Agri SA says it’s questioning the status and content of the leaked list of farms said to be earmarked for expropriation without compensation (EWC). (more…)
South African insurance in need of a reality check
South Africans are dreadfully underinsured. The Association for Savings and Investment South Africa (ASISA) has estimated that 14 million families face a combined insurance shortfall of almost R29 trillion should the main breadwinner become unable to generate an income. (more…)
Treasury’s possible challenges following the VAT Panel report
The recommendations put forward by the review panel on the zero-rating of certain items for Value-Added Tax (VAT), may be challenging for Treasury to enforce. This is according to Tertius Troost, Senior Tax Consultant at Mazars, who says that while the panel, led by Professor Ingrid Woolard, has made compelling arguments for the inclusion of […]
Expropriation list risks Venezuelan disaster for South Africa – IRR
Media reports of a purported list of farms that the government intends to expropriate without compensation have sharpened anxiety about the policy direction South Africa is taking, the Institute of Race Relations (IRR) says. “While we note the statement by the Department of Rural Development and Land Reform that ‘there is no truth to this […]
South African tax law and exchange control have different requirements
Melissa Brink, a Structured Solutions analyst at Bravura, an independent investment banking firm specialising in corporate finance and structured solutions, explains the importance of determining whether a natural person is a resident of South Africa. (more…)
Actuarial Society transformation intervention significantly ups black student pass rates
The majority of students enrolled in South Africa’s undergraduate actuarial programmes are black. Yet the country has only 109 black African Fellow Actuaries. By comparison, there are 974 white Fellow Actuaries. A Fellow is a fully qualified actuary. Mike McDougall, CEO of the Actuarial Society of South Africa (ASSA), says South Africa’s actuarial profession faces […]
Local online investment platform scoops international tech award
Nedgroup Investments automated online investing platform has won the Banker Technology project of the year in the Banker Tech projects Awards 2018, backed by the Financial Times. (more…)
How to stuff a Turkey
Turkey’s financial woes have escalated into a full-blown crisis, with other emerging markets, including South Africa, suffering some collateral damage. According to Dave Mohr (Chief Investment Strategist) & Izak Odendaal (Investment Strategist), at Old Mutual Multi-Managers, Turkey faces challenges on a number of fronts. “It is in an unstable neighbourhood and runs a large current […]
Treasury comments on measures considered for igniting economic growth
Today, the National Treasury commented on measures being considered for igniting economic growth in South Africa. “In his statement to the nation on July 31, President Cyril Ramaphosa made it clear that the funding for measures being considered to ignite economic growth would be done in a manner that ensured that government maintained fiscal prudence. […]
Nedgroup Investments Cash Solutions launches US dollar solution
Nedgroup Investments Cash Solutions says in a statement today that it is launching a US dollar solution. (more…)
Investment Property vs Retirement Annuities
All South Africans worry about retiring at some stage in their lives. Where are the funds going to come from? What is the best option: property or saving money in a retirement fund. (more…)
-
Agri SA questions validity of #farmlist – release is irresponsible
-
Treasury’s possible challenges following the VAT Panel report
-
Expropriation list risks Venezuelan disaster for South Africa – IRR
-
South African tax law and exchange control have different requirements
-
Actuarial Society transformation intervention significantly ups black student pass rates
