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It’s been six years since National Treasury introduced tax-free savings accounts (TFSAs) to encourage South Africans to invest. With a TFSA there is no tax on interest or dividends received, and no capital gains tax (CGT) on funds withdrawn.
TUHF Ltd., with the assistance of Standard Bank, has launched South Africa’s first social bond listed on the JSE, the proceeds of which will be directed towards inner-city affordable housing projects.
World markets have recovered since the Covid-19 sell-off of early 2020 and are trading at higher levels than before.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?