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South Africa’s 2025 National Budget saga goes way beyond the half-a-percent-point VAT hike and subsequent recant to a deeper investigation of political expedience over common sense. Taken at face value, consumers may have dodged a tax bullet, but the cost will find another path to reach them by. Allow your writer some column inches to explain.
There is an old English expression that holds, ‘nothing is certain but death and taxes’. This works great for everyday life; but to make it relevant in the investing realm, one might say, “the only certainty is uncertainty’. Yes, dear reader, volatility is baked into financial markets and investing.
We have highlighted some of the articles in the April edition. There are more, so be sure not to miss out on the ones we have not highlighted. Don’t forget that the CPD deadline looms on 31 May. If you haven’t started, or still have boxes to tick, now’s the time to get moving. Here’s to staying ahead, staying informed, and staying ready - whatever comes next.
The strongest deterrent against FSP compliance missteps is or should be: