Retail therapy makes your future look sick

Extended ‘retail therapy’ is under way in many families as summer sales prolong the festive splurge while Valentine’s Day promises to keep shop tills ringing even longer. However, the ringing in shoppers’ ears is probably a symptom of a sickening failure to implement New Year’s resolutions to save for retirement. The comment comes from Imara […]

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Earnings season: Implications for JSE

The JSE – one of the world’s best performing equity markets in US dollar terms in 2010 – faces a February/March earnings reporting season with the potential to affect investor sentiment for months to come. The domestic equities alert comes from Absa Asset Management (ABAM) Private Clients, an adviser to high net worth individuals and […]

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Emerging Markets: Risks rising

Emerging Markets: Risks are rising By Tristan Hanson, head of asset allocation, Ashburton Recent events in Egypt have not helped sentiment, but growing concern over rising inflation (largely related to rising food and energy prices) has been a more fundamental factor behind recent weakness in emerging markets. Those countries perceived to be most at risk […]

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SA hedge fund industry faces exciting period of opportunity

With significant changes expected on the regulatory front, South Africa’s hedge fund industry faces an exciting period of opportunity. Carla de Waal, Head of Funds of Hedge Funds at Novare Investments, pointed out that expected changes to Regulation 28 of the Pension Funds Act, which governs where and to what extent retirement funds can invest, […]

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The Protein versus Plant debate

Dr Colin Campbell, Professor Emeritus at Cornell University and one of the most respected nutritional biochemists in the world, was the key note speaker at South Africa’s first ever International Health Conference hosted by Fedhealth in both Johannesburg and Cape Town. His message was clear and powerful – change your diet and dramatically reduce your […]

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Provisional tax – to file or not to file?

Have you checked the provisional tax status of your eFiling profile yet? If not, you might be surprised to see that all taxpayers are now loaded as provisional taxpayers i.e. with the ability to submit a provisional tax return. Why is this? SARS issued a media statement last year indicating that one needs only submit […]

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Revised relief for residential entities

By Kathy Dixon, Grant Thornton East London It could be your final chance to take advantage of transfer duty, capital gains tax and secondary tax on companies’ exemptions. In a previous e-taxline, we discussed the relief relating to the transfer of immovable residential property from a Company or Closed Corporation (CC) into the name of […]

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Are GDP numbers good enough?

Volatility is a term we associate with investment markets – and the well known VIX index. But they are not the only figures that have the ability to be volatile across the globe and GDP in 2011 is looking like it could be a different picture for individual countries. Final 2010 quarter GDP numbers are […]

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Investors avoid equities, pour billions into fixed interest

Propelled by record net inflows of R109-billion last year, the local collective investment schemes industry grew its assets under management to R927-billion during 2010 from R750-billion at the end of 2009. The bulk of the net inflows came in the fourth quarter of last year, when the industry attracted a record breaking R36-billion. Releasing the […]

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Egypt contagion unlikely in sub-Saharan Africa

Though some Middle East and North Africa (MENA) equity markets fell at times by 20% or more following popular unrest in Tunisia and Egypt, there is a relatively low risk of ‘Egyptian contagion’ affecting equity values in sub-Saharan Africa. The positive view comes from Botswana-registered Imara, a merchant banking and investment management group that markets […]

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