Beplanning onderwerpe
Almost four months into 2023, consumers have experienced an avalanche of economic challenges. This includes the cost-of-living crisis, persistent load shedding, large interest rate hikes, minuscule fuel price decreases, and South Africa’s grey listing status. Some economists argue South Africa has…
Welcome to this special edition of the Personal Finance Podcast with Melville Douglas, sponsor of the recent Raging Bull Awards. It has been a month since the Raging Bull Awards gala dinner was held at the Pigalle Restaurant in Green Point Cape Town, and as a final reflection before we start…
Learning the ropes from her father, a young entrepreneur took over the reins as she takes on the male-dominated construction sector. Mmathapelo Mojapelo, a 27-year-old, is the managing director of Elmandi Road Maintenance. Elmandi Road Maintenance is a medium-size road surfacing and maintenance…
MUCH has been made of the recent Public Investment Corporation (PIC) and AYO Technology Solutions (AYO) settlement agreement that was made an Order of Court on March 24.The beleaguered ICT group who listed on the Johannesburg Stock Exchange (JSE) in 2017, has been the subject of hundreds of…
Studies show that there is a gender pay gap in both South Africa and internationally that sees women being paid up to 35% less than their male counterparts.According to Craigh Chidrawi, executive head of retirement and COO at NMG Benefits, globally there is also huge gender retirement gap, where…
Sizwe Dlaminisizwe.dlamini@inl.co.zaON MONDAY night, Dr Wallace Mqoqi, the chairperson of AYO Technology Solutions, passed on as a result of a heart attack.In a statement, AYO said: “It is with great sadness and no small amount of shock that AYO confirms the news that its former Chairman, Advocate…
Motorists behind the wheel of diesel vehicles can expect some relief at the pumps this month, as the department of Mineral Resources and Energy, on Tuesday announced a significant drop in the price of diesel.Most fuel prices will be decreasing, except for petrol 95 in Gauteng, which will see an…
With rising inflation as well as a recent increase in interest rates, trying to save money is become difficult for South Africans. This along with the increases in the cost of food has left people with little or no room in their budgets for savings. Here are 5 hacks that can help you start saving…
If you are retiring in 2023, you should immediately start the planning process to determine what the rest of your life will look like. Too often people who are retiring leave too little time for planning and it then becomes exceedingly difficult for them to obtain the retirement outcomes they want…
WITH the settlement between the Public Investment Corporation (PIC) and AYO Technology Solutions now finalised by the court, detractors of the JSE-listed tech firm have gone into overdrive with their attacks against entities of the larger Sekunjalo Group.Such is the level of desperation, they have…
The idea that people can retire with enough savings to live comfortably after they leave the workforce is out of reach, says Sharon Moller, financial planning coach at Old Mutual.According to Moller, only 6% of South Africans are able to afford being financially independent during their retirement…
By Sumayya DavenhillWhile we may enjoy fooling our family and friends on April Fool’s Day every year, nobody ever likes to think that that they fool themselves. We like to think that we’re rational beings who make logical, unbiased decisions by weighing all the facts and then reasoning to make the…
South Africa’s prime lending rate is at the highest it has been since 2009 after the South African Reserve Bank (SARB) on Thursday hiked the interest rate once again by a shocking 50 basis points (BPS).This was the ninth consecutive rate hike since policy normalisation started in November 2021,…
South Africa is also going through its most significant retirement reform in history. In October 2010 there were massive strikes across France against pension reform. Activist Jean-Baptiste Reddé’s slogan “Ecoutez la colère du peuple” (Listen to the people’s rage) became world famous as the symbol…
Household finances in South Africa are expected to deteriorate as pressure from rising interest rates and elevated inflation could shrink personal disposable income, after real consumption expenditure rose modestly in the last three months of 2022.Data from the South African Reserve Bank (SARB) on…
By Dominic Preuss With load shedding most likely to continue for the rest of the year, as stated by Eskom, many households are looking for ways to relieve the burden. The basic option is a battery system, diesel generator or solar system. While a generator might cost the same or less than an…
Financial advisers can earn their money in different ways, some less favourable to your financial health than others. Remuneration models have evolved over the years as the financial services industry has become more sophisticated, diverse and consumer orientated.Do you know how your adviser gets…
Grant Fietze, Executive Manager at Capital LegacyTalking about your will is not exactly exciting stuff. It’s not on the top of most people’s “to-do” lists. But watching the drama unfold when there’s a death in the family with no will in place is enough to form the script of almost any TV soapie.…
RANDS AND SENSEIn October 2010 there were massive strikes across France against pension reform. Activist Jean-Baptiste Reddé’s slogan “Ecoutez la colère du peuple” (Listen to the people’s rage) became world famous as the symbol that epitomised public sentiment. “More than a decade later France is…
Even though measures were introduced by the government (silently on 22 December 2022) to strengthen South Africa’s anti-money laundering and terror financing legislation in an attempt to remain off the Financial Action Task Force (FATF) greylist after South Africa’s performed weakly on the…