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September 2013
Real bind

Latest statistics released by the Department of Basic Education reveal that it will cost over R16.5 billion to address the lack of school libraries at 10 721 schools across the country, highlighting the necessity for...

Wednesday, October 30, 2013 - 11:40
Broader opportunities

Franklin Templeton Investments says that its Templeton Africa Fund and Templeton Global Aggregate Investment Grade Bond Fund, both sub-funds of its Luxembourg-registered SICAV range, Franklin Templeton Investment...

Wednesday, October 30, 2013 - 11:36
Clear need for industry reform

South Africans may be increasingly aware of the dire state of their retirement savings, but the low savings rate needs to be addressed through legislative support for compulsory savings and increased education around...

Wednesday, October 30, 2013 - 11:35
Prepare in advance

The latest emerging wireless standard from the IEEE, the 802.11ac, promises unprecedented Gigabit connectivity with a host of new possibilities for application-based services. However, this will impact Tier 1 carriers...

Wednesday, October 30, 2013 - 11:10
Adcorp’s index for August 2013

Adcorp’s latest Employment Index shows that the economy shed 34,654 jobs during August. The biggest job losses occurred in permanent jobs, which shed 26,820 during the month, followed by temporary jobs, which shed 12,...

Wednesday, October 30, 2013 - 11:08
Bedding down

MMI Holdings Limited (MMI) today reported a strong set of annual results driven by strong operational performance from all client facing divisions in an environment that continues to be characterised by subdued...

Wednesday, October 30, 2013 - 11:07
Fund manager survey

Confidence in home market investing remains high among South African private equity fund managers – despite a decline in global investor confidence in emerging markets. This is according to the results of the annual Global Venture Capital...

Wednesday, October 30, 2013 - 10:29
First half 2013

The JSE Limited (JSE) delivered a strong performance in the six months to 30 June 2013, with operating revenue increasing 16% to R794 m (H1 2012: R683m) as a result of increased trading activity in the Equity,...

Wednesday, October 30, 2013 - 10:26
Mobile move

dotFNB branches have added a variety of smart device accessories to its product range, allowing FNB account holders to personalise and enhance the functionality of their smart devices.

...

Wednesday, October 30, 2013 - 10:25
Adcorp reports

The Adcorp Employment Index reports a sharp fall in employment during July. The economy shed 37,288 jobs during the month, which is the third-worst monthly performance since the 2009 global financial crisis.
Jobs were shed in both permanent...

Tuesday, October 1, 2013 - 10:15
Moral tale

Barry Hugo of Seed Investments says he recently gave an investment feedback presentation for a retirement fund that was attended by the wife of an ex client of his. “Seeing her got me thinking about investment risk...

Tuesday, October 1, 2013 - 10:13
Remarkable growth for South Africa

South Africa accounts for just under a fifth of Africa’s GDP, 0.7% of world GDP and less than 2% of global assets under management. Yet, despite its modest global standing, it has a highly developed financial services...

Monday, September 30, 2013 - 11:16
Grand service

In just under two decades, Grandmark has grown from its two establishing members to a company of nearly 800 employees and is now a leading distributor of replacement automotive parts and glass products in Southern...

Monday, September 30, 2013 - 11:12
Bond burden

For now the bond sell-off seems to have tapered-off in response to Bernanke’s reiteration that so-called Quantitative Easing (QE) wasn’t ending overnight. “But this doesn’t change the fact that we going into a...

Monday, September 30, 2013 - 11:11
High TER scrutiny

When you make an investment, you need to be aware of everything that could negatively influence your potential return, including the cost of investing. It’s essential to remember that price is an important factor, but...

Monday, September 30, 2013 - 11:09
New challenges

South Africa’s asset management industry should brace itself for significant developments that will potentially shape the competitive landscape of the sector in the next five years, says Muitheri Wahome, the Head of...

Monday, September 30, 2013 - 11:08
Book protection

Latest market statistics show a slight recovery in the construction industry, a drop in the number of liquidations of 8.7% in March 2013 compared with March 2012, and a decrease in the number of insolvencies of 3.9%...

Wednesday, September 25, 2013 - 08:32
Voting with their feet

Western Cape continues to outperform the other eight provinces in terms of its ability to attract repeat home buyers from other provinces and retain its own.

