Beplanning onderwerpe
Durban - The South African Medical Association has rejected the National Health Insurance (NHI) Bill in its current form, saying that there had been lack of concern about the concerns and recommendations of experts on crucial issues like benefits packages and reimbursement models, among others.…
Momentum Metropolitan said yesterday in an operational update for the nine months ended March 31, 2023 that its earnings surged 29% boosted by lower claims in its life insurance business following the Covid-19 pandemic impact dropping.This despite a challenging economic environment.The listed life…
Johannesburg - South Africans are feeling the financial pinch after yet another bruising rates increase, and monthly spend items such as gym memberships, DStv subscriptions and household contents insurance are getting the chop.Consumers are also spending considerably less on alcohol, meat and…
By Benjamin MogoyeOn Friday, 26 May 2023, the Health Portfolio Committee finally adopted its report on the National Health Insurance (NHI) Bill. This marked an unprecedented milestone in the journey towards achieving Universal Health Coverage (UHC). This ground-breaking decision signifies a…
By Thandiwe JumoGraduating from the University of KwaZulu-Natal (UKZN) with Bachelor of Commerce Honours degrees cum laude, Mohini Kisten, Yashodha Maharaj and Lungelo Thabethe are proof that dedication, consistent effort and working smart produces excellence.As payroll co-ordinator for Huntswood…
In the event that a guest is injured at a host’s property or property is damaged during the hosting, hosts have AirCover, says Airbnb.In a recent article on IOL Travel, Kirstie Haslam, a partner at DSC Attorneys, discussed whether Airbnb hosts and rental property owners were liable for injuries at…
By Brett LadouceOne of the most important decisions that fund members have to make is how much of their annual income they want (or need) to contribute to their retirement fund to ensure the best outcome.Various factors play a role in the decision-making process that goes into crafting an…
The ability to feed one’s family has gone up again and looks like it will continue to rise given the rand’s volatility and the rise in inflation. Data revealed on Wednesday showed that the average price of a household food basket was over R5 000 in May.This was according to the May 2023 Household…
Rising interest rates and costs of living are forcing many homeowners to give up their homes as they can no longer afford their bond repayments.But while selling may be a good idea in some instances, it should never be your first option, experts say.Rather, you should approach your bank as soon as…
Did you know that the EuroMillions is one of Europe’s biggest draws and that the stakes are really high – currently standing at an incredible R2.8 billion payout?With Lottoland South Africa, South African residents (18+) can place a fixed odd bet on the outcome of the EuroMillions from as little as…
By Laura du Preez The South African Revenue Service (SARS) has imposed penalties amounting to R381 million on 690 000 taxpayers for outstanding returns this year.The tax authority confirmed that some 609 000 of these taxpayers had been penalised for having just one return outstanding. Since…
The rise and fall of dynamics in the property industry may start coming to an end as the interest rate begins to stabilise.The most recent interest rate hike by 50 basis points brings the prime interest rate to 11.75%. Economists say that there is a slight chance that there could be one more this…
South African consumers are between a rock and a hard place as the country faces elevated load-shedding this winter, leaving many to turn to alternative power solutions, such as solar.The good news for consumers is that solar panel prices have fallen considerably, according to the South African…
By Bonolo MosoaneThis is the first article in a series on planning for retirement, focusing on the different phases of the journey. Over the course of the series, we will also look at the transition phase, the active phase, the passive phase and the late retirement phase. Just SA is a retirement…
The offices for the Ombudsman for Short-term Insurance (Osti) and the Ombudsman for Long-term Insurance (Olti), which operate under a single insurance ombudsman, jointly clawed back more than R330 million for consumers in 2022.This is revealed in the latest joint annual report of the two schemes,…
The Bond premium (Spread values) between the bonds of the two currencies are as depicted above for the various maturity terms. The market is King and if the above is the spread each individual investor must make their own decision. I for what it may be worth, will back the rand as an investor/…
At a glittering gala dinner towards the end of last year, the Financial Planning Institute crowned its Planner of the Year for 2022/23, Palesa Dube, a director of advisory firm Wealth Creed in Sandton. Here is her story. Palesa Dube, a Certified Financial Planner (CFP) from Sandton, attained the…
Traditionally, South Africans have been accustomed to relatively high inflation and relatively high interest rates, but they’ve had it easy over the past few years. The recent spate of sharp interest rate hikes by the South African Reserve Bank (SARB) were off the low base established at the…
Zero fees may keep capital safe by preventing the capital being eroded by fees and boost returns, says financial services provider, Fedgroup. But not all zero fee propositions are what they say they are.The company that has been in existence for over 30 years says that on average South Africans pay…
The ability to feed one’s family has gone up again and looks like it will continue to rise given the rand’s volatility and the rise in inflation. Data revealed on Wednesday showed that the average price of a household food basket was over R5 000 in May.This was according to the May 2023 Household…