Insurance matters: Why you need to review your insurance policy in the last quarter
Insurance matters: Why you need to review your insurance policy in the last quarter

When it comes to owning a car, there are a few elements that you need to take into consideration - from finance to insurance. Not only do these elements ensure that you are able to afford, maintain and care for your vehicle, but they also offer up reassurance in the form of a safety net.

Issued by MiWay 11 hours ago

IRBA announces timeline for public participation for MAFR
IRBA announces timeline for public participation for MAFR

The investor and public participation process around the new requirements for mandatory audit firm rotation (MAFR) will open on October 25. The Independent Regulatory Board for Auditors (IRBA) has confirmed that when it will issue the proposed new requirements, and written responses must be submitted by interested and affected parties (IAPs) by the closing date of December 24.

14 hours ago

US insurer ordered to defend prescription drug lawsuit
US insurer ordered to defend prescription drug lawsuit

Lawsuits by US states to hold pharmaceutical companies liable for the costs of dealing with prescription drug abuse is on the rise. There is a heavy social cost associated with addiction and it is estimated that the costs of the non-medical use of prescription drugs alone was more than $53bn annually in the US. These costs are funded from the fiscus.

By Sharon Snell 15 hours ago

When the going gets tough... the tough get a discretionary fund manager
When the going gets tough... the tough get a discretionary fund manager

Word on the street is that, in these times, asking clients to pay an extra fee for discretionary fund management is not on. Nothing could be further from the truth.

By Alex Funk 3 days ago

Tyre levy postponed to 2017
Tyre levy postponed to 2017

National Treasury has postponed to 2017 the implementation date of the environmental tyre levy that was meant to come into effect in October 2016.

3 days ago

Steady rates no surprise
Steady rates no surprise

At last! South Africans have some relief with the South African Reserve Bank's (SARB) announcing that it will leave its repo rate unchanged at 7% per annum.

3 days ago

Treasury heeds public concern over tax laws
Treasury heeds public concern over tax laws

The Treasury has made far-reaching concessions on the draft Taxation Laws Amendment Bill and the draft Tax Administration Laws Amendment Bill after public hearings highlighted the concerns of tax experts and other stakeholders.

By Linda Ensor 22 Sep 2016

Greater scrutiny of self-serving financial advice articles required
Greater scrutiny of self-serving financial advice articles required

On 17 September 2016 Netwerk24.com - part of the Naspers group - published an article by Andró Griessel, a financial adviser, under the title, "Are you financing your broker's overseas trip?" (The article was published in Afrikaans under the title, "Finansier jy dalk jou makelaar se oorsese reis?")

Issued by Financial Intermediaries Association 22 Sep 2016

Is it the end of the (insurance) world as we know it?
Is it the end of the (insurance) world as we know it?

All around us there are examples of businesses taking a nosedive. Some companies are closing their doors, while others are completely re-thinking what they do. And it's not all because of poor economic conditions.

By Wayne de Nobrega 22 Sep 2016

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SARS could lose out on AB InBev bonanza

The Anheuser-Busch InBev (AB InBev) takeover of SABMiller may not prove to be as big a bounty for the taxman as initially thought, if South African-based retail investors opt to use Section 42 of the Income Tax Act to delay paying Capital Gains Tax (CGT) on their profits from the £45-a-share offer.

By Ann Crotty 21 Sep 2016

Tanzania's digital payment projects boost tax revenue and business
Tanzania's digital payment projects boost tax revenue and business

Many developing countries are grappling with how to modernise their economies, improve transparency, drive sustainable growth and advance financial inclusion. A new study from the United Nations-based Better Than Cash Alliance shows Tanzania's digital payment initiatives are producing very strong results so far.

21 Sep 2016

Investing in a future of equality and sustainability
Investing in a future of equality and sustainability

Open and collaborative engagement is critical if the financial industry is going to bring about the kinds of solutions and innovation required to achieve sustainable economic growth over the long term.

21 Sep 2016

The reopened MCEP, a programme to improve competitiveness in manufacturing industries, will now accommodate black industrialists in need of start-up capital.
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Start-up funding now available in reopened project

The manufacturing competitiveness enhancement programme (MCEP) was partially reopened on Monday, after a year-long suspension, to accommodate black industrialists in need of start-up funding.

By Fifi Peters 21 Sep 2016