The winner and two runners-up of the 2023 BMR/Unisa Economist of the Year competition will be announced at an awards ceremony to be held in Pretoria on 20 June 2024. These individuals provided the most accurate and consistent economic forecasts during 2023.

To support the viability of South African social entrepreneurship, First National Bank (FNB) partnered with business growth specialists Fetola to deliver two cohorts of the Social Entrepreneurship Impact Lab (SEIL) Programme.

The election results were within the risk spectrum of our expectations, albeit on the higher end. The probability of a coalition or minority government remains significant, which likely suggests a continuation of current policies. However, the possibility of a more populist coalition cannot be discounted

At the start of June, President Cyril Ramaphosa signed into law the amendment bill that establishes the "two-pot" retirement system, which allows members of retirement funds to access a portion of their retirement savings while still employed.

One of the most important points to communicate to members is when their money will be accessible. Even though the legislation goes live on 1 September, it doesn't mean funds may be able to pay out on that date as there are several steps that need to be implemented first

With the new system officially coming into effect on 1 September 2024, retirement fund administrators in particular only have a few months left to organise their affairs, particularly regarding pending legal matters, if they want to pay out their clients’ withdrawal claims promptly post 1 September.”