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africaglobe

The economic impact of the Kenya attacks

A new generation of Islamist militants is seeking to undermine a recent recovery of the tourism sector and to frustrate Kenya’s economic trajectory by staging a high-profile attack on expatriates and foreign businesses.  This is according to Dr Robert Besseling of EXX Africa. (more…)

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Sanlam Private Wealth on financial education and inherited money

Expect a bumpy ride for the rand in 2019

By Bianca Botes, Corporate Treasury Manager at Peregrine Treasury Solutions. Few currencies matched the rand’s turbulence in 2017, with factors such as Trumpenomics, the firing of finance minister Pravin Gordhan and the appointment of Cyril Ramaphosa as ANC president, contributing to the R2.04 price swing during the year. (more…)

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FSCA takes enforcement action against STANLIB

The Financial Services Conduct Authority (FSCA) has taken enforcement action against STANLIB for contravention of Paragraph 1(i) of SCHEDULE 1 TO THE COLLECTIVEINVESTMENT SCHEMES CONTROL ACT, 45 OF 2002 (“CISCA”). STANLIB is a registered Manager in accordance with the CISCA. The FSCA said in a statement today that during an on-site visit conducted by the […]

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pps

Changes made to the PPS Balanced Index Tracker Fund

Passive funds have become a popular investment choice in South Africa. They are widely regarded as being suitable for retirement savings, offering a simple structure and the opportunity for sensible diversification. (more…)

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lighthouse

In a tough economic climate, do South Africans still ‘holiday’ as usual?

According to Inflation.eu, South Africa experienced a 5.05 % inflation increase from July 2017 to July 2018. This increase also came amidst a 1% VAT increase imposed from April this year, plus repeated petrol price increases which would have had a substantial impact on people’s monthly expenses.  Despite these significant financial considerations, does this pressure on […]

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Dr Maximilian Martin

Combining Science, Innovation and Philanthropy to Address Pressing Challenges

By Dr Maximilian Martin, Global Head of Philanthropy at Lombard Odier. As part of the reconfiguration of the global economy in what is commonly referred to as the “fourth industrial revolution”, science and technology have enabled many new forms and patterns of value creation. Science, the underlying force behind the fourth industrial revolution, has also […]

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funeral

Mosaic Funerals warns clients about policy scam

Mosaic Funerals is cautioning their clients to be aware of a funeral policy scam that could affect their cover and is encouraging them to get in touch to check on the status of their funeral policies. (more…)

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Better late than never? Not for your medical cover

By John Cranke, Financial Adviser, PSG Wealth Employee Benefits Midlands When we’re young and healthy, it’s difficult to imagine needing medical cover, and often getting this in place falls by the wayside. Delaying, however, can cost you considerably more than the monthly premium you’d pay, particularly if you are in your mid-30s and up. The […]

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