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The South African economy is bouncing back. According to the latest BankservAfrica Economic Transaction Index (BETI), the economy is breaking free from more than a year of stagnation and industrial action, now showing growth in all three comparison period
Larger numbers on your pay slip, less money in your bank account and a greater temptation to rely on credit for general expenses – that is what the latest BankservAfrica Disposable Salary Index (BDSI) has revealed.
Official liquidation figures from Statistics SA reveal that formal company closures declined 8.5% in March (to 285 from 312 in March 2012), putting the year-to-date total 12.5% above the levels for the 1st Quarter of 2012.
As South Africa struggles to cope with a ballooning deficit on the current account (2012 = -6.3%/GDP from -3.4%/GDP in 2011) and a sticky unemployment level of around 25% (narrow definition) and concomitant labour unrest, the spectre of a continuation in
What can retirement funds do to improve client-adviser engagement during members’ employment years?