The second quarter of 2017 shows a dramatic deterioration in consumers’ feelings about their personal financial situations, according to the Momentum Consumer Financial Vulnerability Index (CFVI). (more…)
How much is enough to hold offshore?
Representing less than 1% of the global economy and expecting less than 2% growth in GDP per annum over the next two years, the South African economy appears unlikely to offer local investors the chance of decent returns, which remain hindered by socio-political and economic factors. (more…)
Triple vote of confidence in Sanlam Umbrella Fund
The Institute of Retirement Funds Africa (IRFA) has awarded the Sanlam Umbrella Fund the Best in Class Trophy for Investment Practice, the Best in Class Trophy for Governance, the Gold Standard Certificate for Excellence in a Communication Project and a Special Merit Award in the 2017 IRFA Best Practices Industry Awards. (more…)
FPI launches Financial Planning Week
The Financial Planning Institute (FPI) launched its Financial Planning Week, a Big Drive 4 Financial Freedom initiative, on Thursday, 21 September 2017. (more…)
Minister Gigaba responds to KPMG developments
The Minister of Finance, Malusi Gigaba, today issued a statement in which he expressed “deep concern” about audit matters currently surrounding KPMG. (more…)
Batseta announces Imbasa Yegolide Awards Shortlist
Batseta today announced the shortlist for the 2017 Imbasa Yegolide Awards. (more…)
What the SARB’s MPC decision means for your portfolio
The SA Reserve Bank (SARB)’s Monetary Policy Committee (MPC) kept the repo rate unchanged at 6,75% at yesterday’s meeting, against the market consensus of a cut. What does this mean for your portfolio? (more…)
Discovery Health partners with HealthTap to provide new services
Dr Jonathan Broomberg, CEO of Discovery Health, announced the launch of DrConnect, the product of a partnership between Discovery Health and HealthTap, based in Palo Alto, California. DrConnect provides a world-leading platform connecting patients, doctors and medical scheme case managers using state-of-the-art technology and artificial intelligence. With DrConnect patients have seamless access to high-quality medical […]
SARB keeping rates on hold ‘understandable’
The failure of the SA Reserve Bank (SARB) to cut interest rates again partly reflects the economic price being paid by SA for continued overall political and policy uncertainty. This is according to Professor Raymond Parsons, Economist at the NWU School of Business and Governance. (more…)
How South Africans can save in other currencies
It is getting easier and easier for anyone to protect your money from rand fluctuations and invest offshore. In fact, international saving is now so simple that you can put funds away in one of several currencies just by clicking a few buttons. (more…)
Is Namibia following in South Africa’s footsteps with a downgrade?
Duval van Zijl, an analyst at Bravura, an independent investment banking firm specialising in corporate finance and structured solutions with a presence in South Africa, Namibia, Mauritius and Australia, discusses recent developments in Namibia. (more…)
