Showing posts with category "finance"

South Africa’s shrinking JSE – investors explain what’s going on

The Johannesburg Stock Exchange continue to face questions around its shrinking size, with a further two delistings – CSG Holdings and Alaris – confirmed on Monday (11 October).

October 14, 2021
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Finance

Finance minister Godongwana on South Africa’s new ‘exit tax’ – and why it’s not a tax

Finance minister Enoch Godongwana has clarified Treasury’s position on South Africans who change their tax residency, saying it is incorrect to call the recent amendments ‘exit taxes’.

October 14, 2021
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Finance

Discovery vs Bonitas vs Momentum – how medical aid prices have increased in South Africa

The South African Reserve Bank has published a research note on medical aid contributions in South Africa, and how the Covid-19 pandemic has impacted increases.

October 13, 2021
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Finance

This is where South Africa is heading right now: IMF

The International Monetary Fund (IMF) has published its latest growth outlook for the world’s major markets, with the group forecasting that the global economic recovery is set to continue, despite the resurgence of Covid-19 in parts of the world.

October 12, 2021
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Finance

Retirement expectations in South Africa vs reality

A significant number of South Africans believe they will continue working for the rest of their lives and do not see retirement as an option.

October 11, 2021
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Finance

The rand is finding its feet – here’s where it could be heading towards the end of 2021

The South African rand has shown its volatile side in recent days, having endured a torrid time last week, to peak above R15.00 against a resurgent dollar. This week however, the local unit has looked to regain some of those losses, in line with broader emerging market movements.

October 8, 2021
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Finance

South Africa’s average household wealth versus the rest of the world

Financial services provider Allianz has published the twelfth edition of its Global Wealth Report, which puts the asset and debt situation of households in almost 60 countries under the microscope – including South Africa.

October 7, 2021
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Finance

Blockchain lead at Investec on what the future of money looks like

Blockchain lead at Investec, Chris Becker, explains the hype around NFTs and the future of money and payments

October 7, 2021
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Finance

South Africa’s average wage is rising – here’s why that might not be a good thing

Higher wage growth typically serves as an indicator for stronger labour market conditions, as it signifies rising demand for labour.

October 6, 2021
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Finance

Fuel crisis looming in South Africa, warns economist

South Africa’s rising petrol costs and an international energy crisis are set to place added pressure on South African consumers in the coming months, warn financial experts.

October 6, 2021
tags
Finance

What proposed pension changes will actually mean for South Africa

Jane is 66. She was formally employed for over 35 years, earning R13,000 a month at the end of her career, and contributing to a pension fund. Now she is retired – and she has no pension. Her story is common.

October 6, 2021
tags
Finance

5 big changes coming for Discovery medical aid members in 2022

Discovery Health announced several new products and changes at its annual product update event this week, including a new Discovery Hospital service and international coverage.

October 6, 2021
tags
Finance