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Weekly top stories
TransUnion launches next-generation consumer credit profiling data tools
In tough times, credit lenders face increased risk, having a negative impact on profitability. To meet the market's need for improved risk management... read more>>



Finance
Survey shows improvement in home maintenance and upgrades
The latest FNB Estate Agent Survey has shown an improvement in agent perceptions of home maintenance and upgrades... read more>>
Qualities needed to become an asset manager

Mei-Chi Liou and Daphne Botha

The function of an asset manager is typically defined as that of handling the administrative, financial, capital, and operational aspects of any assigned portfolio... read more>>
1Life launches 'Truth About Money' initiative
According to recent statistics, South Africa currently has 19 million credit-active consumers, of which 50% are three months in arrears on their payments, compared to 20% in 2012. What's more alarming is that 11 million of these consumers are described as over-indebted... read more>>
Consumers need to take credit commitments more seriously
South African consumers are struggling to keep up financially with the lifestyle that they are buying into... read more>>
Insurance & Actuarial
Uber taxi service poses new liability challenges
Questions around passenger liability have been raised when making use of Uber, the real-time cab sharing application and taxi service... read more>>
Accounting & Auditing
UJ Top Under 35 CA award finalists shaping our future
Two young University of Johannesburg (UJ) academics have been named by SAICA as finalists for the Top 35 - under 35 Chartered Accountants Award.. read more>>
Cloud is the next big leap in the evolution of accounting software

Steven Cohen

Over the past 20 years, we've seen the business software market evolve at a rapid speed, moving from basic DOS-based solutions with text-based interfaces to... read more>>
Banking
Life in a month

Chris Tisdall

July has been designated 'Savings Month' by the Savings Institute of South Africa. It is a good time to reflect on the choice we make between saving and spending... read more>>
Survivors see banks as inflexible and intimidating
Ads24, a seller and marketer of South African newspapers to national advertisers and media agencies, discovered that banks are seen as inflexible, full of red tape and intimidating. read more>>
Financial Services
Entire outlook of financial service providers has to change

Quintis Venter

In an age in which technology has changed consumers' perceptions and consumption habits, the financial services industry has had to innovate rapidly in response to this new mindset... read more>>
Foreign electronic services not always cheaper
In the digital space there is a perception among consumers that the provision of certain electronic services is cheaper when purchased from foreign service providers... read more>>
Bidvest Media launches digital marketing foray with majority stake of Retroviral Digital Communications
Bidvest Media, a division of Bidvest Group Limited (Bidvest), the international services, trading and distribution company listed on the Johannesburg Stock Exchange, has expanded its media offering by purchasing a majority stake in Retroviral Digital Communications (Retroviral)... read more>>
South Africa's risk and financial advisers elect new leadership

Issued by Financial Intermediaries Association

Jay Ramsunder has been elected as President of the Financial Intermediaries Association, taking over the reins from Arnold van der Linde. Jay vacates the Vice-president position to Peter Olyott... read more>>
Forum for Assistance Business finds a new home at the Financial Intermediaries Association

Issued by Financial Intermediaries Association

The Financial Intermediaries Association of Southern Africa (FIA) has announced a mutual decision to integrate non-profit organisation in the funeral insurance sector, the Forum for Assistance Business, into the FIA structure... read more>>
Higher Education
GIBS in collaboration with LeadSA volunteer their time to local NGOs for Mandela Day

Issued by Gordon Institute of Business Science

In honour of Madiba's 97th birthday, the Gordon Institute of Business Science coaches and faculty members will be volunteering two hours of their time on 17 July at the Illovo campus... read more>>
Markets & Investment
Investors base decisions on Social Progress Indicators
Social progress is becoming an increasingly important factor for investors when deciding whether or not to invest in a particular country... read more>>
Private equity funds offer attractive long-term returns
South African private equity recorded a cumulative annual growth rate of 20.5% - net of all fees and expenses - for the ten years to March 2015... read more>>
Financial impact of Greece's 'no' vote

Sanisha Packirisamy

Real GDP growth in Greece averaged 4.1% per annum between 2000 and 2007, but plunged to an annual average decline of c.4.0% in the years following the global financial crisis... read more>>
Saving for a home loan in your best 'interest'
Saving towards a deposit on a new home is not only a good way to prove that you are ready to take on the additional costs of being a home owner... read more>>
Experts nervous as SA's property funds go abroad
Along with several other South African property companies, Western Cape-based Tower Property Fund is branching out overseas, but analysts warn that these markets come with their own challenges... read more>>
Taxation & Regulation
DTC confirms SA has efficient VAT system
The Davis Tax Committee's (DTC) first interim report on South African VAT has been released for public comment... read more>>
Be cautious when selecting a tax practitioner
South African taxpayers who find tax returns daunting, or may require assistance in ensuring they comply with the law, should ensure that they only make use of registered tax practitioners. read more>>
Higher interest rates could leave consumers more vulnerable
An increase in America's interest rates later this year can have a negative effect on the local economy... read more>>
Debt reduction by way of set-off

Bilal Bhamjee and Mareli Treurnicht

The South African Revenue Service (SARS) published Binding Private Ruling No. 193 (BPR 193) on 15 June 2015, which deals with the repayment of a shareholder loan by way of set-off with an outstanding loan under a subscription agreement... read more>>
International
World Bank urges 'substantial' pre-2020 climate funds
Putting money on the table for pre-2020 climate adaptation projects in poor countries, may help unlock an ambitious global pact in December, a senior World Bank official said on Thursday, 9 July 2015... read more>>
More International
Africa
3G Direct Pay certified PCI compliant
Pan-African premier solution for online and mobile payments, 3G Direct Pay Limited, has been certified as compliant with the security standards of the Global Payment Card Industry... read more>>
More Africa
Business
Nearly finished the business plan

Chris Brewer

Last week I wrote about setting objectives, but we also have to consider the two integral parts that make the setting of objectives possible. And this, naturally, includes strategies and forecasting... read more>>
People on the move
  • Merchant Capital makes two key appointments - more info

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New events to diarise
Audit and assurance masterclass summit 2015
Knowledge Integration Web (Pty) Ltd - 17 Sep 2015 to 18 Sep 2015, Johannesburg

Upcoming events
Financial literacy seminar
Prodimensions - 17 Jul 2015, Johannesburg

Intro to tax analysis and revenue forecasting
Continuing Education at University of Pretoria - 20 Jul 2015 to 24 Jul 2015, Pretoria

Fiscal Decentralisation & sub-national Government
Continuing Education at University of Pretoria - 20 Jul 2015 to 24 Jul 2015, Pretoria

Project Procurement for PublicPrivate Partnership
INTAH Training and Consulting - 21 Jul 2015 to 23 Jul 2015, Pretoria, Johannesburg, Durban | 21 Oct 2015 to 23 Oct 2015, Pretoria, Johannesburg, Durban

Strategic financial value management
Continuing Education at University of Pretoria - 21 Jul 2015 to 22 Jul 2015, Pretoria

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Over the past five years Greece has seen an exodus of young, talented, highly-skilled Greeks http://t.co/TilfSsEjQ7 http://t.co/rQmiczYiId - Tue Jul 14
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SAfxit? How South Africa's economy can lead us to Greece-like slavery http://t.co/Ort1Ec1mug By RICHARD POPLAK @Poplak - Tue Jul 14
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John Oliver: It's time to stop taxpayer-funded stadiums http://t.co/VyJWHN1q80 - Tue Jul 14
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The biggest wellspring of new jobs is the somewhat nebulous category of business services: http://t.co/ffggmK4ZI2 - Tue Jul 14
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