Are our home grazing fields perhaps greener than we think?

By Paul Bosman, PSG Asset Management   We have on numerous occasions over the last couple of months emphasised the merits of offshore investments. We have also written often about the compelling value we are seeing abroad and explained how our domestic unit trusts are utilising their 25% offshore allowance. Regardless of how many opportunities […]

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Santa Claus is coming to Chinatown

Children in Germany were busily preparing for the arrival of St Nicholas on the evening of 5th December and looked forward to waking up to sweets and coins overflowing their freshly polished shoes. Investors also received a treat on 5th December, with the announcement that China’s Central Bank will cut the reserve requirement ratio by […]

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ART adherence lifts significant burden on SA’s health sector

Approximately 1.3 million people are currently reported to be on antiretroviral treatment (ART) in South Africa’s state sector, according to Aid for AIDS (AfA) – the country’s largest private sector HIV disease manager. While up-take of ART was vastly increased from 27% in 2007 to 56% by the end of 2009. However, the revised and […]

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HIV in the workplace – employers have a role to play

World Aids Day on 1 December is a timely reminder for businesses in South Africa – which have been hugely affected by the disease with approximately 5.38 million South Africans living with HIV/AIDS – to continue with the development of HIV programmes within the workplace. According to Andre Jacobs of Aon Hewitt South Africa, no […]

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More South Africans biting the bullet, cutting costs

South Africans have begun to heed the calls to rein in their short-term debt and curb spending, rather than continuing to be charged high interest rates. That’s the primary finding of the fifth Old Mutual Savings and Investment Monitor, released today (24 November 2011). Lynette Nicholson, chief researcher of Old Mutual, says: “These results indicate […]

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FPI Financial Planning Week to lead consumers to a better future

Financial planning is a must for anyone who is earning and spending money. A proper financial plan guides us in the use of our finances and assists us in achieving our financial goals. Financial planning is a profession with a recognised international qualification – the CFP – certified financial planner. Financial planners assist clients in […]

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Italy’s economic scandal

In 1980 Paolo Rossi, the famous Italian striker, made headlines for allegedly being involved in the ‘Totonero’ betting scandal involving Perugia, the club he was contracted to at the time. As a result of the scandal he received a ban which immediately meant his place in the 1982 World Cup Finals in Spain would be […]

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RE:CM warns of luxury goods stock bubble

The strong financial performance of several local and global luxury goods companies in recent months has re-enforced the perception that this industry is fairly recession proof. However, according to Daniel Malan, Investment Director at RE:CM, (pictured) a value based asset manager, this is not always the case and with several of these companies currently trading […]

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Corruption top concern for South African professionals

Action against corruption and government spending on infrastructure are the top two reforms that South African finance professionals are looking for over the next year. This was the result of the “Treasury Verdict” session taken by a live audience poll of senior treasury and finance professionals at EuroFinance’s 6th annual Treasury, Risk and Cash Management […]

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SA inflation hits 6%

Figures released by Stats SA show October headline CPI rising to 6%, above market expectations. Stanlib economist Kevin Lings notes that for 2010 as a whole, SA CPI inflation averaged a very respectable 4.3%y/y, but is “clearly trending higher and is expected to rise above 6.5% in the coming months. In addition, inflation could struggle […]

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