Global research recently published in the Lancet medical journal found that South African woman were among the fattest in Africa. “It must surely raise concerns regarding the South African population’s consumption...
Having the correct insurance cover for your franchise, could make or break your business. Santam said that unforeseen setbacks could cost franchise owners dearly, if they are not adequately insured. The company...
I never liked the idea of my files and personal information being stored on some global server out there in some foreign, remote place, run by people I don’t know and will never meet, on equipment I have not had the...
Could anyone explain to me why the South African Post Office (SAPO) charges almost five times the normal passenger airfare just to handle a little parcel for an international destination? Yes, FIVE TIMES!!
...As the season of hibernation, everything about winter tells us to curl up, stay warm and stay indoors. However, no matter how spotless your particular hibernation spot may be, spending more time indoors means spending...
In its recent report the Intergovernmental Panel on Climate Change (IPCC) revealed that South Africa was responsible for the majority of African's carbon emissions as a result of its coal-intensive energy production....
South Africa’s retirement fund industry has undergone significant change but there is still a long road ahead, with much stronger reform, regulation and supervision expected in the near future, according to PwC’s 2014...
Recent statistics revealed that 73% of United Kingdom graduates will still owe money on their student loans by the time they reach their 50s. While there are no local statistics, this alarming research brings pressing...
Although the financial services sector is backed by a sound legal and regulatory framework, not enough is being done to ensure full transparency in terms of investment management fees. “It is almost impossible to make...
There are currently over 1 000 unit trusts from over 40 different managers on offer in South Africa, each of which fits into one of 35 official investment categories. Confronted with such a profusion of choice, where...
The introduction of Antiretroviral drugs (ARVs) as a means to supress the HIV has had a significant impact on reducing the rate of death, suffering and transmission rates of the virus globally. Since then, evidently...
With internet and technology creating an ever-interconnected world, the amount of information businesses need to manage to remain secure is staggering. One particular issue the private sector has to compete with is increasing levels of fraud –...
One of the major attractions of small businesses is that they rely on small teams of dedicated people for their ‘family feel’ and success. Looked at from an outside perspective, however, it is these very advantages...
Consumers who purchased an old style retirement annuity are faced with the possibility that they may not be getting the best value for money. Comments Ian Young, director at LifeSense Financial Services, “It is all...
Last year a staggering 9 368 complaints were received, according to the Ombudsman for Short Term Insurance’s (OSTI) latest annual report. Ombudsman Dennis Jooste says that this rise is largely attributed to the...
Emerging market countries include those considered to be developing/emerging by the World Bank, the International Finance Corporation, the United Nations, or the countries’ authorities, or they are countries with a stock market capitalisation of...
FNB has announced its annual review of bank charges, which includes far reaching changes to its lower income account offering. Its Easy Account, will remain South Africa’s cheapest bank account, with a monthly fee of...
Consumers’ budgets are facing more pressure than ever, due to a weak currency, rising interest rates, increasing fuel prices, and the associated knock-on effects of inflation. Since the National Credit Act (NCA) went...
The drop in the South Africa manufacturing Purchasing Managers’ Index (PMI) to a near-five-year low in May suggests that, having contracted in Q1, the economy is unlikely to stage much of a rebound in Q2 even if the...
A new accounting standard is expected to result in significant change in the way in which companies record revenue, says PwC. The International Accounting Standards Board (IASB) have issued IFRS 15 Revenue from...
A total of 49 465 new vehicles were sold in the month of May, according to data from the National Association of Automobile Manufacturers of South Africa (NAAMSA). This accounts for a 9.2% decline, year-on-year, and...
Mandatory retirement preservation will soon add another layer of complexity and operational challenges to retirement fund management in South Africa. This is a reality that employers, principal officers, retirement...
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