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Henley and Partners on second citizenships

Second passports ‘no longer just talk’

The recent credit downgrades by Fitch and Standard & Poor’s ratings agencies, and the potential effects of junk status, has wealthy South Africans seriously reviewing the available options for diversifying their personal interests and investment assets beyond the country’s borders. (more…)

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Europ Assistance on potholes and tyre damage

City of Johannesburg lauded for ‘declaring war’ on potholes

Herman Mashaba, mayor of Johannesburg, recently revealed his plans to alleviate the city’s pothole problem by awarding R88 million to address the pothole repair backlog across the city. The Johannesburg Road Agency has also launched a new mobile app called Find & Fix, to allow citizens to quickly and easily report road related defects like […]

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Macron to fight yet another battle

European stock markets responded to Emmanuel Macron’s victory in the French presidential elections with only moderate enthusiasm – and no relief rally. Perhaps one can assume that his win had already been factored in.  Or maybe it’s because the markets are waiting for France’s parliamentary elections next month. (more…)

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Financial inclusion remains ‘a work in progress’

On the surface, South Africa appears to be financially inclusive compared with other emerging markets: 70% of adults, for example, have a transaction account. However, it’s not nearly as inclusive as most mature markets, and serious and stubborn gaps remain, according to a new report by The Boston Consulting Group. (more…)

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Alma Nielsen- National Manager - Claims and Underwriting - LR

Telematics in vehicles – Big Brother isn’t watching you

The European insurance market introduced telematics about ten years ago and South Africa followed suit by introducing it into the local market. The insurance industry then faced the challenge of overcoming the stigma that telematics will become a ‘big brother’ initiative to spy on its clients. This is according to Alma Nielsen, National Manager Claims […]

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Mokgatla Madisha

Cabinet Reshuffle: how it impacts you

“Don’t get distracted, focus on the fundamentals,” says Mokgatla Madisha, Head of Fixed Interest at Sanlam Investment Management. The political situation in South Africa has been fluid for quite some time so the events of last week are not all that surprising. They serve merely to distract government and business from focusing on the real […]

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Arthur Kamp Investment Economist at Sanlam Investments1

Sanguine US Fed waits on Republican fiscal policy decisions

The US Federal Reserve’s decision on 15 March 2017 to increase the target range for the federal funds rate by 0.25% to 0.75-1.0% was widely anticipated. (more…)

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Regard Budler1

Improving financial literacy in South Africa

Tackling financial literacy is a critical challenge for South Africa. We’re one of the most indebted nations in the world. The latest National Credit Regulator data indicates that 40% of credit active consumers have impaired status, which means they have in some way failed to meet their obligations, and the 2016 MMI Unisa Consumer Financial […]

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