Retirement villages and estates are not all made equal – so what can you do to ensure that you select the right one for your lifestyle and needs? It is essential, says Gert Snyman of Calgro M3 Holdings, the developer of the La Vie Nouvelle sectional-title retirement village in Broadacres, to ensure that the monthly […]
Africa challenged to harness natural resources for inclusive growth
The 8th African Development Forum (ADF VIII) opened in Addis Ababa, Ethiopia, on Monday with a call on African countries to harness their huge natural resources for the benefit of their growing populations. Addressing participants at the opening ceremony, the African Development Bank (AfDB) (http://www.afdb.org) Group Operations Vice President, Aly Abou-Sabba, noted that Africa was […]
Experts agree – SA has potential as an investment destination
Panel discussion at [THE INSIDERS] cautions that focus needs to be on enterprise development Earlier in October, Glacier by Sanlam partnered with TIME magazine to host the first [THE INSIDERS] event, held at the JSE in Sandton. The event aimed to create a space in which a panel comprised of world class market and financial […]
International investment funds industry calls for closer interaction with regulators
Investment experts from around the globe converged on Cape Town, South Africa, this week to discuss the future of the international investment funds industry in an environment of burgeoning regulation with implications across jurisdictions. Hosted by the Association for Savings and Investment South Africa (ASISA), the 26th Annual Conference of the International Investment Funds Association […]
ETFs have a place in portfolios
With the prospect that investment returns will remain subdued for the foreseeable future, both locally and abroad, there is a definite place for ETFs in investors’ portfolios. This is according to Marius Fenwick, Chief Operating Officer of Mazars Financial Services. “Because very few managers are able to consistently outperform the relevant indices, a market has […]
Becoming an entrepreneur in your retirement
Perhaps entrepreneurs are not the first thing that springs to mind when you think of retirement – but actually retirement might be the ideal stage of life for you to pursue a new line of work of your choosing. Still energetic at 60 “Some people are simply not ready for retirement at the age of […]
SA economic prospects dimmer amid unrest, growing imbalances
With economic growth slowing and formal employment levels still below their pre-crisis 2008 peak, widespread labour unrest is exacerbating the country’s cyclical and structural economic imbalances, threatening to stop the hesitant recovery in private sector employment in its tracks, and to worsen South Africa’s already sluggish growth, according to Rian le Roux, chief economist at […]
Competition Tribunal and the JSE approve MMI 100% acquisition of Momentum Short Term Insurance
The Competition Tribunal has approved unconditionally the 100% acquisition of Momentum Short Term Insurance by MMI Holdings Limited from OUTSurance Holdings Limited, a subsidiary of Rand Merchant Insurance Holdings Limited (RMI). The Johannesburg Stock exchange (JSE) has confirmed that the terms of the transaction are fair to the shareholders of MMI and accordingly approved the […]
Call for actuaries to join the civil service to help address structural challenges
A greater involvement of dedicated actuarial resources in the early stages of Government’s policymaking process could reduce unintended consequences in the introduction of new regulations or base legislation. Addressing more than 1 000 actuaries gathered in Cape Town for the 2012 Actuarial Society of South Africa Convention today (17 October 2012), Themba Gamedze, the Society’s […]
Despite active fund managers underperforming, investors should keep the faith
Investors should not abandon their faith in active management by selling out now. Bailing now will only realise, or lock in, current underperformance. In the worst case scenario active managers will continue to perform poorly for some time to come. Since in the end, though, the market will turn, the trick is not to panic […]
