Archive | January, 2015

Tax free savings accounts vs discretionary investment

The introduction of tax-free savings accounts on March 1 this year could result in considerable benefits for long-term investors who previously favoured discretionary investments through unit trusts, exchange-traded funds (ETFs), retail savings bonds and bank deposits. Although industry is still awaiting the final regulations, individual investors would be able to contribute R30 000 per annum […]

Continue Reading

Interest on Flexibond Savings

A Fin24 user has a question about saving interest when paying extra money into his home loan. Hewrites: My wife and I purchased a residential property in May 2014 for R980 000. We did not move into this property when transfer took place, rather opting to rent out the property to enable us to save for […]

Continue Reading

Eskom’s boiler contractor at Medupi and Kusile defends its reputation Also clarifies its perceived non-performances in meeting contractual obligations. Eskom’s boiler works contractor at Medupi and Kusile has moved to defend its reputation, and to clarify its position in respect of any perceived non-performances in meeting its contractual obligations to deliver steam of the right […]

Continue Reading