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Press Room (Page 2)

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Sub-Saharan Africa High-Level Ministerial Exchange Visit, 22 to 24 August 2016

Published: Mon, 22 Aug 16

10 Ministers from Botswana, Cabo Verde, Ethiopia, Ghana, Mauritius, Mozambique, South Africa, Tanzania, Uganda and Zimbabwe will participate in the Exchange Visit SINGAPORE, Singapore: Minister for Foreign Affairs Dr Vivian Balakrishnan will be hosting the Sub-Saharan Africa High-Level Ministerial Exchange Visit ...
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Affordable housing backlog: What else can be done?

Published: Mon, 22 Aug 16

By Oupa Masilela, Executive Head of Affordable Housing at Standard Bank In support of Government’s commitment to provide sustainable, dignified human settlements to the disadvantaged, Standard Bank offers affordable housing mortgage finance. Having maintained its position as the leading mortgage ...
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40 investment projects set to stimulate growth

Published: Mon, 22 Aug 16

Pretoria: President Jacob Zuma will chair an Inter-Ministerial Committee on Investment that will coordinate 40 priority investment projects across government. This is according to the Minister in the Presidency for Planning, Monitoring and Evaluation, Jeff Radebe, who briefed media in Pretoria on Monday following ...
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Four paychecks left to prepare for a carefree holiday

Published: Mon, 22 Aug 16

Amidst the frantic pace of work and living, you may not have noticed that there are only four short months – and paychecks – left until the festive season. But with December speeding towards us, now is the time to put some simple money-wise plans in place to help ensure a stress-free holiday and a debt ...
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Causal Event Charges Challenged - Part III

Published: Sun, 21 Aug 16

In search of the modern investments’ Holy Grail, better known as the calculation of causal event charges, we came across an interesting new perspective on the matter. A broker that I spoke to mentioned that he requested to speak to the actuary responsible for drawing up the guidelines, only to be told that the ...
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Cassper Nyovest talks financial freedom

Published: Fri, 19 Aug 16

What sounds better; being rich or being wealthy and do you know the difference? “Wealth is a personal interpretation - it depends on where you start. The benefactor of generational wealth accumulation would have a different view of wealth compared to those who build it from scratch. Wealth is about accomplishing ...
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SA pursuing a diversified energy mix

Published: Fri, 19 Aug 16

Pretoria: Energy Minister Tina Joemat-Pettersson has reiterated that South Africa is pursuing a diversified energy mix that includes both independent power producers and the nuclear build. In a statement on Wednesday, the Minister said the diversified energy mix is in support of government’s programme of ...
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Houses for women, by women

Published: Fri, 19 Aug 16

Anti-apartheid activist Caroline Dunga concedes that women did not enjoy all the rights enjoyed by their male counterparts during the apartheid years. “As veterans, we are pleased that things have changed because most women were left out of many things in those days,” she says. “It was very difficult ...
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Special Economic Zones are a Key Driver to Attaining Industrialisation and Economic Growth

Published: Fri, 19 Aug 16

It is important to note that SEZs are a long-term developmental programme and that they are an important platform for joint planning and collaboration across all the spheres of government PRETORIA, South Africa: Special Economic Zones (SEZs) are a key-driver to attaining industrialisation and South Africa’s ...
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Rising Stars and Fallen Angels

Published: Thu, 18 Aug 16

Dr Andrew Dittberner, Chief Investment Officer, Cannon Asset Managers, warns of the danger of confusing “Big” with “Great”. Are blue chips a great investment?   Conventional wisdom tells us that large, established companies are a safer and better investment option than ...
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Competition law has created a new form of delictual liability

Published: Thu, 18 Aug 16

      By Patrick Bracher, Director Norton Rose Fulbright South Africa Inc.     The high court award of R104 million payable by South African Airways to Nationwide Airlines is the first case to confirm that the Competition Act has created ...
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The best ways to secure your financial freedom

Published: Thu, 18 Aug 16

By Yolande Botha, CFP®, FPI 2016 Financial Planner of the Year Finalist   JOHANNESBURG: In order to secure your financial freedom you need financial back-up. If you have a way to pay for any unexpected expense that comes your way, be it a repayment on a vehicle or the ability to pay cash for the excess ...
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Stor-Age shows substantial growth

Published: Thu, 18 Aug 16

By Richard Colburn Sanlam Private Wealth Stor-Age (SSS) listed on the JSE in November 2015 and raised R1 billion through an oversubscribed share placement on listing. Having initially opened its first property in 2006 and formed a joint venture (JV) with Acucap (subsequently absorbed by Growthpoint) and Faircape ...
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Brazil Recession is Expected to Continue in 2016

Published: Thu, 18 Aug 16

By Coface the international trade credit insurance company     Strengths 6th-largest economy worldwide Growing active population Varied and abundant mineral and agricultural resources Advanced manufacturing industry: aerospace, chemicals, pharmaceuticals and ...
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Addis Ababa to host the 10th African Development Forum

Published: Thu, 18 Aug 16

Preparations are underway for the Tenth African Development Forum (ADF) to be convened by the Economic Commission for Africa, the African Union and the African Development Bank ADDIS ABABA, Ethiopia: Preparations are underway for the Tenth African Development Forum (ADF) to be convened by the Economic Commission ...
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Integral closes in on R1bn in AUM in three months

Published: Wed, 17 Aug 16

Integral, the Illovo-based asset and wealth management company, is fast approaching R1 billion in assets under management (AUM) in just three months since the launch of the business. Asset management chief executive David Eliot commented today (Wednesday, 17 August) : “This is a great expression of ...
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Cash is on its way out – 6 ways to make sure you are ready

Published: Wed, 17 Aug 16

By Charles Pittaway, Managing Director, Sage Pay   The cashless economy is almost here. Just a couple months ago, the European Central Bank suggested that the 500 Euro note will be eliminated. While the humble card is still the most favoured method of payment, digital wallet services, new mobile ...
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Causal Event Charges Challenged - Part II

Published: Wed, 17 Aug 16

Errata: In Part I we referred to the product involved as being a pure endowment while it is, in fact, a single premium retirement annuity without life cover. In Part I, we discussed the product provider’s response to a client’s questioning of how a causal event penalty of nearly R10 000 can accrue ...
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A testing time for trusts

Published: Tue, 16 Aug 16

By Tony Barrett – FNB Financial Advisory Wealth Manager  National Treasury released the much anticipated Taxation Laws Amendment Bill (TLAB). Finance Minister Pravin Gordhan, in the 2016 Budget Speech, had made some strong remarks about the direction government was taking regarding trusts. The TLAB ...
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Innovating for entrepreneurial success

Published: Tue, 16 Aug 16

Getting a foothold on the ladder to business success can take little more than a smartphone and the right attitude, as a growing ecosystem of auto spares resellers is proving. With Jonathan Ngwenya’s chain of auto salvage yards at its hub, a network of panelbeaters, mechanics and middlemen is thriving across ...
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From The Glossary »

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Instalment Option:

A settlement option whereby the proceeds of a life insurance or endowment policy are paid in periodic installments rather than in a lump sum.
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