Global growth to slow in 2019 and dollar looks set to weaken

Schroders forecast global growth to slow in 2019 and the dollar looks set to weaken with US interest rates peaking mid-year. A more stagflationary environment is expected in 2019 with global growth set to slow and inflation to rise.  US interest rates expected to peak at 3% in mid-2019 but other central banks will continue […]

Read full story

The changing dynamic of wealth preservation in a sluggish economy

By Martine Steinegger Allocca, Senior Vice President at Lombard Odier and William Frank, Assistant Vice President at Lombard Odier. For many High Net Worth Individuals (HNWIs) and Ultra HNWIs (UHNWIs), preserving wealth can be much more important than securing sizeable returns. This may seem like a simple ask however, in a sluggish economic environment, preservation […]

Read full story

Misconceptions about cyber insurance and what it covers

As cyber risk becomes more ubiquitous, costing the globe up to R8.6 trillion a year – attacks such as NotPetya and WannaCry remind us that digital world risks are moving into the physical world with crippling business interruption, legal fees and massive damage to brands and reputation. (more…)

Read full story

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 […]

Read full story

SACCI: Trade conditions remain subdued

According to respondents to SACCI’s November 2018 trade conditions survey, activity remained subdued with the six-month prospects lower than present conditions. Trade conditions remained in negative territory with the seasonally adjusted Trade Activity Index (TAI) recording 40 for November 2018 – unchanged from October 2018. It appears that Black Friday did not materially change subdued […]

Read full story

Why now is the best time to invest in Dublin

Brexit uncertainty is causing some investors to hold back on investing in UK property until the Brexit plans are finalised. This heralds a new era of opportunity for Ireland, which will now be one of the only English-speaking members of the EU. It is now the obvious jurisdiction for new business and relocations – with […]

Read full story

Festive fundamentals: Top tips for a safe holiday season

By Bertus Visser, Chief Executive of Distribution at PSG Insure. The end-of-year holiday period is a time for many festive activities, both at home and away. Whether you’re taking a road trip or having the family over this year, it’s important to add your insurance cover to your checklist to make it the perfect holiday. (more…)

Read full story

Africa needs a new infrastructure strategy to combat jobless growth

By Taona Kokera, Associate Director Infrastructure Finance at Mazars. One of the most concerning observations made in the recently released 2018 Ibrahim Index of African Governance (IIAG), was that almost no progress has been made to grow sustainable economic opportunity for the African continent’s working age population, with employment having increased by only 0.2% over […]

Read full story

Load shedding risks call for vigilance

Following the recent countrywide implementation of stage 2 load shedding by state power utility, Eskom, South Africans are cautioned to protect themselves, their property and their valued belongings. There are grave potential financial repercussions of not only the load shedding process, but also the dangerous power surges that can ensue as a result of electricity […]

Read full story

‘Very few shining stars in the galaxy of stocks this past year’

As at 30 November 2018, equities, as an asset class, based on the FTSE/JSE All Share Index (Alsi) total return, have returned -12.26% year-to-date. Achieving a negative return is always a bitter pill for investors to swallow; however, after comparing equities to some other asset classes, it becomes more of a bitter brick to swallow. […]

Read full story