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Press Room (Page 2)

Press Archive »

Old Mutual Two Oceans record in danger says Ramaala

Published: Tue, 24 Mar 15

R1million up for grabs With a R1million bonus up for grabs in both the men’s and women’s races at the Old Mutual Two Oceans ultra-marathon this year, veteran athlete Hendrick Ramaala believes the records could be under threat. The large incentive bonus was offered by the headline sponsor for the first ...
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World Economic Forum's Global Agenda Council on Africa to meet in Addis Ababa

Published: Tue, 24 Mar 15

ADDIS ABABA: African Media Agency (AMA) - The last week of March 2015 will see a flurry of activities in the diplomatic capital of Africa, Addis Ababa as discussions focus on the continent's financial and economic development. To these consultations, the World Economic Forum's Global Agenda Council on Africa ...
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FPI and Gauteng Consumer Affairs Office partner for financial education

Published: Mon, 23 Mar 15

Johannesburg: Financial Planning Institute (FPI) and the Gauteng Department of Economic Development’s Consumer Affairs Office (GOCA) have signed a memorandum of understanding that will mean free financial literacy seminars for members of the public this year. This is the third such MoU that FPI has entered into ...
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“Mandela in Me” tour to France hangs in the balance

Published: Fri, 20 Mar 15

Memeza Africa Choir Sponsorship Falls through – just 12 Days Ahead of First Tour to France Mandela in Me, a new and powerful show performed by the internationally acclaimed choir, Memeza Africa, was headed for France, until, with less than two weeks to their departure, its principal sponsor pulled out. ...
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From signets to electronic signatures

Published: Fri, 20 Mar 15

Article by Terrance M. Booysen and reviewed by Niel Maritz (MKM Attorneys: Senior Partner) As far back as biblical times, it seems that people were also concerned with the authenticity of a person’s signature. Although there were far fewer people in those ancient times who actually had the power, authority ...
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CIMA updates code of ethics for modern business

Published: Fri, 20 Mar 15

In a bid to ensure relevancy and to reflect the changing dynamics within the management accounting profession, CIMA, the Chartered Institute of Management Accountants has updated and relaunched its Code of Ethics to guide its 227 000 members and students around the world. Says Zahra Cassim, CIMA Head of South Africa: ...
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PSG launches new consumer-centric website

Published: Thu, 19 Mar 15

Leading independent financial services group PSG has launched its new, consumer-centric website. “Having restructured the business, PSG required the consolidation of multiple websites with a holistic, user-focused approach. After some nine months of research and development in collaboration with Publicis ...
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Two key ingredients for long term company survival

Published: Thu, 19 Mar 15

Adrian Saville, CIO of Cannon Asset Managers, looks at how companies can overcome a poor business environment. How JSE many companies do you think beat the last downturn? Of the more than 1,000 companies survey in our research, just a handful of JSE-listed companies managed to sustain and grow earnings between ...
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Corporate Overdue Payments in China at High Levels: 80% of Corporates Affected in 2014

Published: Wed, 18 Mar 15

Slower growth and increase in non-performing loans expected in 2015 The latest Coface survey on corporate credit risk management in China, conducted in the fourth quarter of 2014, reveals that 8 out of 10 corporates experienced overdue payments in 2014. Coface, the international credit insurer, forecasts that GDP ...
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African real estate has unique drivers for growth - PwC

Published: Wed, 18 Mar 15

Global megatrends will drive growth opportunities in the real estate industry across the African continent: PwC report           Ilse French, Real Estate Leader for PwC Africa         JOHANNESBURG, South-Africa: Global megatrends, such ...
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FSB Addresses Churning

Published: Tue, 17 Mar 15

Up front bonuses, offered by insurance companies to entice financial advisers to leave their current insurer and join another, were prohibited by the Financial Services Board in December 2014. In a media release last Friday, Ms. Caroline Da Silva, FAIS Deputy Executive Officer at the FSB, said that these ...
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Much life yet in lifestage investment offerings

Published: Tue, 17 Mar 15

Cape Town: There is much life in lifestage investment portfolios, it seems. Their popularity among retirement funds has increased over the past few years, and compared to other investment structures they are delivering highly competitive results. They are also an excellent solution to National Treasury’s proposals ...
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Start saving and slash your tax bill

Published: Tue, 17 Mar 15

By Quaniet Richards, Head of Retail Investments: Sanlam Investments Cape Town: South Africans are not saving enough. In fact, Reserve Bank stats show a rapidly deteriorating savings culture in our country. While we saved on average 10% of our disposable income in the 1970s, this figure has now dropped to close ...
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PwC launches ‘Into Africa – the continent’s cities of opportunity’ report to highlight the potential of the continent: African CEO Forum, Geneva 2015

Published: Tue, 17 Mar 15

The African continent is crossed by five trends: demographic change, urbanisation, technological changes, the transfer of economic power and climate change GENEVA, Switzerland: Today at the African CEO Forum of 2015 in Geneva, PwC (http://www. com) launches the first edition of its ‘Into Africa – the ...
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Africa CEO Forum 2015: African Business Leaders Turn out in Force

Published: Tue, 17 Mar 15

                Amir Ben Yahmed at the opening ceremony of the Africa CEO Forum 2015           GENEVA, Switzerland: African Media Agency (AMA) - The AFRICA CEO FORUM 2015, the key event for the African ...
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With the right approach, global emerging markets offer good investment growth potential

Published: Mon, 16 Mar 15

Cape Town: Significant GDP growth is expected for a number of emerging markets over the coming 10 to 15 years, pointing to potentially stellar emerging market growth. This is according to Feroz Basa, Co-Head of Global Emerging Markets for Old Mutual Investment Group. He says that investors who avoid Global Emerging ...
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Treating Customers Fairly is no longer an option

Published: Mon, 16 Mar 15

The financial services industry is one of the most progressive and modern in the world and is dedicated to meeting consumer demands in the most efficient and helpful manner as possible. There are a variety of regulatory bodies in South Africa to provide the framework for the financial services industry to operate. ...
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Mauritius Commercial Bank to bolster African expansion

Published: Mon, 16 Mar 15

PORT-LOUIS, Mauritius: The Mauritius Commercial Bank (MCB) (http://www. mcb. mu) is affirming its growing African ambitions through its participation as one of the four Diamond Sponsors of the forthcoming Africa CEO Forum. This event, one of major rendezvous of the financial and corporate African scene, will welcome ...
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African governments to have stronger enforcement of anti-bribery and corruption regulation

Published: Fri, 13 Mar 15

"The way that things have always been done” is changing in many African countries LAGOS, Nigeria: 57. 6% of companies see the development of policies and procedures that can be practically applied in all countries as the most challenging internal anti-corruption and compliance issue. * This is one of ...
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Indonesia: Stabilisation of Growth Despite Worries

Published: Fri, 13 Mar 15

By Rocky Tung at Coface, the international credit insurer’s economic & research department in France Indonesia’s 4Q 2014 GDP growth was 5% Y-o-Y, in-line with 3Q 2014. Annual GDP growth slowed to a 5-year low of 5% Y-o-Y for the full-year 2014, comparing to a higher 5. Coface expects Indonesia to ...
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