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Delayed budget and VAT hike – SME implications

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As the nation waits for the rescheduled delivery of the Budget Speech on 12 March, many wonder what tax announcements to expect. The delayed budget and VAT hike mean small business owners, in particular, remain on tenterhooks as they anticipate the rate hike. This increase would see the VAT rate rise from 15% to 17%, which could significantly impact businesses.

Lobola, marriage and homeownership – navigating the implications

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In many African cultures, the conclusion of lobola negotiations marks a major milestone. It symbolises the formal union of two families. While this deeply rooted tradition is widely embraced, fewer people understand its impact on homeownership.

Promoting financial literacy and savings strengthens the economy

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South Africa stands at a critical juncture, facing a confluence of challenges and opportunities that will shape its future. One of the greatest opportunities lies in retaining its young graduate professionals, who are a vital resource for driving the nation's growth and development.

Essential property terms for investment and buying

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Whether you’re stepping into the property market for the first time or you're an experienced investor, the real estate market can feel overwhelming with ever-changing trends and a maze of industry jargon. To help you make informed decisions, it's essential to understand these key terms. I break down some of the most important property terminology, helping you navigate your real estate journey with confidence.

Customising client financial needs analysis

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The economic landscape continues to present formidable obstacles for South Africans. With the prices of essential goods surging and wage growth stagnating, disposable income has dwindled forcing consumers to cut back on spending to focus on essential items.

Surge in cardiovascular deaths – implications for life insurance

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Cardiovascular disease (CVD), encompassing heart disease and stroke, has been a major cause of death globally for a long time. It has affected individuals and their families and had far-reaching consequences for industries that provide financial security, such as life insurance.

How do you get rich?

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Lately, I have received several questions from investors about how rich people go about their money. What do they do differently, or have they simply inherited wealth? Our clients include a substantial number of families who have accumulated wealth over many generations, but many are first generation.

Navigating medical aid – a comprehensive guide to making informed choices

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Affordability is a prime concern for many when it comes to choosing the right medical aid plan. Medical inflation consistently outpaces general inflation, so year after year employees need to balance coverage and cost.

Mind over money matters – taking steps to nurture a financial...

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Like it or not, money lies at the very core of modern society. When considering financial wellbeing as the balance point between life hurdles or hardships and comfortable adjustment, the importance of money matters is apparent, explains psychologist Dr Erika Hitge.

There are two sides to every coin

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Progressively more articles are appearing warning that the South African economy is heading for a total implosion. The sentiment is incredibly bearish on the ground and South Africans are finding themselves between a rock and a hard place.

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