November 11, 2024

Beware Black Friday’s short-term gain could be Long-term financial pain

As Black Friday approaches on 29 November, the National Financial Ombud (NFO) has warned consumers to be on guard against getting in the red by impulse buying without a budget or plan.
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November 11, 2024

Six steps to evaluating potential investments

Financial markets are cyclical and periods of economic downturn often present unique opportunities to achieve your desired investment outcomes. For this reason, it is important to identify solutions tailored to global market dynamics to realise wealth that spans generations.
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November 12, 2024

From stubble to stability: Financial fitness for men’s health this Movember

According to Momentum Financial Adviser Ross McMillan, “Health costs can quickly become burdensome, particularly when unexpected, but with financial preparation, they’re easier to manage. McMillan shares a few critical financial tips that can help men proactively tackle both their health and finances.
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November 4, 2024

The power of advice – a household’s guide to financial resilience in a post-MTBPS economy

Bertie Nel, Head of Financial Planning and Advice at Momentum, advises that understanding this year’s MTBPS is crucial to manage household finances effectively. The MTBPS provides essential insights into inflation targets, tax policies, social grant updates, and economic growth projections, all of which impact household finances in real terms.
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November 4, 2024

The cash flow playbook

For South African business owners, particularly those in sectors hard hit by fluctuating demand, maintaining a healthy cashflow can be difficult. Yet with rising operating costs, and tighter access to credit, effectively tracking cashflow has become key to keeping a business afloat.
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November 12, 2024

Medium-term budget - A cold shower of reality

Finance Minister Enoch Godongwana’s Medium-Term Budget Policy Statement (MTBPS) delivered today poured cold water on all the good news the market was expecting about an improving economy following the formation of a Government of National Unity (GNU), improved energy security and lowering inflation, according to Citadel Chief Economist, Maarten Ackerman.
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