In our newsletter for the first quarter of the year, we commented on renewed optimism in the South African markets as we basked in the glow of Ramaphoria. But the second quarter has brought us back to reality, with the rand now down 19% against the dollar compared to the R11.50 February levels and with…
A question I commonly encounter from persons with foreign trusts (the Applicant) who applied for relief under the recent Special Voluntary Disclosure Programme, 2017 (SVDP) is, “should I keep the trust?” The answer to this question, in my view, lies in understanding the benefits of the trust during the lifetime of the Applicant (if any)…
The good news is that we can all improve our decision-making when we understand the mostly unconscious thought processes that lead us to make poor choices. One of the most common mistakes we see, even among well-informed and sophisticated investors, is the pursuit of quick wins and the aversion of short-term losses rather than adhering…
