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Red tape; like a boa constrictor cuddling up to SA’s SMMEs

Red tape; like a boa constrictor cuddling up to SA’s SMMEs

17 May 2021

As the South African government obsesses over conjuring up black billionaires, business owners at the lower end of the small, medium and micro-enterprise (SMME) curve are struggling to make ends meet while navigating a sea of business and tax legislation. South Africa may be open for business; but the burden of compliance is making it near impossible for owners and directors of close corporations and companies to grow profitable and sustainable businesses. Many of these businesses are trading blissfully unaware of their non-compliance with countless laws and regulations. Business owners and directors would do well to remember that their pleas of ignorance will not lessen the crime.

More questions than answers as dirty power ships drop anchor

More questions than answers as dirty power ships drop anchor

10 May 2021

The South African government and ruling party’s frequent promises to stamp out corruption and carry the country to new levels of economic prosperity are sounding increasingly hollow. Yes, there have been some hesitant actions from Luthuli House, which continues to entertain the public with its countless ‘suspend or not’ debates and ridiculous imposition of deadlines to effect the simplest of disciplinary steps. But the corrupt are so entrenched, and their practices so pervasive, that small victories on the fringes cannot stop the ooze from spreading. This writer is still wrestling with how the country’s soon-to-be notorious power ships deal was even considered in the context of an environmental, social and governance (ESG) world.

Up in smoke… Are we doing enough to mitigate fire risks?

Up in smoke… Are we doing enough to mitigate fire risks?

30 April 2021

I was going to dedicate today’s column to a recent RGA webinar on empathy; but disasters in the South African risk environment must take precedence. Over the past few days, we have seen online images of the devastating damage caused by fire to the University of Cape Town (UCT) campus and surrounding buildings. This fire came just days after a blaze forced the evacuation and temporary closure of the Charlotte Maxeke Academic Hospital in Johannesburg. As the smouldering embers cool, our attention turns to determining the causes of these fires and counting the financial cost that will be borne by the economy, the insurance industry and society. Questions will also be asked about the risk mitigation strategies in place at the affected sites.

What’s inside… FAnews Magazine February 2021

What’s inside… FAnews Magazine February 2021

15 April 2021

The April edition is packed with articles you want to read. Over and above our focus on retirement and employee benefits issues, we’ve touched on many relevant topics, ranging from ransomware, agriculture insurance issues, risk management, the future of the healthcare broker, fiduciary challenges and the importance of relationships in a world where technology rules the roost. Yes, you can do your CPD hours and this time we are even giving you more with an additional supplement focusing specifically on funeral insurance.

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Passive investment megatrend blurs market price discovery

Passive investment megatrend blurs market price discovery

11 April 2021
The whooshing sound of deadlines rushing by…

The whooshing sound of deadlines rushing by…

29 March 2021
Are private markets net good for asset managers & investors?

Are private markets net good for asset managers & investors?

12 March 2021
Too many praise singers obscure SA’s fiscal reality

Too many praise singers obscure SA’s fiscal reality

08 March 2021
Is welfare the best medicine for inequality?

Is welfare the best medicine for inequality?

01 March 2021
A cash flow nightmare for taxpayers

A cash flow nightmare for taxpayers

22 February 2021
What’s inside… FAnews Magazine February 2021

What’s inside… FAnews Magazine February 2021

11 February 2021
How GameStop heroes had their asses handed to them!

How GameStop heroes had their asses handed to them!

08 February 2021
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