Last night, President Jacob Zuma reappointed Pravin Gordhan as finance minister. This was a result of mayhem in the markets, due to Zuma’s earlier firing of Nhlanhla Nene and appointment of a little-known David van Rooyen to head the Treasury. Van Rooyen was finance minister for only four days and has now been moved to […]
About MoneyMarketing
Author ArchiveMoneyMarketing
Three companies accredited as FPI Approved Professional Practice™ firms
In a recent announcement by the Financial Planning Institute of Southern Africa (FPI), Independent Wealth Managers, BDO Wealth Advisers and Private Client Holdings have been accredited as the FPI Approved Professional Practice™ firms, for meeting the high professional financial standards set by FPI. (more…)
No positive reaction to Van Rooyen’s appointment
If there has been even a teeny-weeny bit of positive reaction to the appointment of David Van Rooyen as SA’s Minister of Finance, MoneyMarketing hasn’t seen or heard it. (more…)
How to fund your retirement when self-employed
South Africa’s drive to create more entrepreneurs is likely to increase the number of people who are self-employed and such individuals need to be aware of efficient ways to safeguard or fund their retirement. (more…)
SA investors increase amount sent offshore
According to the SA Reserve Bank (SARB)’s Quarterly Bulletin December 2015 released today, portfolio investment abroad by South African investors increased notably from R10,0 billion in the second quarter of 2015 to R24,2 billion in the third quarter of 2015. (more…)
SA on the lowest investment grade rung
MMI Holdings’ Sanisha Packirisamy (Economist), and Herman van Papendorp (Head of macro research), give their view on Friday’s Fitch and S&P ratings reviews: (more…)
Top benefits of citizenship by investment programmes
While the idea of a second passport may hold great appeal, when it comes to making the substantial investment required by residency and citizenship by investment programmes, the benefits have to be momentous in order for the investment to be deemed worthwhile. This is according to CEO of Monarch&Co – a company which offers residency […]
Tax harmonisation reforms of retirement funds will be implemented from 1 March 2016
National Treasury said in a statement today that tax harmonisation reforms of retirement funds will be implemented from 1 March 2016. This is in terms of the current law legislated in 2013, and amended in 2014 by shifting the effective date to 1 March 2016 (i.e. the Taxation Laws Amendment Act, No. 39 of 2013, […]