Given that many people vote with their feet,...

Wednesday, September 25, 2013 - 08:31
Commission of crime

The fifth and final discussion document on South Africa’s retirement industry that was released last week is likely to result in a significant shake up in the sector and one that, after rigorous consultation amongst...

Thursday, September 19, 2013 - 10:05
Cautiously optimistic

Professional services firm Deloitte says it is cautiously optimistic about proposed retirement fund reforms being promulgated by the National Treasury even though it has concerns about the current lack of clarity on...

Thursday, September 19, 2013 - 10:04
Losing low claimers

A significant challenge for a number of open medical schemes in South Africa is their exposure to Persal membership, potential members of the Government Employees Medical Scheme (GEMS). Schemes that do not take an...

Thursday, September 19, 2013 - 10:00
Stalkers, Watch Out!

On 27th April 2013 the Protection from Harassment Act, 2011 was eventually brought into force after a long wait by those who need the protection it offers. Previously, if they were, say, being subjected to stalking...

Monday, September 16, 2013 - 12:58
Consideration for insurers

A long time in coming, the judgments of November last year of the Supreme Court of Appeal in the Bread Cartel class action cases include detail of how the courts will approach class actions in South Africa....

Monday, September 16, 2013 - 12:57
Combining control

Logitech has announced an expansion of its keyboard line up with the ‘Logitech® Wireless All-in-One Keyboard TK820’, a wireless keyboard with a built-in touchpad that lets you type and swipe comfortably together. “We...

Monday, September 16, 2013 - 12:55
Book primer

The second edition of Dr Brian Benfield’s universal primer: Life Assurance Company Management, has recently been published. While the author modestly notes in his preface that ‘the breadth of knowledge contained in...

Monday, September 16, 2013 - 12:52
Desperate economics

Locally, we’ve just had a report of a R10 million counterfeiting bust in the Vereeniging area, during which fake soaps, shampoos, clothing and bags were seized, and seven suspects from Malawi, Mozambique and China (no...

Monday, September 16, 2013 - 12:50
Judgment of errors

More than 14 000 people are killed on our roads on average every year, amounting to a staggering figure of 40 lives being lost on a daily basis. Approximately 85% of fatal road accidents in South Africa can be blamed...

Monday, September 16, 2013 - 12:49
Error of judgment

Many consumers believe their comprehensive motor insurance policy will cover them in the event of a mechanical breakdown, only to find that this is not the case, leaving them upset and facing a hefty repair bill. This...

Monday, September 16, 2013 - 12:48
Being left behind

According to a recent report, published by tech research company Gartner, mobile payments (m-payments) worldwide are set to increase by 44% this year to US $235.4 billion, with Africa continuing to lead the way....

Monday, September 9, 2013 - 15:37
Greater risk

Increasing regulation has brought a wider risk exposure for company directors. New risks range from cyber-crime and security breaches, through to those associated with meeting complex regulatory and compliance...

Monday, September 9, 2013 - 15:35
Ability and agility

Data centres are the hub of today’s organisations, housing mission-critical servers, data, applications and services that keep businesses running. “However, with the growth of cloud platforms, organisations are...

Wednesday, September 4, 2013 - 17:11
Kidnap King

Based on recent statistics released by NYA International, a specialist crisis prevention and response consultancy, Africa accounted for 36% of kidnap and ransom incidents globally, putting it well ahead of the...

Wednesday, September 4, 2013 - 17:10

In April, the French bank Société Générale declared “the end of the gold era” and Goldman Sachs Group forecast a price of $1...

Wednesday, September 4, 2013 - 17:07
Limiting liability

MiWay has launched a new product that, it says, ‘makes car insurance so affordable even previously uninsured cars can now be covered.’

“Historically more than half the privately owned cars on the road...

Monday, September 2, 2013 - 16:47
Breaking news

As local and international industry bodies continue their efforts to establish regulation to help mitigate further risks in the shipping industry, incidents such as the collapse of the MOL Comfort vessel that split in...

Monday, September 2, 2013 - 16:45
July bills for you

The most significant tax event during the month of July was the publication of the 2013 taxation bills, the Draft Taxation Laws Amendment Bill (‘TLAB’) and the Draft Tax Administration Laws Amendment Bill (‘TALAB’)....