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While yesterday’s budget by Finance Minister gave the overriding sense that government is now starting to show a real commitment to infrastructural spending, after more than two years of policy paralysis, increasing spending on social grants threatens thi
In 2011, the South African economy achieved a growth rate of around 3%. This is slightly up from the 2.9% achieved in 2010 and way better than the decline of 1.5% we experienced during the 2009 recession. While the current economic growth rate of 3% is be
The world remained on the edge of its seat last week as Greek officials continued to play cat and mouse with the ‘troika’ (ECB, IMF and European Union). “Markets were eagerly awaiting the outcome of this now global issue, as it affects all investment part
For onlookers within South Africa’s financial service sector, the delivery of the 2012 Budget Speech by Finance Minister Pravin Gordhan next week will be interesting, not from the point of where funds will be allocated, but more importantly how funds will
The strongest deterrent against FSP compliance missteps is or should be: