by Richard Sparg | May 16, 2024 | Netto Invest Winter Newsletter 2024, Newsletter
South Africa’s budget speech on 21 February 2024 gave two clear indications that our government is facing financial pressure. The two indicators of financial pressure. The first indicator was failing to apply an inflationary adjustment to the income bands in the...
by Morne Bezuidenhout | May 16, 2024 | Netto Invest Winter Newsletter 2024, Newsletter
Your will is one of the most important documents you will sign in your life so it’s worthwhile to get professional advice when drafting it. In most cases we do not recommend the use of joint wills – it is simpler for spouses to have separate wills and...
by Ian Beere | May 16, 2024 | Netto Invest Winter Newsletter 2024, Newsletter
The new “two-pot” retirement fund system allows partial early access to your retirement funds – recognising that life is uncertain and people will encounter emergencies. It’s our government’s way of transitioning South Africa towards a...
by Michael Maré | May 16, 2024 | Netto Invest Winter Newsletter 2024, Newsletter
Cash investments in South Africa are offering lucrative returns in 2024, thanks to local interest rates that have soared to levels we haven’t seen since 2009. While cash is generally considered a defensive investment that shields you from the volatility of...
by Lindsay Frost | May 16, 2024 | Netto Invest Winter Newsletter 2024, Newsletter
Despite the volatile conditions in South Africa, there appears to be a trend of skilled South Africans returning to home soil. Both the real estate industry and the tax industry have quoted data indicating that increasing numbers of wealthy South Africans who have...
by Cameron McCallum | May 16, 2024 | Netto Invest Winter Newsletter 2024, Newsletter
In 2023, the Financial Action Task Force (FATF) grey-listed South Africa. Here’s why, and what has been happening since… What is the FATF and grey-listing? The Financial Action Task Force (FATF) is the global standard-setter in combating money laundering...