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Press Room (Page 2)

Press Archive »

Your small business needs its own financial plan

Published: Wed, 29 Aug 18

All successful small business owners know that cash is king. Without proper cash flow management, your newly launched small business could find itself being unable to pay its own creditors or staff, resulting in premature closure. “Ensuring that you have a proper cash flow management system in place is absolutely ...
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Dti lends support to companies in 4th industrial revolution

Published: Wed, 29 Aug 18

The Department of Trade and Industry (dti) will over the next few years focus on supporting companies that are actively participating in the Fourth Industrial Revolution. Speaking at the 20th anniversary celebration of the Workplace Challenge programme hosted by the dti and Productivity South Africa in eMalahleni, ...
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UK Prime Minister backs SA’s land reform programme

Published: Wed, 29 Aug 18

British Prime Minister Theresa May says the United Kingdom has for some time supported land reform in South Africa - as it is a process carried out in a legal, transparent and democratic manner. The Prime Minister said this in response to a question by the SABC at a business forum event in Cape Town ahead of meeting ...
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Ramaphosa, May identify key investment areas

Published: Wed, 29 Aug 18

UK Prime Minister Theresa May with South African President Cyril Ramaphosa President Cyril Ramaphosa says South Africa and the United Kingdom have identified key sectors for investment aimed at boosting economic growth and development. The President on Tuesday hosted UK Prime Minister Theresa May at Tuynhuys ...
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Why the rise in passive investing may benefit active managers

Published: Tue, 28 Aug 18

Proponents of passive investing advocate low-cost returns, guaranteed to closely match those of the market. In contrast, many active managers globally have had a tough time achieving index returns. Will the next five years be any different?   Passive investing has seen a meteoric rise over the past decade, ...
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Free online Maths and Physical Sciences tutoring for all Grade 10s in a bid to reduce youth unemployment

Published: Tue, 28 Aug 18

In an effort to motivate more Grade 10 learners to persevere and set a solid foundation to achieve better marks in Mathematics and Science, the Actuarial Society of South Africa (ASSA) Education Trust in partnership with Paper Video is providing all Grade 10 learners with free access to online tutoring. Paper ...
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Could cash really be a better investment than equities?

Published: Tue, 28 Aug 18

By David Crosoer, Executive of Research and Investments at PPS Investments   With the benefit of hindsight, investing in SA cash over the past year (or even three) looks like a relatively sensible decision. At least, that’s the retort many investment professionals are currently facing as they sit in front ...
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SA, UK to cement economic relations

Published: Mon, 27 Aug 18

President Cyril Ramaphosa is on Tuesday expected to host the United Kingdom’s Prime Minister Theresa May, who will be in the country for a working visit. “The working visit by Prime Minister May seeks to further cement economic relations built up over several decades,” the Presidency said in a statement ...
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Eskom competition moves to next stage as entries close

Published: Mon, 27 Aug 18

Entrants, which come from across all nine provinces, compete in three sectors; manufacturing, engineering/construction and trade/services   The Eskom Development Foundation’s annual Business Investment Competition (BIC) moves a step closer to finding this year’s winner as entries close and the ...
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Glacier Storms River Traverse 2018 - Three fun-filled days of cycling

Published: Fri, 24 Aug 18

Handing over the cheque to The Smile Foundation. Left to right: Johann de Wet (Glacier by Sanlam), Tanya Jackson (Smile Foundation) and Henco Rademeyer (Dryland Event Management)   The Glacier Storms River Traverse took place from 10 -12 August in the scenic Tsitsikamma Valley. The annual, ...
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SA, US to discuss land reform

Published: Fri, 24 Aug 18

The Department of International Relations and Cooperation (DIRCO) will today meet with the US Embassy to address the tweet from United States President Donald Trump on land expropriation and crime in South Africa. DIRCO Minister Lindiwe Sisulu said the US President’s comment was "unfortunate" ...
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Women-owned businesses in the spotlight

Published: Fri, 24 Aug 18

Barriers such as limited access to credit facilities, financial skills training, stereotypes and traditions continue to affect women-owned businesses’ full participation in the economy. One woman, who knows this reality well, is Ayanda Mbambo whose Durban-based facilitation and coaching business still struggles ...
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BASA Statement on the National Credit Act Amendment Bill

Published: Fri, 24 Aug 18

By Cas Coovadia, MD of The Banking Association South Africa   Over-indebtedness is a serious economic and social challenge in South Africa. The Banking Association South Africa (BASA) supports debt intervention to assist low-income consumers whose circumstance have changed for the worse, through no fault of ...
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Winners of inaugural Alexander Forbes Investments Asterisk Awards announced

Published: Fri, 24 Aug 18

Alexander Forbes Investments is for the first time sponsoring three new awards to recognise the leaders of the South African investment schemes industry and also identify the year’s most exceptional funds and fund managers. The inaugural annual awards, to be known as the Alexander Forbes Investments Asterisk*Awards, ...
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FAIS Ombud determination puts emphasis on financial advice 101

Published: Fri, 24 Aug 18

On the 15th of August 2018, Naresh Tulsie, the Ombud for Financial Services Providers, ruled in favour of a complainant and ordered the respondent to pay the complainant a combined amount of R310 000. This follows an original recommendation made in terms of section 27 (5) (c) of the Act on 7 November 2017 ...
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How to spot investment red flags

Published: Thu, 23 Aug 18

South Africa has been rocked by a series of corporate scandals in recent years that have sent the share prices of former blue-chip companies like Steinhoff and EOH plummeting from their previous stratospheric highs. Investors who bought shares in both since January 2017 would have lost roughly 98% and 80% ...
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Lack of access to finance hinders growth of African small businesses

Published: Thu, 23 Aug 18

Doing business in other African countries has grown exponentially in the last few years. The continent presents major potential in terms of cross-border opportunities and the majority of Africa’s small businesses have the ability to grow at a rapid rate if certain challenges are overcome. Barron, Africa’s ...
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FPI awards “everything we desire in a Financial Planner”

Published: Thu, 23 Aug 18

Johannesburg, South Africa: The Financial Planning Institute of Southern Africa hosted a gala dinner to celebrate and crown the best of the profession. About 250 professionals in the financial planning profession came together at the Inanda Polo Club in Sandton, Johannesburg to celebrate what has admittedly ...
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