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Happy Friday John
Thu, 15 June 2023
Week's top stories
Client ordered to refund Discovery R1.64m
Client ordered to refund Discovery R1.64m
Roy Cokayne
Court rules that policy clause entitles insurer to terminate policy, with retrospective effect from the date of insured incident.
Investors cry foul, seek liquidation of Georgiou-linked Zephan
Investors cry foul, seek liquidation of Georgiou-linked Zephan
Ryk van Niekerk
Former HS investors claim the business rescue process aims to dodge fraud investigation.
Load shedding: 'Faceless people decide behind closed doors'
Load shedding: 'Faceless people decide behind closed doors'
Moneyweb
No applications for exemptions received says Nersa.
High Court setback for disgraced former Steinhoff CEO Markus Jooste
High Court setback for disgraced former Steinhoff CEO Markus Jooste
Roy Cokayne
Judge dismisses exceptions to application by retail billionaire Christo Wiese to overturn the Lanzerac wine estate sale.
High court orders Joburg to reconnect Balwin estate's water supply
High court orders Joburg to reconnect Balwin estate's water supply
Roy Cokayne
The Reid Lifestyle Estate claims it's being 'held to ransom' for amounts it does not owe.
Zimbabweans in SA left dangling for another six months
Zimbabweans in SA left dangling for another six months
Ciaran Ryan
There is a perception that foreign nationals are being scapegoated for SA’s many ills.
Blunt rhetoric and rising vigilantism is consuming the state
Blunt rhetoric and rising vigilantism is consuming the state
Khaya Sithole
Business offers assistance, but government reticence grows and the taxi industry is allowed to hold sway.
Nersa guides municipalities to increase electricity tariffs by 15.1%
Nersa guides municipalities to increase electricity tariffs by 15.1%
Moneyweb
But some want more.
Standard Bank grilled on fossil fuel funding
Standard Bank grilled on fossil fuel funding
Ntando Thukwana
Group says it considers gas a transition fuel.
Middle class dumps DStv as interest rates, load shedding bites
Middle class dumps DStv as interest rates, load shedding bites
Moneyweb
MultiChoice lost 100 000 subscribers between January and March.
SA’s most senior business people now part of the government’s ‘crisis committees’
SA’s most senior business people now part of the government’s ‘crisis committees’
Ryk van Niekerk
This is an initiative by Business South Africa and businesses are standing together and prepared to make resources and people available to help tackle our problems – Remgro CEO Jannie Durand.
It’s not just the middle class, top 5% feeling debt pain too
It’s not just the middle class, top 5% feeling debt pain too
Moneyweb
New defaults on home loans up 34% in the first three months of 2023 …
Simon’s weekly wrap: Value vs growth debate rages on
Podcast brought to you by STANLIB
Simon’s weekly wrap: Value vs growth debate rages on
Simon Brown
This week MoneywebNOW looked at the importance of car insurance and findings from the latest Commercial Property Broker Survey.
Depoliticising SAPS is key to efficient crime fighting
Podcast brought to you by Peregrine
Depoliticising SAPS is key to efficient crime fighting
Jeremy Maggs
A round-up of news updates, including a look at whether South Africans should be concerned about government's plans for smart geysers.
Week's top podcasts
RADIO »    PODCASTS »
South Africans are becoming poorer because of infrastructural failings – Mike Brown
South Africans are becoming poorer because of infrastructural failings – Mike Brown
South Africa
‘The buzz is definitely back’ in Sandton
‘The buzz is definitely back’ in Sandton
The Property Pod
New regulations for the two-pot pension system and how you’ll be impacted
New regulations for the two-pot pension system and how you’ll be impacted
SAFM Market Update
Could your feeble legal foundation sink your business?
Could your feeble legal foundation sink your business?
Small Business Conversations
The graveyard of crypto exchanges
The graveyard of crypto exchanges
Crypto podcasts
Home Affairs’ plan to process mass ZEP applicants
Home Affairs’ plan to process mass ZEP applicants
Radio
Opportunities in SA retail …but patience needed
Opportunities in SA retail …but patience needed
MoneywebNOW - Brought to you by STANLIB
Business can’t sit idle in SA’s Russian romance
Business can’t sit idle in SA’s Russian romance
Moneyweb@Midday
RSG Geldsake met Moneyweb – Maandag 12 de Junie 2023
RSG Geldsake met Moneyweb – Maandag 12 de Junie 2023
RSG Geldsake
What makes Standard Bank’s private banking offering different?
What makes Standard Bank’s private banking offering different?
SAFM Market Update
Vukile's small urban and rural mall niche pays off
Vukile's small urban and rural mall niche pays off
MoneywebNOW - Brought to you by STANLIB
Koffie uit Prosopis-bome?
Koffie uit Prosopis-bome?
RSG Geldsake
From our Advisors
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Weekly Wrap-up
SA’s multi-millionaires caught off-guard at death
Richus Nel - PSG Wealth
Dollar millionaires will be subjected to scrutiny by Sars in respect of capital gains, and estate duty and executors will levy their fees on whatever passes through the deceased estate.
Weekly Wrap-up
Eight ways to identify a Ponzi scheme
Craig Torr - Crue Invest (Pty) Ltd
While everyone likes to think they’re immune to investment scams, the numbers tell a different story.
Weekly Wrap-up
Death and the accrual system: here's what to know
Gareth Collier - Crue Invest (Pty) Ltd
Calculating the accrual can be technical and can add a layer of complexity to one’s estate planning.
Ask an advisor
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SUBMIT A QUESTION »
Can I withdraw again if I've previously withdrawn all my pension?
Two advisors answer this reader's question.
Why can't I access the full R350k in my RAs?
If all your retirement annuities are at one service provider, this total amount would be over the R247 500 threshold and prevent you from commuting all the funds.
Top voted comment
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Sensei: “The members of the green lobby group are insane opportunists. They used oil, plus a myriad of global warming activities to arrive at the meeting where they protest against oil and gas. They used electricity derived from coal and gas to prepare their food and then, on their full stomachs, they want to ban others from doing the same. Never mind these ignorant and naive ... [Read full comment]
152 votes On story: Standard Bank grilled on fossil fuel funding
Top viewed companies
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Latest indicators
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Current Value 7 Day 1 Month 3 Months 6 Months
JSE ALSI
77,752.41
15 Jun, 14:06
1.59 %
-0.26 %
7.09 %
6.95 %
Industrial 25
104,601.30
15 Jun, 14:06
0.73 %
-3.28 %
6.58 %
14.88 %
Financial 15
16,058.44
15 Jun, 14:06
5.69 %
7.47 %
5.42 %
5.60 %
Resource 10
68,268.77
15 Jun, 14:06
0.04 %
-0.06 %
11.75 %
-1.85 %
Top 40
72,301.06
15 Jun, 14:06
1.39 %
-0.40 %
7.91 %
8.57 %
Current Value 7 Day 1 Month 3 Months 6 Months
USDZAR
R 18.41
15 Jun, 14:17
-4.77 %
-3.63 %
-0.18 %
4.53 %
GBPZAR
R 23.31
15 Jun, 14:19
-2.83 %
-2.62 %
4.64 %
8.54 %
EURZAR
R 19.96
15 Jun, 14:19
-3.52 %
-3.91 %
1.90 %
6.48 %
AUDZAR
R 12.52
15 Jun, 14:19
-2.85 %
-2.27 %
2.39 %
5.99 %
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