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Press Room (Page 2)

Press Archive »

The employment relationship and how it is affected by business transfers in countries across Africa

Published: Wed, 27 Jul 16

Different African countries regulate the employment impact of business transfers differently. The key distinction across jurisdictions is whether or not there is an automatic transfer of employment with going concern transfers, and if there is, whether this applies in outsourcing situations as well. ...
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Unpacking Brexit: Is there opportunity in the UK listed property market and what does it mean for SA investors?

Published: Wed, 27 Jul 16

While the direct consequences for businesses operating in the UK or Europe are very difficult to predict, it is clear that a disorderly resolution of the terms of Brexit could have a very negative effect on a number of companies and sectors globally. “Fear and uncertainty typically create an opportunity ...
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World’s first management accounting standard published

Published: Wed, 27 Jul 16

CIMA, the Chartered Institute of Management Accountants has sponsored the creation of the world’s first management accounting standard, codifying a universal framework for best practice in decision making. PAS 1919:2016 Guide to management accounting principles with input from organisations including Sky, Fujitsu ...
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Sanlam Investments Market Update: June 2016

Published: Fri, 22 Jul 16

By Carl Roothman, CEO of Sanlam Investments Retail Business Tough business conditions continued during June. SA business confidence fell to a new all-time low, hurt by poor performances in sectors such as manufacturing and retail. Still, SA narrowly avoided a downgrade to junk status by Standard & Poor’s, ...
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China’s 2015 private sector debt accounted for 205% of GDP

Published: Thu, 21 Jul 16

By Coface, the international trade credit insurance company   Strengths External accounts benefiting from industrial competitiveness and diversification Sovereign risk contained: public debt mainly domestic and denominated in local currency Gradual move up-market Development ...
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The state of savings in South Africa

Published: Thu, 21 Jul 16

By Cathy Lammas, Business Development Manager at Glacier by Sanlam   In 1994, with much fanfare and great excitement, South Africa held its first truly democratic elections. The affectionately named ‘Rainbow Nation’ was born, so named for its rich mix of different ethnic groups, languages ...
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Insurers lag behind pension funds on tackling climate risk, threatening financial shock

Published: Thu, 21 Jul 16

Risk specialists ignore implications for their portfolios, putting trillions at risk   The global insurance industry is failing to rise to the challenge of climate change, putting trillions of dollars of investments at risk and threatening financial stability, reveals a new study from the Asset Owners Disclosure ...
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Minister Gordhan attends BRICS bank’s first annual meetings

Published: Thu, 21 Jul 16

Pretoria: Finance Minister Pravin Gordhan and a South African government delegation this week attended the first annual meetings of the New Development Bank (NDB) in Shanghai, China. The meetings were held on Wednesday and Thursday. “The BRICS [Brazil, Russia, India, China and South Africa] led institution ...
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Sanlam Collective Investments launching retail and qualified investor hedge funds

Published: Thu, 21 Jul 16

“As the longest standing collective investment schemes managers in South Africa, we are thrilled at the prospect of offering clients access to retail and qualified investor hedge funds from July 2016,” says Liezl Myburgh, Chief Executive Officer of Sanlam Collective Investments (SCI). SCI has received ...
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How to buy your first home

Published: Thu, 21 Jul 16

Many of us dream about owning our own home, but it takes much more than wishful thinking and a savings plan. Acquiring your first property requires a plan and a strong dose of determination. There are many steps in this process, but if you follow a disciplined approach, you will own your house in no time. However, ...
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Weak Pound Indicates a ‘buy now’ Option for SA Investors with Sights Set on UK Property

Published: Thu, 21 Jul 16

As post-Brexit calm starts to return to global and United Kingdom markets, South African investors with their sights set on UK property can consider 2 options: continue to make the most of a weakened British pound by purchasing property at an attractive price; or put their buying decisions on hold joining some other ...
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Investors to get VIP treatment at #BuyaBusiness expo

Published: Thu, 21 Jul 16

Business investors and key franchise players are set to enjoy VIP treatment as members of #THEClub at the upcoming #BuyaBusiness expo in Johannesburg. #BuyaBusiness expo, presented by Thebe Reed Exhibitions from 8 – 10 September 2016 at the Ticketpro Dome at Northgate, will showcase leading franchises and a ...
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Boost your money lingo this savings month

Published: Thu, 21 Jul 16

JOHANNESBURG: Have a haircut every six weeks and you’ll be well groomed. Give your money a haircut every six weeks and you’ll be broke pretty quickly. Confused? Why should it be good for you to get a haircut, but bad for your money? Put it down to the lingo. Money has a language all of its own ...
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Comments sought on revised voluntary disclosure programme

Published: Thu, 21 Jul 16

Pretoria - The public has until 8 August to comment on the revised 2016 Draft Rates and Monetary Amounts and Amendment of Revenue Laws Amendment Bill, among others. The amendments, in addition to the 2016 Draft Rates and Monetary Amounts and Amendment of Revenue Laws (Administration) Bill, were published by National ...
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Avoid the consequences of not saving

Published: Wed, 20 Jul 16

With July being Savings Month, South Africans are encouraged to think about how much they save and to re-evaluate their long-term financial goals. Scare tactics seldom work but the truth is that without adequate savings your future will look bleak, says John Manyike, head of Financial Education at Old Mutual. The ...
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The 2016 Nelson Mandela Annual Lecture

Published: Wed, 20 Jul 16

This is an extract from the lecture by Bill Gates at Pretoria University. If there is one thing I’m sure of, it is this: Africa can achieve the future it aspires to. That future depends on the people of Africa working together, across economic and social strata and across national borders, to lay a foundation ...
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World must work together to ensure Africa's young can seize their potential and thrive, says Bill Gates

Published: Tue, 19 Jul 16

PRETORIA, South Africa: Africa's future rests in the hands of its youth - and every effort must be made to ensure they thrive, philanthropist and entrepreneur Bill Gates said in South Africa today (EDITORS: SUNDAY, 17 July 2016). Delivering the 2016 Nelson Mandela Annual Lecture at the University of Pretoria (Mamelodi ...
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Collaboration, better use of natural resources, to help address African power shortfall

Published: Tue, 19 Jul 16

Intra-regional collaboration, increased use of renewables and optimised infrastructure are among the solutions to Africa’s power shortfall, delegates heard at the opening of POWER-GEN & DistribuTECH Africa 2016 in Sandton today. During the opening session of the fourth annual POWER-GEN & DistribuTECH ...
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Absa launches Masterpass App for safe, convenient digital payments

Published: Tue, 19 Jul 16

Absa introduces Masterpass digital wallet for safe and convenient shopping   Johannesburg, South Africa: Absa launched the Absa Masterpass App, a digital wallet powered by Mastercard, enabling South Africans to make safe and easy payments wherever Masterpass is accepted. Payments via the Absa ...
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Are you saving enough for your child’s future?

Published: Tue, 19 Jul 16

Saving for your children’s future is a financial gift every parent would like to provide, especially if it can shape their lives in a meaningful way. According to Jenna Hartley, Investor Consultant at 10X Investments, many South African parents place significant importance on ensuring that their ...
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Discountable:

To realise before the expiry date, with the deduction of a certain amount by way of a discount.
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