Anyone who’s ever been involved in a building project that’s gone wrong will appreciate the importance of adequate insurance cover in the construction industry. Whether it’s storm damage to a roof in your newly built guest bedroom, or a bridge collapsing and causing injuries, the list of things that can go wrong during construction is […]
Tag Archivesnews
The four best investment lessons we learn from volatility
Volatility is a given in the investment world, and in the past year investors have been exposed to several events that sparked short-term volatility. There were irregularities around corporate finances, sovereign events like the ANC elective conference, and concerns around rising inflation in the United States, which led to a sharp decline in US markets […]
Is Bitcoin just a digital tulip?
Throughout history, the world has been exposed to numerous economic bubbles. From Japan’s real estate and stock market bubble in 1990 to the dot-com bubble and US housing bubble, each one had dire consequences for the economy and detrimentally impacted millions of people. Whether Bitcoin is destined for a similar fate remains a rife debate […]
Fintech disruption in asset management
Increasingly we are hearing about technology-led developments in the South African fund/asset management space with the publicity around robo-advisers, a class of financial adviser providing digital financial advice based on algorithms, with moderate to minimal human intervention. However, not much has been written about the actual management of money through AI and machine learning, certainly in the […]
Woolworths and its woes down under
South African companies expanding into Australia are again making headlines, this time with Woolworths announcing that it faces an impairment charge for David Jones of A$712.5 million (R7 billion). Woolworths acquired David Jones for R23.3 billion in April 2014, concluding the largest Australian deal at that time by a South African retailer. Now, with […]
Are higher taxes on wealthy South Africans justified?
Talk of a potential wealth tax in South Africa has re-ignited the debate on the taxation of high net-worth individuals (HNWIs). For many taxpayers around the world, progressive taxes – in which the more one earns, the higher the rate of taxation – contradicts the principal of equality. In fact, it is this thinking that […]
AI: Top Trends To Look Out For in 2018
In his 2017 forecast, Scott Zoldi, analyst for big data analytics, artificial intelligence(AI) and cyber security company, FICO (Fair Isaac Corporation), suggested that we were “just at the beginning of the golden age of analytics, in which the value and contributions of AI, machine learning (ML) and deep learning will only grow as we accept […]
Ending 2017 on a financially high note
Alexander Forbes Financial Planning Consultant, Rita Cool, offers some important financial advice on how to see out 2017. (more…)
