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April 2005
Connect on the move

Though i-Mate’s SmartPhone SP3 has been out for a while, there is nothing dated about its sleek design, clear colour screen and extensive functionality. Despite the huge array of features it is surprisingly easy to...

April 2005
Peace of mind

Mercedes-Benz Finance says it has introduced a special insurance package for its Sprinter bus operators. Simply called Mercedes-Benz Taxi Insurance the product is designed to ensure a peace of mind for the taxi...

April 2005
Settlement platform

Yield-X, the JSE Securities Exchange South Africa’s new interest rate platform, successfully opened for trade the end of February. Yield-X is the JSE’s fourth electronic clearing and settlement platform - alongside...

April 2005
International attractions

While South African equities are still looking positive, one should not ignore the international markets this year, says Mark Appleton, chief investment officer at BJM Private Clients.

“The South African...

April 2005
Enhanced range

Sanlam Employee Benefits (SEB) has enhanced and relaunched its inflation plus portfolio range. These are classed as ‘absolute return portfolios’, and try to outperform inflation rather than attempt to outperform a...

April 2005
Nip on bandwagon

Japan’s economy is in the early stages of an important transformation, according to Peter Lucas at Ashburton, the international investment managers based in Jersey.

As a result, Ashburton remains...

April 2005
Itemised billing

“Buying power is an effective tool to negotiate better deals and services in any business, and none more so than in the short-term insurance industry,” says Keith Kennedy, Executive General Manager for Claims at...

April 2005
Beware the words

The body of Huberta the Hippo is preserved for posterity in the Amatola Museum in King William’s Town.  Huberta is famous for having travelled over a three-year period from 1928, 1600 km from Zululand to...

April 2005
Shopping around

When a home loan is granted, the bank ‘insists’ that you take out homeowner’s insurance to protect its interests. However, what they don’t tell you is that you have a choice of insurer. So, call your insurance broker...

April 2005
A digging plan

South Africa’s mining industry and regulatory regime have collectively embraced environmental compliance relative to mine-closure and rehabilitation. By acting together to formulate both regulation and legislation,...

April 2005
No hard and fast rules

We have all seen it in films and on television: the tapping of phone calls, gaining access to buildings and information in clandestine fashion, unauthorised copying of documents and the like.

The question...

April 2005
Early melt

Africa’s tallest mountain, with its white peak, is one of the most instantly recognisable sights in the world. But as this aerial photograph shows, Kilimanjaro’s trademark snowy cap, at 5 895 metres is now all but...

April 2005
Kyoto reality

Whether global warming is due to human activity or is simply part of a normal cycle of nature is not so much the point. Few these days disagree with the fact it is nevertheless happening. The latest photographs of...

April 2005
Get a tax break

Although tax breaks and incentives to invest are still fairly low in South Africa, there are some tax efficient investment options, other than retirement savings vehicles, which investors could consider.

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April 2005
Spark of hope

Just a quick update on the cover story in our last issue (see Insurance Times & Investments Vol 18.1 February 2005 page 20): since then the Grande Espace has been back to the Renault doctor twice more for a total...

April 2005
What geyser!

A recent dangerous incident involving the explosion of a domestic geyser, which caused massive damage to a home, has highlighted once again a lackadaisical attitude toward safety.

A “plumber” was called...

April 2005
Providing benefits

Old Mutual has introduced a Funeral Support Service (FSS) to provide benefits for its 700 000 eligible policy members and their families.

  “It provides support when it’s most needed,” Ndivhuwo...

April 2005
Forbidding fruit

To bequeath usufruct to someone is an acknowledged way of making provision for one’s next of kin – for example, a husband for his wife (see footnote). But something many people often forget is that usufruct could...

April 2005
About time

Momentum Investment House recently introduced the Investo Version 4 endowment plan.

The company’s Danie van den Bergh (Head: Investment House Marketing) hopes the product is strong enough to attract back...

April 2005
Catch up time

Masthead Managing Director Peter Dempsey says there are new opportunities for brokers that have been opened up by the latest budget presented by Trevor Manuel.

“Independent Financial Advisers are becoming...

April 2005
Moving to self-reliance

Minister of Finance, Trevor Manuel, gave a clear message on the future course of government policy in his 2005 Budget Speech presented to parliament on 23rd February 2005. “Over the past decade we have invested in...

April 2005
More responsibility

Pension fund trustees should ready themselves for compliance with new regulations that are coming into force soon. These will require pension fund trustees to disclose more information regarding adequate control...

April 2005
Family factors

Once the age of retirement is reached most South Africans become entitled to a social pension and are excluded from labour force statistics. In the February 2005 Budget the social pension was raised to R780 per month...

April 2005
Getting together

A new insurance company, which brings truly Black-empowered insurance products to the South African market, has been launched. Unity Insurance Limited is a 49,9% Black-owned enterprise that offers a full set of short-...

April 2005
Return to shareholders

Like M&F Santam is planning to return surplus capital to shareholders. This is to be at a rate of R10 per share (totalling about R1,15 billion) subject to shareholder and regulatory approval. The company has...

April 2005
Huge increase

For its year ended 31st December 2004 Mutual & Federal reports an increase of 13% in gross premium income to R7,4 billion. The company enjoyed a huge increase in underwriting profit from R392 million in 2003 to...

April 2005
Activity halt

From the 15th March 2005, non-licensed FAIS-related activities effectively ceased, according to a recent FSB statement.

Mpho Nkeli, an executive director at Alexander Forbes Risk Services, explains that...

April 2005
Special alliance

Netstar has entered into a special alliance with Nissan SA, in which all new Nissan 1400 and 1400 Champ pickups will be factory-fitted with a Netstar Sleuth as standard equipment. It’s certainly an industry ‘first’...

April 2005
Include number

The 1st of March 2005 marks the start of important new VAT legislation introduced by SARS (The South African Revenue Service). From this date, on all invoices issued in South Africa for R1 000 or more, vendors must...

April 2005
Security Services

The wholesale investment services industry should be aware of far-reaching implications now that new securities legislation, aimed at consolidating the regulation of financial markets, has been adopted.

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