Cover essential for extreme sports

With approximately 89 000 new cases of Traumatic Brain Injury (TBI) reported in South Africa every year, according to Statistics South Africa, it is essential for people engaging in unusual or extreme sports to ensure that their life insurance and disability policies are up-to-date and covers them in the event of an accident to avoid […]

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Can technology prevent fraud?

With the recent spate of Internet banking scams and phishing attacks on social networks, companies have an obligation to protect their staff and the company itself from being attacked through these channels. This is according to J2 Software managing director John Mc Loughlin. South African banking customers were scammed out of R180-million in 2010 alone, […]

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The trillion rand Budget

Local economic update: March 2012 By Tendani Mantshimuli, consumer economist, Liberty Life Government will spend more than R1 trillion over the next year. Our budget deficit has been cut as revenue collection is stronger than expected. The minister of finance, Pravin Gordhan, tabled his third budget in parliament on 22 February 2012. As with the […]

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Altrisk donates to Diabetes SA’s education programmes

Altrisk has donated R86 700 to Diabetes South Africa, a non-profit organisation founded in 1969 with the aim of providing support and advocacy for people living with diabetes in South Africa. Diabetes SA is a member of the International Diabetes Federation (IDF) and is well represented on many of the working committees of this global […]

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New player enters SA life insurance market

BrightRock aims to change the status quo South Africa has a new player in the life insurance market. BrightRock (Pty) Ltd entered the competitive individual life market this week (14 March 2012). BrightRock’s non-executive chairman and insurance industry stalwart, Miles Japhet, has outlined strong financial backing from the Lombard Insurance Group for the start-up venture […]

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Foreign investors prefer SA bonds to equities

While the stellar equity returns during January and February came as somewhat of a surprise, the implications for emerging markets have been rather beneficial, says Luigi Marinus, head of research at Plexus Asset Management. “As the European situation has gone through its ups and downs, market participants have applied a risk-on versus risk-off scenario. This […]

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The costs of education – making your sums

By Nico Coetzee, Executive: Business Development at PPS Investments With 2012 already in full swing, those of us with younger children would already have shopped for new uniform updates, would have packed a good few weeks’ worth of school lunches and would long-since have started with our afternoon activity runs…. But when it comes to […]

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South Africa’s banks well positioned

Combined headline earnings up 17,7%; average return on equity 16%; bad debt expenses down 14,8%; total income up 5,1%; operating expenses up 2,6% The financial results of South Africa’s four major banks’ (Absa, First Rand, Nedbank and Standard Bank) for the six months ended 31 December 2011 are a positive reflection of the financial health […]

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When headlines strike

By Matthew de Wet, Head of Investments – Nedgroup Investments Peruse any financial publication and you are likely to find some heart-stopping headlines. This is because headlines sell newspapers. The headline of the article below reads: ‘Global equities sink as uncertainty in Italy inflames fears’ – and is enough to strike fear into even the […]

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Japan – this time it’s different, seriously

By Simon Finch – Assistant Fund Manager, Japan Equity Fund, Ashburton As the first anniversary of the Great East Japan Earthquake passes, Japan is once again in the spotlight, however, this time it was a Valentine’s Day present from the Bank of Japan (BoJ) in the form of Japanese style quantitative easing that has elevated […]

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