Most people sign a Will as they have been informed that it is necessary to have a Will and to nominate an Executor and heirs but unfortunately, most people leave the process at this point and do not regularly review the document once signed.
The South African rand has been under microscopic focus for most of 2017, with a few periods of respite. Though some commentators – and some indicators like the Big Mac Index – suggest that the rand is undervalued at current levels, we feel that South African investors should prepare for the currency to continue declining…
Nazmeera Moola, economist and strategist at Investec Asset Managment, analyses the cost of Jacob Zuma’s Cabinet Reshuffle, four months after the fact.
There’s one word that defines the investment climate today, and that’s uncertainty. Emerging markets remain as volatile as ever – whether it’s the slide towards authoritarianism in Turkey, corruption scandals in Brazil, North Korea testing nuclear missiles or motions of no confidence in South Africa. If that wasn’t enough, there’s upheaval in the rich world,…
Alongside Venezuela, South Africa is one of the few countries that is not part of the longest phase of synchronised global growth we have seen for a good while. Jeremy Gardiner, a Director of Asset Management at Investec, told Dynasty clients at an exclusive presentation that this reflects that many of South Africa’s problems are domestic…
Investors should expect uncertainty to prevail in South Africa beyond the parliamentary vote of no confidence in President Jacob Zuma taking place today and the ANC elective conference in December this year, according to Trevor Manuel, South Africa’s former Minister of Finance.
The newly introduced section 7C of the Income Tax Act (“the Act”) applies to any loan, credit or advance granted directly or indirectly to a trust by, inter alia, any natural person, who is a connected person to the trust, where the loan, credit or advance is not interest-bearing or where it bears interest at…
With all the talk of radical economic transformation in the air, wealthy and middle-class South Africans should almost certainly expect the taxes they pay to rise over the next few years. This will build on the trend of the previous two Budget Speeches, which offered little in the way of tax relief for anyone but…
More than a month has passed since President Jacob Zuma removed Finance Minister, Pravin Gordhan, and several other ministers and deputy ministers from their posts in a dramatic midnight cabinet reshuffle. Yet the rand has remained relatively resilient following this unsettling political event—trading today at stronger levels than it was at the beginning of the…
