20.6 C
Johannesburg
Wednesday, February 20, 2019
Advertisement
Home Articles Assets & Investments

Assets & Investments

Section 12J industry body established

There are now more than 100 registered Section 12J (S12J) companies in South Africa and it is estimated that the market has raised more than R3.6 billion in investments. S12J was instituted in 2009 with a 12 year sunset clause set to end in June 2021. 

Naspers sets date for MultiChoice listing 

The unbundling and listing of MultiChoice will result in Naspers shareholders holding a direct interest in the video entertainment business. Naspers expects to unbundle and list its MultiChoice business on the JSE by the end of February if all goes according to plan. In a pre-listing statement, the global internet and media business said shares in the video entertainment business would start trading on the JSE on 27 February.

MultiChoice targets African growth with listing

The video entertainment group says it will focus on returning its loss-making operations outside of South Africa to profitability as it prepares for a February listing. MultiChoice will list on the JSE at the end of next month in a move that will position Africa’s biggest pay-TV operator for further growth across the continent.

A bumpy ride for the rand in 2019?

Few currencies matched the rand’s turbulence in 2017, with factors such as Trumpenomics, the firing of finance minister Pravin Gordhan and the appointment of Cyril Ramaphosa as ANC president, contributing to the R2.04 price swing during the year.

Emigrating – what happens to your retirement fund benefit?

Expected changes to the income tax laws in March 2019 will allow members who emigrate before they reach retirement date more flexibility to withdraw their retirement funds when they leave the country.

Is the equity party over?

The cracks may be starting to show in the ten-year equity bull market, but does this mean that the cycle is now over?

REPORT | Enhancing the credibility of non-financial information

Investors want more credible and relevant non-financial information from companies to make informed decisions.

Nedbank spends R2 billion in odd-lot buyback

Shareholders in SA, Zimbabwe and Malawi will be paid out this week, while UK shareholders will receive payment at the end of the month.

Invest in your child’s future with a TFSA this Xmas

As a parent you may be looking for special ways to treat yourself and your loved ones this festive season, but rather than spending your hard-earned money on soon-to-be forgotten toys or designer clothing, now is the perfect time to invest towards your child’s future with a Tax-Free Savings Account (TFSA).

BOOK REVIEW | Passing the Torch

The author tackles the millennia-old money curse and focuses her attention on this issue in her book because it manifested in her family. Her father grew up with wealth, yet by the time he passed he was financially dependent on his children.
- Advertisement -

LATEST NEWS

MUST READ

X

Forgot Password?

Join Us

Password Reset
Please enter your e-mail address. You will receive a new password via e-mail.