweni will deliver his maiden Medium-Term Budget Policy Statement (MTBPS) to Parliament on October 24th. Although most of the medium-term fiscal planning ahead of this event would have been completed before Minister Mboweni was appointed to his new job on October 9th,...
- Are you playing it too safe to reach your retirement goals? A report released this month in the US revealed that investors are playing it too safe to achieve their retirement savings goals. The report interviewed more than 1000 investors between the ages of 50 to 75, and found that of those surveyed, 80% prioritised discussing risk tolerance.
- How to prevent a financial day zero By Belinda Carbutt, business development manager at Allan Gray. Over the past year, Western Cape residents have had to envisage a future without running water and adapt their lifestyles accordingly. They have rallied together to ward off ‘Day Zero’, cutting down on their water consumption and recycling water to get the most out of every...
- MTBPS: Economic growth crucial to SMEs While local small and medium enterprises (SMEs) have many wishes for the upcoming Medium-Term Budget Policy Statement (MTBPS) that will improve the ease of doing business, none of these will be significant unless the ultimate outcome of the speech is improved economic prospects.

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