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South Africa will only achieve the growth levels it needs when all structural elements are in place, writes Tsitsi Hatendi-Matika, Head: Retail Investment Specialist at Absa’s Wealth and Investment unit.
Fuel prices are due to increase and motorists will pay 72 cents more for 95 octane and 93 octane will go up by 69 cents. This follows the fuel price increase announced by the Energy Department.
The Cyril Ramaphosa-rally has changed sentiment, but will it translate into sustainable economic growth and business confidence for the future? FAnews spoke to a few investors about this.
The South African Reserve Bank (SARB) has cut the repo rate by 25 basis points from 6.75% to 6.5% following the most recent rate cut in July 2017. The biggest contributing factors to the rate cut is the low inflation rate at 4.0% per annum as at the end of February coupled with Moody’s decision to maintain South Africa’s investment grade status and changing the outlook to ‘stable’.
What can retirement funds do to improve client-adviser engagement during members’ employment years?