Proposed SA Tax Change to Put Thousands of Low-Income Families at Financial Risk

National Treasury is proposing an alteration to the Income Tax Act that will remove the ability of thousands of low income South African families to receive tax exempt bursaries for their children. The families currently benefiting from this are majority black, low-income households and this alteration, should it go ahead, will severely impact thousands of […]

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Young African Change-Makers Tackling Joblessness In Africa

Sub-Saharan Africa is a region of the world confronted with both high unemployment and underemployment, issues that prohibit the move from poverty into wealth. These factors are particularly prevalent among the subcontinent’s young people – in fact, according to The World Bank, 60% of all those unemployed on the continent are youths, and youth unemployment […]

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Common Wealth Planning Mistakes And How To Avoid Them

In his  poem “The Mistake”, James Fenton  talks about the sad truth in  making mistakes. He beautifully describes that even  with blatant warnings that are ignored or subtle hints that have gone unnoticed, we sometimes go about our lives not knowing about the mistakes we are making and how it will impact our loved ones […]

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Time To Get Your TERS Ducks In A Row – The UIF Announces A Forensic Audit

Last Friday, 27 November 2020, the UIF officially announced a forensic audit into TERS claims. The purpose of the audit is to verify the authenticity of TERS claims and to ensure that employees received the TERS benefits which were applied for by employers during the lockdown. The forensic audit is due to commence in the […]

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FNB Welcomes An Alert Issued By Regulators On Risks Of Instant EFT Payments

Consumers are urged to avoid sharing banking information when shopping on third-party platforms As South Africans prepare for Black Friday and Cyber Monday, FNB is encouraging consumers to heed a caution issued by the SARB, PASA and the FSCA on the risks associated with instant EFT payments when shopping online. Instant EFT payments require the […]

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South African SMEs See Light At End Of COVID Tunnel, Index Reveals

Following a year of unprecedented challenges, South African small and medium enterprises (SMEs) appear to have seen a glimmer of light at the end of a long, dark COVID-19 tunnel. This is according to the third quarter 2020 Business Partners Limited SME Index – a quarterly measure of the attitudes and confidence levels of South […]

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South African Business And Government Host Successful South Africa Tomorrow Investor Conference

The JSE and its co-sponsors, Standard Bank, Old Mutual and UBS, successfully hosted the 8th annual South Africa Tomorrow (SAT) Investor conference under the theme Rethink, Recover and Rebuild on 16 – 20 November 2020. Business engaged with investors from across the world to promote South Africa as an investment destination and to drive investment into the country. The five-day […]

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Low Interest Rate Environment And Realistic Pricing Sustaining Buoyant Residential Property Market

As anticipated, the Monetary Policy Committee (MPC) kept the repo rate on hold at its meeting this week. While interest rates have already been reduced by 300 basis point for the year to date, to a near 50-year low of 3.5%, several analysts argued that there was in fact room for a further rate cut […]

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