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Press Room (Page 2)

Press Archive »

Assupol sponsors Skeem Saam TV show

Published: Mon, 14 Jul 14

Assupol Life is proud to announce that it will sponsor the popular SABC 1 youth drama, Skeem Saam. Skeem Saam is a ground-breaking and captivating youth drama series on SABC1, which returns to the screens for a third season today. In response to its popularity, from this season on Skeem Saam will be a daily drama ...
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Cutting costs is not enough – you need to put your money to work

Published: Mon, 14 Jul 14

Reducing your day-to-day living expenses in an attempt to save is a futile exercise unless you actually put the saved amount to work, either by reducing debt or by investing this money. Niel Fourie, Public Policy Actuary at the Actuarial Society of South Africa, says the relentless increase in the cost of living and ...
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South African to Lead Global Internal Audit Organization

Published: Mon, 14 Jul 14

The Institute of Internal Auditors Announces 2014-2015 Global Board of Directors Anton van Wyk, a partner at PwC, was elected 2014-2015 Global Chairman of The Institute of Internal Auditors (IIA) at its annual meeting in London, 10 July 2014. He is the first individual from the African continent to lead the world’s ...
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Assupol unveils new website

Published: Fri, 11 Jul 14

Assupol today launches its new website at www. assupol. co. za. The website is an interactive platform that provides easy navigation and updated information on the insurer’s complete range of products and services. The aim is to assist clients, brokers and intermediaries to make well-informed decisions ...
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GCR affirms Coface South Africa rating of AA+(ZA) Outlook Stable

Published: Thu, 10 Jul 14

Global Credit Ratings (GCR) has affirmed the national scale claims paying ability rating assigned to credit insurer Coface South Africa of AA+ with the outlook accorded as stable. Global Credit Ratings said Coface has strong capitalisation with a statutory CAR cover at a multiple of 1,7 and an international solvency ...
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Four steps to a balanced budget

Published: Wed, 09 Jul 14

Budgeting – it’s a balancing act July is National Savings Month – the perfect opportunity to re-assess your finances. The first step towards achieving this is learning how to draw up a budget. Why is this so important? Simply put, having a budget helps you take control of your financial situation ...
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LISP platform snag no reason to turn away ETF business – Deutsche

Published: Wed, 09 Jul 14

No financial service professional likes to turn away business, though opportunities are apparently being missed in the exchange traded fund (ETF) space because of technical constraints on some LISP platforms. Most established LISP platforms were designed with strong focus on capital allocations into unit trusts. In ...
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The leadership challenge: balancing compliance with freedom for commitment

Published: Wed, 09 Jul 14

Article by CGF Research, written by Dr. Gerhard van Rensburg Excellence is mostly a matter of balance. As Aristotle said wisely, the challenge is not only to do the right thing, but to do the right thing at the right time for the right reason. A good leader inherently knows what the ‘right ...
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Credit ratings of the BRICS countries

Published: Tue, 08 Jul 14

    Jac Laubscher, Group Economist Sanlam       Although not unexpected, the recent downgrading of South Africa’s credit rating by Standard & Poor’s (hereafter S&P) elicited wide reaction. The foreign currency rating was downgraded to BBB-, ...
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The governing bodies of BOAD re-appoint President Chistian Adovelande and Vice-president Bassary Toure

Published: Tue, 08 Jul 14

The West African Development Bank (BOAD) is the common development finance institution of the eight member countries of the West African Economic and Monetary Union (WAEMU) LOME, Togo: At their meeting held on 28 June 2014 in Dakar, the WAMU Council of Ministers re-appointed Mr. Chistian Adovelande, President of ...
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Debt tricks to avoid when purchasing a new car

Published: Tue, 08 Jul 14

When it comes to obtaining credit for that new car you’ve always wanted, consumers often fall for the advertisements and promotions promising attractive offers such as 0% interest or cash back after paying 3 months of your new car instalment, which is tempting at first but can have consequences in the near future ...
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Stress testing risk management

Published: Tue, 08 Jul 14

      Dr David Hillson FIRM, HonFAPM, PMI Fellow       Stress testing originated in engineering to check that structures such as bridges, roads, tunnels and buildings would carry the expected load without collapsing. It was usually performed ...
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National Savings Month: Not your run-of-the-bill savings tips

Published: Mon, 07 Jul 14

With National Savings Month kicking off in July, how to preserve our hard-earned rands will be the question on everyone’s minds. It is a fact that South Africans do not save enough. For example, did you know that only 6% of South Africans will retire comfortably? Saving has little to do with how much we earn ...
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The Turkish economy - What to expect in the second half of 2014

Published: Mon, 07 Jul 14

External deficit expected to narrow, in line with slower growth Inflation above the Central Bank’s year-end target, due to the lira’s depreciation and high food prices Political risks to be monitored in the period ahead Global deterioration of risks, except externally-oriented industrial sectors Corporate ...
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Standard Bank and Liberty Corporate launch Employee Protect to support the SMME sector

Published: Mon, 07 Jul 14

Standard Bank and Liberty Corporate announce the launch of Employee Protect, a new product that provides cost-effective employee benefits solution to South Africa’s small businesses (SMME), with no medical underwriting requirement. A first, of its kind, by a South African bank, Employee Protect is a simple, ...
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Join in the fun at the Marriott Dargle Trails Festival

Published: Mon, 07 Jul 14

Marriott, the Income Specialists, look forward to welcoming families to the Marriott Dargle Trails Festival at the Lions River Club. Marriott are delighted to team up with the Lions River Club to bring to the public a great array of events to challenge both seasoned competitors and young family members alike ...
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Why do companies walk backwards into the future?

Published: Mon, 07 Jul 14

Article by CGF Research Institute and Palladium Strategy Consultants How can this possibly be true? Unfortunately, many companies structure strategic planning only as annual processes, ultimately as a precursor to increase the following year’s budget by for example ten percent. At the heart of this ...
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Endowments, used smartly, can create immense value

Published: Mon, 07 Jul 14

By Andre Tuck, Investment Account Manager at Glacier by Sanlam If you are a higher income earner looking for an investment that will result in you paying less tax, while still following a growth investment strategy, and where maximum liquidity is not essential, then an endowment may just be the right investment ...
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ONE applauds AU Malabo Declaration’s re-commitment to agriculture transformation

Published: Mon, 07 Jul 14

African leaders re-affirmed their intention to devote 10% of their national budgets to agricultural development JOHANNESBURG, South-Africa: ONE. org (http://www. one. org) applauded African Union leaders today for solidifying their commitment to transforming Africa’s agriculture sector by improving upon the ...
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Collective Investment Schemes and Participation Bonds

Published: Mon, 07 Jul 14

By Riza Moosa, Director Norton Rose Fulbright South Africa On 20 June 2014 the Financial Services Board issued amended rules for the administration of a collective investment scheme in participation bonds. The amended rules place increased obligations on the manager of the scheme in relation to the valuation of ...
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