South Africa’s property sector valued at R4,9trn

The South African property sector is worth a whopping R4.9 trillion according to a new study undertaken to discover the size of the country’s property sector. This Property Sector Charter Council commissioned research is the first study of its kind in South Africa. CEO of the Property Sector Charter Council, Portia Tau-Sekati says: “The research […]

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South African consumers maintain optimistic outlook

South African consumer confidence has maintained a positive year-on-year outlook according to the latest MasterCard Worldwide Index of Consumer Confidence, released today. The survey recorded an overall increase of two points in South African consumer confidence to a current score of 69.8 compared to 2011, when a score of 67.8 was recorded. Now in its […]

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Be inspired retired

Don’t just be retired, be inspired-retired! Visit the Retirement Expo for a healthy dose of inspiration and find out how gratifying and fulfilling your retirement can be. The original Retirement Expo runs from 26-28 October 2012 at the Coca-Cola dome in Johannesburg. See, feel, touch, talk about and experience: • Interactive Workshops: Get constructive and […]

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Gold still a firm safe-haven

By Daniel Sacks, portfolio manager, Investec Asset Management Investors remain plagued by the turbulent world economy and seek shelter in gold, as the recent performance of the metal shows. The gold price went through the $1700 level this morning (6 September) and the fundamentals remain in favour of it reaching our forecast price of $1800 […]

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Equities are riskier than bonds – except when they are not

By Paul Bosman, PSG Asset Management We have often written about the margin of safety we demand from equity investments. This prerequisite should ensure that we stay way clear of equities when they trade at grossly inflated prices, i.e. we avoid the equity bubbles. It is not only shares which can pose this trap. In […]

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South African consumer spending less

Consumer spending has been one of the pillars of growth in the SA economy. But as confidence falls and employment remains problematic – will consumers return to spending to boost the economy? Latest stats show that consumers are indeed slowing their spending. “During Q2 2012, SA consumer spending rose by a more modest 2.9%q/q, annaulised, […]

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German ruling and ECB plan mark watershed for bond investors

Following yesterday’s (12 September)  German Constitutional Court decision and last week’s ECB announcement, Russell Silberston, Head of Developed Rates & Currency in Investec’s Fixed Income & Currency team, explains how these developments mark a fundamental shift taking place in investors’ minds, and questions the ‘unintended consequences’ Underlined by today’s Constitutional Court ruling in Germany, the […]

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Investment returns in SA set to taper off in years ahead

Investment returns generated in local equity markets over the next decade are likely to be significantly lower than the returns achieved over the last ten years, with some investors concerned that South Africa could face the prospect of its own ‘lost decade’. According to Felix Ubogu, Head of Asset Consulting at Liberty Corporate, the consensus […]

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IRF Conference identifies Responsible Investing as key issue for retirement funds

Responsible Investing (RI) has been identified by government as key focus on the horizon for the retirement fund industry and may even become regulated in the near future. This is according to Vuyolwethu Nogantshi, Head of Institutional and Consulting at Nedgroup Investments, who says that new legislation introduced in recent years such as amendments made […]

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Protecting your home and pocket from water damage

By Christelle Fourie, Managing Director of MUA Insurance Acceptances With the cooler winter months bringing a lot of rain to certain areas of South Africa, homeowners need to be aware of the responsibility to protect their home against water damage. By performing regular checks and carrying out comprehensive maintenance to relevant areas of the home, […]

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