South Africa’s small, medium and micro-enterprises (SMMEs) will be the principle drivers of the change needed to restore the country’s economic prospects. Peter Olyott, president of the Financial Intermediaries Association of Southern Africa (FIA), told delegates at the association’s 2019 Advice Summit that government’s role was to facilitate this change. He added that the summit theme of “collaboration breeds success” was chosen to illustrate the need for each of the association’s members to work together with one another, the industry and government to achieve common goals.
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A few weeks ago, we published a newsletter which focused on a panel discussion that was held at the Financial Sector Conduct Authority (FSCA) Retirement Funds Conference. The newsletter focused on the costs associated with saving towards retirement.
Read moreThere are mixed feelings towards National Health Insurance (NHI). Some say it will come at a cost to those in the private sector, while others believe trying to achieve a balance between a private system and the NHI system will be difficult.
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