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February 2011
Amazing maize

The Supreme Court of Appeal recently delivered judgement in the case of Commissioner for the South African Revenue Service (SARS) v NWK Limited. The case was an appeal by SARS against a judgement of the Johannesburg...

February 2011
Doing your research

When it comes to South Africa the old adage, ‘You get what you pay for,’ does not apply that much. The reason is that so many goods and services seem to be of arbitrary standard and quality. Indeed, there are very few...

February 2011
What is the best mix?

The chart below, courtesy of SIM, looks at discrete annual returns in each calendar year across various asset classes in South Africa available for general investment.
These...

February 2011
Buy and hold

The one boaster in the pub who has made a 20% return in a market averaging 10% receives immediate hero status. All eyes – and ears – are on him. The most attendant are those 20 people also in the pub who have just...

February 2011
Tracking fun....

October marks the third anniversary of the launch of the FTSE/JSE RAFI® 40 Index (Research Affiliates Fundamental Index) in South Africa, during which time it has outperformed 75% of all domestic general equity funds...

February 2011
Aims high

ABSA Investment Management Services (AIMS) has announced the expansion of its linked investment range to include exchange traded funds (ETFs), the index-tracking instruments that have enjoyed worldwide growth in...

February 2011
Avoiding the lethal herd

As we start 2011, I believe that it is worthwhile reviewing some of Warren Buffet’s wisdom gleaned from his annual letters to shareholders which are always filled with gems. “For me,” says Dr Adrian Saville, CIO of...

February 2011
Hearth and home

Relatively speaking, domestic fires are not a common affair, but when they do occur the damage can be devastating. Indeed, this is the case even for those wise enough to insure adequately. There is the stress, grief,...

February 2011
Not so clear

The Consumer Protection Act 2008 will come into effect on 31st March 2011. Its purpose is to promote and protect the rights of South African consumers, and this protection could potentially extend to offshore...

February 2011
Towing touts

The Ombudsman for Short-Term Insurance says that disputes between short term insurance companies and their clients arise on a daily basis regarding towing and storage fees and the cover provided for this. Many of...

February 2011
Marketers kicked into touch

While the implementation of the Consumer Protection Act has been delayed to April 2011, it will have substantial implications for the South African property industry. Developers, estate agents, mortgage and credit...

February 2011
Needing your bread buttered on both sides

The latest findings of Old Mutual’s Savings Monitor shows that 23% of South Africa’s working population now falls into the ‘Sandwich Generation’, way higher than people in first world economies like the USA/Canada (...

February 2011
Unacceptable rates of poverty and inequality

The new growth path recently announced by government states that employment creation is the main priority of economic policy. “The need to increase jobs cannot be overstated,” comments Dr Sheshi Kaniki - Senior...

February 2011
No fear

While crime remains one of the biggest concerns for small businesses in South Africa, according to the results of a recent survey, many small, medium and micro enterprises (SMEs) have no insurance cover in place in...

February 2011
Structure for growth

Together with inflation longevity is one of the major financial risks facing pensioners, particularly women, many of whom live 25 to 35 years beyond age 65.

According to the South African Annuitant...

Tuesday, May 14, 2013 - 12:07
Dedicated help

As high net worth families place a greater premium on risk management, they are increasingly turning to ‘family offices’ because the scope of services they provide gives a unique perspective on risk in its many guises...

February 2011
The 183 split

An increasing number of foreign nationals employed by multinational companies are accepting assignments or secondments to South Africa. What income tax liabilities do they have, and what obligations does SARS impose...

February 2011
A free fallacy

Free financial advice is dangerous as it leads to event-driven or product-based solutions. How financial advice is dispensed, and the structure and timeframe in which it is done, is the key determinant of successful...

February 2011
A real Spanish Omelette

It was in August 2008 that the Spanair Flight 5022 crashed and the reason was given that the pilots forgot to put out the flaps and slats which were essential to the aircraft gaining height on take-off. There should...

February 2011
Broker offering

Zurich Insurance Company South Africa (Zurich) and Aquarius Underwriting Managers (Aquarius) have announced a strategic partnership that is aimed at capitalising on the respective strengths of the two organisations....

February 2011
Wide ranging....

Failure to fully comply with anti-money laundering legislation became more risky from 1st December 2010. This was when the Financial Intelligence Centre Amendment Act (FICA) came into force.

The Amendment...

February 2011
Aviation Insurance

As reported in World Airnews (WA), General Aviation is under a dire threat from the offshoots of the Consumer Protection Act, soon to become fully law. This new bit of South African legislation has been brought into...

February 2011
Over to you....

The Companies and Intellectual Property Registration Office’s (CIPRO) monthly patent journal has gone digital. The registration office has moved from the traditional paper based journal to an electronically generated...

February 2011
Exchange control boost

As from 8th November 2010 the annual investment allowance, for exchange control purposes, was increased from the previous once-off maximum of R4 million per individual to a limit of R4 million per person per year. A...