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Finance & Insurance

BizWeekly top stories
Virgin Money SA CEO, Ingrid Veysie and Dion Nair, personal insurance head: Africa at AIG.
Virgin aims to shake up short-term insurance
Virgin Money South Africa has re-engineered its short-term insurance offering with the launch of Virgin Money Insurance in partnership with AIG... read
King IV is just the next evolutionary step
King IV is just the next evolutionary step
The latest iteration of King guidelines is nothing more than the next evolutionary step for corporate governance to remain relevant... read
Estate duty abatements need overhaul
Estate duty abatements need overhaul
[Graeme Palmer] In its second report on estate duty, the Davis Tax Committee makes recommendations regarding tax on estates and trusts, especially inter-spouse and primary abatements... read

INNOVATION MONTH
#InnovationMonth: wiGroup CEO attends Endeavor International Selection Panel as winner of FNB Business Innovation Awards 2016
#InnovationMonth: wiGroup CEO attends Endeavor International Selection Panel as winner of FNB Business Innovation Awards 2016

Jessica Tennant

As overall winner of the FNB Business Innovation Awards for 2016, Bevan Ducasse, founder and CEO of wiGroup, was sponsored a trip to the Endeavor International Selection Panel in Boston earlier this month... read
Read more
Insurance & Actuarial
Yahoo breach highlights the need for cyber insurance
Yahoo breach highlights the need for cyber insurance
Yahoo's cyber attack highlights the liability companies face in safeguarding their clients' personal information... read

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Accounting & Auditing
SA tops WEF auditing and reporting list for the 7th time
SA tops WEF auditing and reporting list for the 7th time
South Africa retains the world's number one position for auditing and reporting standards for the seventh year in a row... read

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Banking
How digital marketing can drive customer acquisition for financial brands
How digital marketing can drive customer acquisition for financial brands

Bianca Quinn-Diavastos

South African banks and insurers have long struggled with the high costs of customer acquisition and fierce competition to attain new customers. The move online offers them ways to improve the efficiency... read
Gamification could drive digital payment
Gamification could drive digital payment

Hanna Ziady

Gamification could be used to drive financial literacy in SA where education remains one of the biggest obstacles to achieving widespread adoption of digital payment technology, Mark Elliott, president of MasterCard in SA, said on Tuesday... read
Education & Training
Financing project takes affordable medicine to rural pharmacies
Financing project takes affordable medicine to rural pharmacies
Pharmacies are often where remote communities go firs for healthcare, but their lack of business skills often means they can't meet these needs... read
Treasury aims to extend tax incentives
Treasury aims to extend tax incentives
The Treasury has proposed a two-year extension of the employment tax incentive and a five-year extension of the learnership tax incentive, both of which, it says, have yielded positive results. read
Financial Services
Lizelle van der Merwe appointed as FIA CEO
Lizelle van der Merwe appointed as FIA CEO

Issued by Financial Intermediaries Association

Following on from a rigorous selection process, the Financial Intermediaries Association has announced the appointment of Lizelle van der Merwe as its Chief Executive Officer, effective 1 November... read
Visa Checkout takes on more than 100 merchants
Visa Checkout takes on more than 100 merchants
More than 100 merchants are among the first wave of South African online retailers to use Visa Checkout, including Aramex Global Shopper, Discovery, Emirates Airline, TicketPro, WebTickets and Yuppiechef... read
Fintech
Apple CEO, Tim Cook and Deloitte CEO, Punit Renjen.
Deloitte and Apple bite into African business solutions market
Deloitte and Apple have teamed up to create a business tool for the African market that will better connect employees, supply chains and operations... read
L-R: Eran Feinstein, Offer Gat and Peter Harvey
Partnership creates pan-African online payment solution

Nicci Botha

The demand to do business in Africa has led to a partnership between two big players in the digital online payment space... read
Markets & Investment
The turbulent fortunes of the SA mining industry
The turbulent fortunes of the SA mining industry
South Africa's mining industry is still wallowing in the doldrums, with 2016 pegged as another difficult year... read
Taxation & Regulation
Bottles of SABMiller's flagship brew, Castle Lager, at a bar in Cape Town. Almost 120 years after first listing, its name will disappear from the JSE board this week.
Picture:
CGT on shares of SABMiller a point of dispute

Hanna Ziady

Despite rumblings from SA's tax authority suggesting that the opposite could be true, Nedbank Private Wealth believes its offer to SABMiller shareholders - which would delay capital gains tax (CGT) liabilities on profit earned in the Anheuser-Busch InBev (AB InBev) takeover - is provided for in the Income Tax Act... read
Performance fee loophole closed on tax-free savings
Performance fee loophole closed on tax-free savings
The Treasury has published new draft regulations barring the levying of performance fees and extra charges on tax-free savings account (TFSA) investments, a move that will compel some of the largest providers of these accounts to make changes... read
Entrenched VAT system still has some challenges
Entrenched VAT system still has some challenges
It's been 25 years since VAT was introduced in South Africa, and although it's efficient, there are still some areas that need refining... read
Africa
Digital finance 'vital for Africa'
Digital finance 'vital for Africa'
The prevalence of cash in sub-Saharan African economies continues to fuel financial exclusion, preventing small businesses from accessing credit and driving inefficiencies at government level, says Daniel Monehin, MasterCard's division president for sub-Saharan Africa... read
More Africa
Business
Cultivate a growth mindset to thrive in digital business
Cultivate a growth mindset to thrive in digital business

Lauren Hartzenberg

The future is uncertain. Business leaders need to understand that they will no longer have all the answers and can't relentlessly pursue one fixed direction... read
Jobs offered
Mid-Heavyweight Copywriter - Johannesburg
Badger Holdings is on the hunt for a talented middle/heavyweight copywriter with agency experience to join our marketing team. Read more >>






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