Economic data from Q2 indicates that growth in US economic activity is continuing to improve.As far as the labour market there is concerned, the unemployment rate has eased slightly, but still … [Read more...]
Offshore and Local Investing Investment News from South Africa and around the world
Allan Gray’s offshore sister company Orbis launches a Global Balanced Fund to the world
It's been almost five years since independent investment advisors started their appeal to Allan Gray to extend their investment offering into the global mixed asset or Global Balanced Fund sphere.The … [Read more...]
Election Results reflect more careful thought from the electorate
These key indications are evident after the general election held on the 7th of May 2014:More voters turned out to vote than were expected by the IEC. A larger percentage of voters than before … [Read more...]
Updated method for calculating capital gains on overseas investments for individuals
For the 2014 tax year, these are the CGT rules for both legal entities and individuals who own overseas investents in foreign currencyFor all disposals after 1 March 2013, the CGT calculation for … [Read more...]
NHI to be implemented over about 14 years
Pravin Gordhan said that although the first phase would be implemented in Q2 of next year in the form of 10 pilot projects which would be launched in selected districts.The first five years would … [Read more...]
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