Coronation reports another year of net outflows
Coronation Fund Managers grew its assets under management (AUM) by 11% to R634 billion in the year to September 2021, from R569bn. However, it once again reported a net cash outflow of average […]
Industry News
Banks defend lending criteria amid accusations of discrimination
The government takes banks to task over what it sees as unfair lending practices, proposing mandatory disclosures of declined home loans.
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It’s ‘too soon’ for investors to panic over Omicron
Goldman Sachs, one of the world’s top three investment banks, does not think the emergence of the omicron variant of Covid-19 is sufficient reason to make major changes to investment portfolios. Meanwhile, James […]
Real take-home salaries down 3.1% in October
Average take-home pay in South Africa decreased by 3.1% in real terms in October, the steepest year-on-year decline since September 2019, according to the latest BankservAfrica Take-home Pay Index (BTPI). BankservAfrica said the […]
Real take-home salaries down 3.1% in October
Average take-home pay in South Africa decreased by 3.1% in real terms in October, the steepest year-on-year decline since September 2019, according to the latest BankservAfrica Take-home Pay Index (BTPI). BankservAfrica said the […]
Does social media really make us lie more?
It’s commonly believed that communicating online, as opposed to in person, results in people telling more lies. But the results of a recent study challenge that perception. David Markowitz, Assistant Professor of Social […]
Does social media really make us lie more?
It’s commonly believed that communicating online, as opposed to in person, results in people telling more lies. But the results of a recent study challenge that perception. David Markowitz, Assistant Professor of Social […]
Emerging markets guru Mark Mobius on … everything
Mark Mobius, founder of Mobius Capital Partners and former chairperson of Templeton Emerging Markets Group, is widely credited with having established emerging markets as an asset class. Mobius had virtual “fire-side chat” with […]
Provident fund costs down, but pension funds and RAs more expensive, according to report
Average administrative costs per retirement fund member increased from 2006 to 2018, but this overall increase conceals that average costs have fallen for particular fund types and classes and benefit structures. This is […]
SIU set to conclude investigation into CMS staff in January
The Council for Medical Schemes (CMS) has already implemented a number of recommendations arising from the Special Investigating Unit’s investigation into alleged misconduct by its employees, and it plans to increase its tariffs […]
SIU set to conclude investigation into CMS staff in January
The Council for Medical Schemes (CMS) has already implemented a number of recommendations arising from the Special Investigating Unit’s investigation into alleged misconduct by its employees, and it plans to increase its tariffs […]
What the MTBPS says about NHI expenditure
National Treasury has put National Health Insurance (NHI) on the backburner because of the slow progress in getting the project off the ground. In the Medium Term Budget Policy Statement, Treasury said there […]
What the MTBPS says about NHI expenditure
National Treasury has put National Health Insurance (NHI) on the backburner because of the slow progress in getting the project off the ground. In the Medium Term Budget Policy Statement, Treasury said there […]
Old Mutual employees must be vaccinated from 1 January
From 1 January next year, Old Mutual employees will have to submit proof that they have been vaccinated against Covid-19. This follows similar announcements in September by Discovery Health and in October by […]
Two pots: many complex issues still have to be finalised
A number of complex issues on how the proposed “two pots” retirement system will work in practice still have to be clarified, and fund members who are expecting immediate access to their savings […]
Two pots: many complex issues still have to be finalised
A number of complex issues on how the proposed “two pots” retirement system will work in practice still have to be clarified, and fund members who are expecting immediate access to their savings […]
Opinion: Godongwana’s holding the fort on fiscal consolidation pleases the markets
Finance Minister Enoch Godongwana delivered his first Medium Term Budget Policy Statement (MTBPS) on 11 November. Unlike policy statements of the recent past, the market was primed for positive surprises. After all, monthly […]
