Moneyweb News

[ADVISOR VIEW] A high salary doesn’t guarantee financial security. Alex Odendaal of Crue Invest (Pty) Ltd - 2023 FPI Approved Professional Practice™ of the Year explains why the gap between what you earn and spend is what ultimately builds wealth. #Moneyweb #WealthBuilding ow.ly/WU1s5102PWS

[ICYMI] Motorists from neighbouring countries have complained for years of 'bullying' by Sars customs officials when driving foreign-registered vehicles on SA roads. #Moneyweb ow.ly/hStR5102OxA

[OPINION] South Africa’s electricity outlook relies on Eskom sustaining a 70% energy availability factor and new generation arriving on time. But a failed gas procurement round raises questions about these assumptions, writes EE Business Intelligence MD Chris Yelland. #Moneyweb #ElectricitySupply ow.ly/cbF75102ONh

[WATCH] Ray Mahlaka speaks to political scientist Professor Susan Booysen on #TheBallotSheet podcast about why coalition governments are set to increase after the local elections, and the risks of fragmented politics without clear rules or accountability. #Moneyweb #Podcast Watch the full episode here: ow.ly/pWyk5102OUv

[WEBINAR] How can executives navigate geopolitical uncertainty, emerging technologies and organisational change? Join host @maggsonmedia and @GIBS_SA experts Dr Jill Bogie, Prof Nicola Kleyn, Prof Albert Wocke and Prof Caren Scheepers on 17 November at 2pm. Register here: ow.ly/ICqW5104srB Read more: ow.ly/16PM5104srC

[ADVISOR VIEW] Market volatility is a reminder to stay diversified, protect against losses and resist reacting to every headline. Elke Brink of PSG Wealth draws lessons from the golf course for navigating turbulent markets. #Moneyweb #Investing ow.ly/KmM85102SfK

[ICYMI] Concor, which is now 100% owned by the GEPF and the UIF, is in financial distress and has entered into voluntary business rescue proceedings. #Moneyweb ow.ly/FYFq5102Oxw

[WATCH] Nokukhanya Mntambo speaks to Vantage Advisory MD Luncedo Mtwentwe on the #MzansiBusiness podcast about how municipal service failures drive up SME costs, disrupt operations and limit business growth – and what local government needs to do differently. #Moneyweb #Podcast Watch the full episode here: ow.ly/akHT5102OSb

[PODCAST] @maggsonmedia speaks to Mkokeli Advisory lead partner Sam Mkokeli on #MoneywebAtMidday about three possible coalition scenarios for Johannesburg, ActionSA’s kingmaker role and the wider implications for Gauteng’s hung metros. #Moneyweb #LocalElections Listen to the full episode here: ow.ly/wMBX5104uik

[ADVISOR VIEW] Two retirees can earn the same average return but end up with vastly different savings, depending on when market losses occur. Wouter Fourie of Ascor Independent Wealth Managers explains the impact of sequence-of-returns risk. #Moneyweb #Retirement ow.ly/gfnZ5104n6I

If the group's on-demand delivery sales continue to grow at current double-digit levels, Sixty60 sales will top the R30bn mark during the current financial year (FY2027). #Moneyweb #Sixty60 ow.ly/3ScO5104ptx

[ADVISOR VIEW] A changing family or financial situation should prompt an immediate review of your will and estate plan. Marius Fenwick of @thisiswealthup urges people to stop putting important decisions off and make sure their wishes are documented. #Moneyweb #EstatePlanning ow.ly/uyht5104n5h

TFG chair Michael Lewis will step down in December amid shareholder discontent. The retailer’s share price is down 39% this year, with its R1bn share buyback also under scrutiny. #Moneyweb #TFG ow.ly/EsTN5104ooe

[PODCAST] SA equities are trading at about eight times forward earnings, well below their long-term average, while AI investment is shifting towards software applications and attractive global bond yields are creating new opportunities. Independent Securities CIO Simon Fillmore speaks to @SimonPB on #MoneywebNOW about where investors should look. #Moneyweb #Podcast Listen to the full episode here: moneyweb.co.za/moneyweb-podc…

[SPONSORED] A 2% exchange-rate spread could add around R20 000 to a R1m international transfer. Future Forex explains how transparent pricing can help cut costs. ow.ly/bKR35104nMJ

[LISTEN] @jmoyaha_ speaks to former ambassador Dr Kingsley Makhubela on SAfm #MarketUpdate about whether the US midterm results could change Washington’s stance on South Africa and revive Agoa benefits, and why he expects policy continuity. #Moneyweb #Radio Listen to the full conversation here: ow.ly/I3je5104n4o

[PODCAST] @CiaranRyan14 speaks to Sixpence’s Carel de Jager on the #CryptoPod about his experiment with an AI bot tasked with making money, the guardrails needed to prevent scams and why autonomous agents could create an economy bigger than the human one. #Moneyweb #Podcast Listen to the full episode here: ow.ly/iu3s5104n3l

Marco Rubio is reportedly weighing his future in the Trump administration following the Republicans’ midterm defeat, although the State Department has denied he is considering resigning. A departure could also shape the race to succeed Trump in 2028. #Moneyweb #Rubio ow.ly/Nvwt5104n1o

The SAHRC is taking the City of Cape Town to court over the auction of 49 municipal properties, arguing the sales failed to adequately consider affordable and social housing needs. Mayor Geordin Hill-Lewis will oppose the application, accusing the commission of electioneering. #Moneyweb #CapeTown ow.ly/2Typ5104mZo

Fita is challenging research funded by BATSA that found below-tax cigarettes in nearly 75% of outlets surveyed, arguing this does not prove that three-quarters of cigarettes smoked in SA are illicit. The dispute highlights the difficulty of measuring the scale of the illegal tobacco trade. #Moneyweb #IllicitCigarettes ow.ly/OT625104mYU