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Many of the people that I engage with, both personally and professionally, have expressed their worries about how the recent credit downgrade will affect them.The majority of these people have described meetings with their Certified Financial Planners (CFP) as sobering encounters as the message regarding the eradication of manageable amounts of debt is clear. If you can pay off your debt …do it as soon as possible.
In the wake of Jacob Zuma’s cabinet reshuffle, South Africa’s stability was questioned as markets reacted, the rand yo-yoed and a downgrade loomed on the horizon. With this, FAnews spoke to a few investors about the economic outlook, the investment landscape and what this means for South Africa.
Over the past two years, a lot of money – and time – has been spent on the study of Millennials and what makes them tick. It is clear that this generation is unlike any other. Many extraordinary social influencers, such as technology, have changed the way they interact with the world around them and how they ultimately relate to it.
As technology is taking over the world, cybercrime is becoming more pertinent and cyber criminals are becoming quite brazen. At a recent cybercrime briefing, which was organised by Allianz and hosted by Clyde & Co, it was highlighted that cybercrime is becoming a serious threat in the financial services industry with many boardrooms across Africa at pains to come to terms with the threat and what it entails.
Would you willingly give up your medical scheme membership under a fully implemented NHI?