Yesterday, 26 November 2014, saw the announcement by Nedbank Group that Nedbank Capital and Corporate will be integrated into a single client-facing, wholesale business cluster. This newly formed cluster will offer the full spectrum of wholesale products under one brand and one leadership team.
27 Nov 2014 14:48
One of the significant developments in the corporate property finance market this year involved the rise in the number of commercial property players increasing their exposure to the residential rental market.
27 Nov 2014 14:15
National Treasury wants people to look into taking up non-retirement savings products as the current household savings study paints a bleak picture of the future...
26 Nov 2014 10:02
Pension Funds Adjudicator, Muvhango Lukhaimane, says there appears to be a general lack of knowledge, especially by people living in far flung areas, about the existence and mandate of the Office of the Pension Funds Adjudicator (OPFA) and the procedure to be followed when lodging a complaint.
26 Nov 2014 07:42
PRETORIA: South Africa's Gross Domestic Product (GDP) increased by 1.4% in the third quarter, Statistics South Africa (Stats SA) said on Tuesday, 25 November.
26 Nov 2014 07:37
CAPE TOWN: A draft bill aimed at reforming South Africa's financial regulatory system is expected to be tabled in May 2015, the National Treasury said on Tuesday, 25 November.
26 Nov 2014 07:32
Section 35(2) of the Tax Administration Act, No 28 of 2011 (TAA), currently provides that an arrangement will be reportable, among others, if it is listed as such by the Commissioner for the South African Revenue Service (SARS) by public notice, and if the commissioner is satisfied that the arrangement may lead to an undue tax benefit...
By Megan McCormack 25 Nov 2014 11:29
We live in a world, and for South Africa this is particularly prevalent, where the regulatory environment is extremely taxing (pun mostly intended). There are various technical aspects of the laws, regulations, codes and standards (regulations) that we could write volumes about, but consider from afar the effects of these regulations on companies in South Africa, the cost of not complying, potential internal issues and the opportunities presented.
Zimbabwe's economy is on the mend as the worst is over, the country's finance minister said in a bid to assure investors in South Africa that its neighbour was "not a basket case".
24 Nov 2014 08:44
The International Accounting Standards Board recently released a new accounting standard for financial instruments. The new standard is expected to have a significant impact on how entities classify and measure financial instruments. It includes a new approach to impairment, as well as a fundamentally revised method of hedge accounting.
24 Nov 2014 08:40
A week after professional services firm EY warned that South Africa needed to quicken its alignment with trading blocs in Africa to benefit from investment interest, Ford Motor Company South Africa CEO Jeffrey Nemeth and US under-secretary for economic growth, energy and the environment Catherine Novelli reiterated that competitor trading bloc development around the world was accelerating.
By Brendan Peacock 24 Nov 2014 08:26
Speaking at the closing plenary of the International Union for Conservation of Nature (IUCN) 6th World Parks Congress, the Deputy Minister of Environmental Affairs, Barbara Thomson, has recommitted South Africa to the development of the ocean and wildlife economies.
24 Nov 2014 07:28
Professor Franklin Allen, widely regarded as one of the world's foremost experts on financial contagion, will be taking part in a financial forum at the University of Cape Town (UCT) on 2 December 2014.
24 Nov 2014 07:17