According to Sanlam Corporate’s internal member data, South Africa’s true retirement age – the age at which most citizens can afford to retire comfortably – is closer to 80.

South Africa’s new dividends tax protocol impacts Kuwaiti, Dutch, and Swedish shareholders, imposing 5-10% taxes on earnings from South African subsidiaries. While boosting tax revenue, it raises compliance challenges and may deter cross-border investments. Retrospective application faces legal scrutiny.

Discovery Bank has released an analysis of its client transaction data during December 2024. It highlights interesting festive spend behaviours among the Bank’s clients and the value derived from their travel and lifestyle rewards.

Linda Kleynscheldt: Head of Actuarial and Product, PSG Wealth gives a comparison between a Tax Free Savings Account (TFSA) and Retirement Annuity (RA) to help you decide if either (or indeed both) of these products might be right for your needs.

Old Mutual Wealth (OMW) South Africa has announced a strategic collaboration with Bravura, a leading financial services technology provider to the asset and wealth management communities, to enhance its Discretionary Fund Manager (DFM) functionality of its Linked Investment Service Provider (LISP) platform.

Friedrich Meisenholl, Regional Investment Manager at Business Partners Limited, believes improvements are on the horizon as we look ahead to 2025. However, the past year has taught businesses that anything from natural disasters to fuel price shocks can scramble even the most meticulous plans for business growth.