The upcoming South African budget speech represents a pivotal moment for the country, offering clarity on the government’s fiscal priorities and implementation strategies.

With the 2025 National Budget looming, corporate leaders hoping for greater clarity on the next phase of retirement reform are likely to be disappointed, says Old Mutual Corporate's Michelle Acton, Chief Customer Officer.

Nazrien Kader, Old Mutual Group Head of Tax, unpacks the complexities of South Africa’s 2025/26 Budget amid economic strain, geopolitical tensions, and tax policy shifts. With fiscal constraints tightening, can Minister Godongwana strike a balance between growth and sustainability?

This year's budget speech is expected to prioritise long-term development objectives, though it comes with the caveat that immediate relief for ordinary citizens may be limited.

Buyers of life insurance are urged to ensure there is a valid beneficiary nomination on a policy lodged with the insurer so that the policy does not form part of the estate and the proceeds upon death are paid directly to the beneficiary, thereby saving time and money on executor fees.

OM Bank has received approval from the South African Reserve Bank’s Prudential Authority to appoint Clarence Nethengwe as Chief Executive Officer (CEO) of the country’s newest bank, effective immediately.