Platinum price to benefit from strike action?

As wage talks between South African mines and labour have become deadlocked, the mood among mine workers and labour in general is for strikes and I doubt it will be averted. So says Dr Prieur du Plessis, chairman of Plexus Asset Management and author of the Investment Postcards blog.   “Last year’s settlements were generally […]

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Pressing need for savings education

• Decline in savings across all income groups • Polarisation of attitudes • Only 53% contribute to a pension or provident fund to save for retirement • 82% affected by recession • 82% want help in saving • Saving takes backseat after cutting costs and reducing debt   South Africans’ savings habits were placed firmly […]

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Government spouses get quick access to pension funds on divorce

By Max Rowley is an Associate of the Pension Law Department at Shepstone & Wylie Attorneys   When it comes to divorce, the law governing the Government Employee Pension Fund (“GEPF”) has been ruled unconstitutional by the Western Cape High Court.   However, the court has given parliament 12 months in which to correct the […]

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School leavers can save too

In line with July’s National Savings Month, The South African Savings Institute (SASI) is encouraging school leavers and tertiary students to also save what they can before they actually leave school as there are many challenges awaiting them before they can start earning a salary. These include: buying newspapers or surfing the internet for job […]

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Local asset manager invests in Greek cement company

Given the negative news around both Greece and cement companies, the overwhelming majority of investors would be extremely unlikely to be invested in either of these two areas. It may therefore come as a surprise that one local asset manager has a significant stake in a Greek cement company – Titan Cement.   RE:CM, an […]

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Key CPA message for marketers

The recently-promulgated Consumer Protection Act (CPA) expects a commitment to transparent dealings with consumers. That was the key message delivered to an audience primarily comprised of the marketing fraternity at Friday’s (22 July 2011) “E-mail/SMS marketing and the law” seminar.   Held at the Forum in Bryanston, Johannesburg, and hosted by specialist ICT law firm […]

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Confidence among SA professionals declines in Q2

Results from the latest PPS Graduate Professionals Confidence Index, which tracks confidence levels of more than 3 000 of South Africa’s graduate professionals, show that confidence levels among graduate professionals in South Africa deteriorated over the second quarter of 2011. The survey, which is conducted on a quarterly basis, tracks confidence levels on a variety […]

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SA retail stocks overvalued – value in offshore retailers

While local food retailers are fantastic businesses, they do not present an attractive value proposition for investors when compared with their global counterparts.     That is the view of Johannes Visser, Senior Analyst at RE:CM, a value based asset manager, who says that the high valuation multiples for companies such as Massmart, Shoprite, Pick […]

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South Africa’s savings rate lags other emerging markets

Compared to other emerging economies, South Africa scores very low on domestic savings levels when put side by side with countries such China and Malaysia.   Kieran Godden, Divisional Director: Liberty Corporate Consultants and Actuaries, says “Increased savings levels are essential to advancing a country’s economic aspirations. For example, saving via the government’s national retail […]

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Start with what you’ve got

Absa Investments today (Tuesday, July 12) in Savings Month make a call to South Africans to begin saving now.   The investment arm of the country’s largest retail bank said the rate of bad debt growth was slowing but challenged consumers to go one better and lift the rate of household savings – a figure […]

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