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Inflation horror stories and some musings on crypto and gold

02 June 2023

You cannot scan the financial press these days without tripping up over an article on global inflation and central banks’ responses to same, typically through aggressive interest rate hikes. One after the other, the financial journalists entertain their “we-already-knew-that” followers with stories about how much more a basket of basic household goods costs today versus 12-months ago. “In November 2021 you were paying ZAR15 500,00 per month on your ZAR2 million home loan, today you pay ZAR6 170,00 per month more,” they lament, making sure to compare the best rate with the worst.

I’d love to face the ZAR10 million offshore transfer dilemma, this year or ever!

21 May 2023

The financial media has been in a bit of a frenzy of late over suggestions that government, National Treasury and the South African Revenue Services (SARS) are making it more difficult for citizens to transfer large sums of money offshore. This writer must confess to an initial feeling of trepidation when confronted by the Biznews.com article headlined ‘Treasury’s shock exchange control tightening’ but he soon calmed down; the last thing a freelance writer has to worry about is how to move ZAR10 million offshore, this year or ever!

What’s inside… FAnews Magazine April 2023

18 April 2023

I am starting of with a reminder about the upcoming CPD deadline which is 31 May… I suggest that you finish your CPD hours by 12 May, because there is a great chance that the system will become slower from around the 15th. So, avoid the frustration and do it now. I would like to add that although we do everything in our human power to assist you, FAnews has office hours, and we cannot assist you over weekends or at night. Yes, I am saying this because we have quite a few readers who insist that we assist them outside of our office hours. Some of our team members are already at the office at 7am, so my request is that you are aware of this when planning to do your CPD hours.

Will Chat GPT and other AI live up to the ‘boats and rising tide’ aphorism?

14 April 2023

Financial and risk advisers have been worrying about the potential impact of robo-advice and Robo-advisers on their practices for over a decade now. Yes, dear reader, according to Wikipedia.org, the first robo-advice platform saw the light of day back in 2010. In the 13-and-a-bit years that have since flashed by, financial advice professionals have witnessed staggering developments in technology, with each innovation increasing the capabilities of robo-advice platforms, and rekindling fears of human advice obsolescence.

quick poll

Question

Would you willingly give up your medical scheme membership under a fully implemented NHI?

Answer

No, never Not with state delivery The NHI is too unclear Yes, absolutely Willingly. What?

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Is the Silicon Valley Bank (SVB) hiccup somewhat of a grey rhino?

24 March 2023

What’s inside… FAnews Magazine February 2023

15 February 2023

Kiss-better and one other way artificial intelligence (AI) makes your tax world more fun

10 February 2023

Advisers beware: AI is to robo-advice what the T-800 is to T-3000 or worse

30 January 2023

Attention is currency… How to win at social media marketing in 2023

13 January 2023

Whats inside.... November 2022 Edition

14 November 2022

A journey to the heart of South Africa’s darkness, with apologies to Conrad and Verne

04 November 2022

What’s inside… FAnews Magazine October 2022

04 October 2022

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