Aurum TrustApr 7, 2020Lockdown: SARB Foresees 370 000 Initial Job Losses, 1 600 Business InsolvenciesEarly projections by the SARB are that the 21-day lockdown could see 370 000 job losses and 1 600 business insolvencies.
Aurum TrustApr 7, 20205 Government-Backed Financial Relief Measures that South African Businesses May not Know AboutSmall businesses can apply for debt relief from most of the major South African banks and several state programmes.
Aurum TrustMar 30, 2020Mboweni’s ‘Hallelujah’ Moment as Ramaphosa Green-lights Structural Reform Mboweni had a ‘Hallelujah’ moment when President Ramaphosa told him that the Moody’s downgrade was the trigger to pursue structural reforms.
Aurum TrustMar 26, 2020South Africa’s Economic Firepower: Now vs 2008 Crisis in ChartsSA emerged from the 2008 global financial crisis in strong position. The opposite is likely after the coronavirus pandemic.
Aurum TrustMar 25, 2020SA Reserve Bank Catches the Quantitative Easing Bug as Covid-19 infects Economy, Bond MarketThe South African Reserve Bank has been infected with the quantitative easing bug, known in some ANC circles as ‘quantity easing'.
Aurum TrustMar 24, 2020Here’s what you Need to Know about the Impact of Covid-19 and Paying TaxSARS has taken several precautionary measures in response to the risk of infection from Covid-19.
Aurum TrustMar 23, 2020How Far the JSE’s Biggest Companies Have FallenMore than 30% down for 23 of the 40 largest so far this year...
Aurum TrustMar 19, 2020Steep Cut in Interest Rates AnnouncedThe SA Reserve Bank’s monetary policy committee cut the repo rate by one percentage point from 6.25% to 5.25% on 19 March.
Aurum TrustMar 3, 2020SA Slips into Technical Recession after 1.4% GDP Contraction in 4th QuarterSouth Africa’s GDP has expectedly contracted by 1.4% in the fourth quarter of 2019, pushing the country into a technical recession.
Aurum TrustMar 1, 2020The 12 Biggest Money-Related Reasons People Get DivorcedMoney is the No. 1 thing couples argue about, so it's no surprise that money-related conflicts are frequently cited as a reason for divorce.
Aurum TrustMar 1, 2020Pam Golding Properties in Hot Water over Possible Aiding of Money LaunderingPam Golding Properties might face slap-on-the-wrist sanctions if it is found guilty of aiding money-laundering transactions.
Aurum TrustFeb 21, 2020Low-hanging Fruit for Sars to HarvestMounting evidence of ill-gotten gains surely makes applying the law the easiest way to boost revenue collections.
Aurum TrustFeb 18, 2020Investment Scams Pop Up like MushroomsDubious investment schemes emerge faster than the authorities can close them down.
Aurum TrustJan 31, 2020The Advantages of a Retirement AnnuityInvestors can save tax and, at retirement, withdraw R500 000 tax-free from their RAs.
Aurum TrustJan 27, 2020Aflegging: Maak Tweede Begin só MaklikerAlhowel dit een van volwassenes se grootste nagmerries is om jou werk te verloor, hoef dit egter nie jou lewe of geldsake te verwoes nie.
Aurum TrustJan 25, 2020Investors can’t Trust What they Think they Know about the Rand The currency is rarely what it seems.
Aurum TrustJan 24, 2020Here’s Where the Rand Could Go by the End of 2020The rand is likely to weaken back up to R15.16 against the dollar by the end of the first quarter, and reach R16.13 by year-end.
Aurum TrustJan 14, 2020Here's What SA Financial Experts Would Do with R10 000 in 2020Fin24 asked several financial experts, including our own Gustav Potgieter, what they would do with R10 000 in 2020.
Aurum TrustJan 8, 2020SA’s Problem of a Narrow Tax Base and High TaxesAnalysis of collections by Sars shows why things are not working in SA.
Aurum TrustDec 2, 2019Have You Fallen for This Retirement Fund Myth?Funds with low-cost fees are bound to offer more value – and the lower, the better, right? Well, not always – and yet this myth persists.
