top of page


Food for Thought


LEGAL NOTE: JULY 2024 FSCA COMMUNICATION 21 OF 2024
On 5 August 2019, the FSCA published FSRA Conduct Standard 1 of 2019 (PFA) - Conditions for amalgamations and transfers in terms of...

Anu Ananmalay
Jul 8, 20243 min read
Â
Â


LEGAL NOTE: JUNE 2024 (PART 2) - A FRAMEWORK FOR UNCLAIMED FINANCIAL ASSETS IN SOUTH AFRICA
In 2022, the Financial Sector Conduct Authority (FSCA) published the Discussion Paper on a Framework for Unclaimed Financial Assets in...

Anu Ananmalay
Jun 5, 20248 min read
Â
Â


LEGAL NOTE: MAY 2024 (PART 1) – A FRAMEWORK FOR UNCLAIMED FINANCIAL ASSETS IN SOUTH AFRICA
In 2022, the Financial Sector Conduct Authority (FSCA) published the Discussion Paper on a Framework for Unclaimed Financial Assets in...

Anu Ananmalay
Jun 5, 20246 min read
Â
Â


LEGAL NOTE | FSCA Interpretation Ruling 1 of 2024
This Interpretation Ruling was issued to provide clarity, consistency and certainty in the interpretation and application of section 37C...

Anu Ananmalay
Apr 16, 20243 min read
Â
Â


Property market showing signs of recovery
Following a period of subdued activity, especially for the value of new home loans granted, South Africa’s property market may be on the...

Dr. Roelof Botha
Apr 11, 20242 min read
Â
Â


Gold price in record-breaking mood
March witnessed a relentless rise in the gold price, with the precious metal breaking new records on a regular basis to reach an all-time...

Dr. Roelof Botha
Apr 4, 20242 min read
Â
Â


Inflation remains stubborn, but below 6%
February’s reading for the consumer price index (CPI) was disappointing, with the pace of retreat since mid-2023 having been halted. The...

Dr. Roelof Botha
Mar 28, 20242 min read
Â
Â


National Budget Speech 2024
On 21 February 2024 Finance Minister Enoch Godongwana delivered his budget speech, summarised on a high level, as follows: Social grants...

Anu Ananmalay
Feb 26, 20244 min read
Â
Â


Budget 2024/25 - Forex reserves to the rescue!
The 2024/25 national budget will mainly be remembered for its novel utilisation of a portion of South Africa’s gold and foreign exchange...

Dr. Roelof Botha
Feb 22, 20243 min read
Â
Â


Manufacturing sales hit new record in 2023
South Africa’s manufacturing sector ended 2023 on a high note, with the 4th quarter recording a sales figure of R876 billion,...

Dr. Roelof Botha
Feb 15, 20242 min read
Â
Â


Foreign direct investment in good nick
Over the 12 months ended September 2023, gross foreign direct investment (FDI) inflows on the South African balance of payments achieved...

Dr. Roelof Botha
Feb 8, 20242 min read
Â
Â


LEGAL NOTE | Section 37C Extent of Dependency
THE FINANCIAL SERVICES TRIBUNAL (FST) : In the matter between: Fakazile Anna Khwela, the applicant and Toyota SA Provident Fund; NBC...

Anu Ananmalay
Feb 5, 20245 min read
Â
Â


Stellar tourism growth in 2023
South Africa’s tourism industry is well on its way to a full recovery, with the number of overseas travellers in 2023 breaching the...

Dr. Roelof Botha
Feb 1, 20242 min read
Â
Â


Inflation firmly under control again
Following a consistent and fairly sharp downward trend in the consumer price index (CPI) since the third quarter of 2023, the pace of...

Dr. Roelof Botha
Jan 25, 20242 min read
Â
Â


Take advantage of your Retirement Annuity tax incentives
With February around the corner and tax year end draws near, we want to remind you of the benefit of using your entire annual tax...

Ankia Nel
Jan 25, 20241 min read
Â
Â


Bright start to the New Year
Despite being greeted by a return to electricity rationing, January has witnessed a number of positive trends in key economic data sets,...

Dr. Roelof Botha
Jan 18, 20242 min read
Â
Â


LEGAL NOTE | January 2024 Composition of the Board - Number of Trustees on the Board – Rules – FSCA Approval – Textile open provident fund
Summary :Â Â Financial Services Tribunal (FST) application for reconsideration of a decision of the FSCA where the FSCA declined to...

Anu Ananmalay
Jan 11, 20244 min read
Â
Â


Living Wills in South Africa
In South Africa, living wills, also known as advance directives or personal directives, are not currently recognized as legally...

Ankia Nel
Jan 9, 20242 min read
Â
Â


Construction activity returns to growth mode
Despite disappointing 3rd quarter GDP data, South Africa’s construction sector seems to have turned the corner and is heading for...

Dr. Roelof Botha
Dec 7, 20232 min read
Â
Â


Wholesale sector remains vibrant
Despite a slight speed wobble during September, South Africa’s wholesale sector is bound to break sales records during the last quarter...

Dr. Roelof Botha
Nov 30, 20231 min read
Â
Â
bottom of page
