The first step in wealth creation

THE FIRST STEP IN WEALTH CREATION I grew up in a household that didn’t have a lot of conversations about finances.  It was a typical household in that my father was the main bread winner, and my mother would do all the shopping.  They must have spoken between...

You and the two-pot system

YOU AND THE TWO-POT SYSTEM Last year we wrote about the forthcoming Two-Pot retirement system which was said to revolutionise South Africa’s retirement savings industry. At that stage we felt that it was a great idea but there was a lot of uncertainty about how it...

Why economic policy matters

WHY ECONOMIC POLICY MATTERS The weakening of the Rand and the decline in the stock market as the 2024 General Election results started filtering through, shows just how aware the market is of the future direction of the economic policies within South Africa. The two...

Investing in Uncertain Times

INVESTING IN UNCERTAIN TIMES As we enter a year of general elections (across the globe, but most importantly within South Africa) we expect to see the level of uncertainty increase.  Politicians can often be considered a different animal at these times, with their...

The Two-Pot System

RETIREMENT SAVINGS AND THE TWO-POT SYSTEM Sometimes things change very quickly. South Africa has often dragged its feet when it comes to retirement reform and the whole issue over the two-pot system also seemed to be going along that same route. We had been preparing...