LexisNexis: Financial Services Publications 2018

FS_Various-Binders-&-Text-Books_1299-x-1415

Make inspired decisions with the help of the latest range of Financial Services titles from LexisNexis. Updated for 2018, these latest releases offer the most comprehensive and up-to-date content, designed and formatted to provide easy access to all the information you need. (more…)

Read more

Discovery Health recovers R568m in fraud savings for 2017

In 2017 Discovery Health’s efforts to curb fraud in the healthcare system resulted in a significantR568m recovered on behalf of client schemes, compared to R405m in 2016,” says Discovery Health CEO, Dr Jonathan Broomberg. “We also estimate that the ‘halo’ effect of these fraud-control activities, in which health professionals and others contemplating fraud desist from […]

Read full story

Risks inhibit cut as SARB leaves rates unchanged, says FNB

Following the South African Reserve Bank’s decision earlier today to keep interest rates unchanged, FNB confirms that it will maintain its prime lending rate at 10,25% and will review its position after the next SARB MPC meeting in March. (more…)

Read full story
placeholder

Repo rate remains unchanged at 6.75% per annum: SARB

The SA Reserve Bank has announced that the repurchase rate remains unchanged at 6.75% per annum, following its latest Monetary Policy Committee (MPC) meeting. (more…)

Read full story

The JSE continues to lag global markets – where to now for investors?

Over the past five years, local markets returned just above 75% in ZAR terms, which is comparable to the JSE’s long-term average. However, when taking into account that over this same period the currency weakened by almost 50% to the US dollar, the JSE’s hard currency return – in real comparable terms – is 24%, […]

Read full story

Are higher taxes on wealthy South Africans justified?

Talk of a potential wealth tax in South Africa has re-ignited the debate on the taxation of high net-worth individuals (HNWIs). For many taxpayers around the world, progressive taxes – in which the more one earns, the higher the rate of taxation – contradicts the principal of equality. In fact, it is this thinking that […]

Read full story

Market review: December 2017

By Carl Roothman, CE of Sanlam Investments Retail Business. December was another eventful month on the financial calendar and the year 2017 did not go down quietly. An important driver of global markets’ strong growth in recent months has been the expectation of the implementation of President Trump’s tax reform. (more…)

Read full story

Black Friday bonanza for November retail sales

By Jason Muscat, FNB Senior Economic Analyst November retail trade sales surpassed even our bullish expectations, registering 8.2% y/y from an upwardly revised 3.5% in October. This was the strongest year-on-year performance in five years. (more…)

Read full story

Changes in leadership at MMI

The Board of MMI Holdings has announced that Nicolaas Kruger will be stepping down as CEO of MMI Holdings with effect from 15 February 2018. In a statement, the Board said that this decision came after a few months of discussions between Kruger and the MMI Holdings Board that enabled the Board to consider the […]

Read full story
placeholder

SARB: New adviser to the Governors appointed

Ms Fundi Tshazibana has been appointed an adviser to the Governors of the South African Reserve Bank (SARB) with effect from 19 February 2018, the Bank said in a statement on Tuesday afternoon. She will also become the seventh member of the Monetary Policy Committee (MPC) of the SARB. Ms Tshazibana has 17 years of […]

Read full story

Will the Reserve Bank cut rates this week?

By Maura Feddersen, Economist with PwC’s Strategy& The South African Reserve Bank (SARB) Monetary Policy Committee (MPC) is meeting on 17 and 18 January to deliberate interest rates. The central bank’s monetary policy stance aims to keep inflation in the target range of 3%-6% annually, thereby protecting the value of the currency and the purchasing […]

Read full story