Economy
GDP horror show
Unfortunately, it seems that in terms of economic data, South Africa’s 2019 film has begun in much the same vein as 2018, and could easily be classified within the “horror” genre given heightened fears that South Africa could once again enter a technical recession in the first half of the year.
Financial Services
Investigating Insurance Indemnities
The Supreme Court of Appeal (SCA) in South Africa, in Centriq Insurance Company Limited v Oosthuizen and another, was tasked with considering the correct interpretation of an exclusion of liability clause contained in a professional indemnity insurance contract.
Fintech
Opinion piece: The progression from banking to bAInking
Today’s customers demand an always-on, immediately responsive customer experience, and banks are turning to the likes of automation, robotics and Artificial Intelligence (AI) to respond to these demands.
Instruments & Investments
Are you cut out for investing in tough times?
Contrarian investors deliberately go against prevailing market trends. They buy when others are selling, and sell when others are buying.
International
African Continental Free Trade Area Agreement operational phase launched in Niger
The operational phase of the African Continental Free Trade Area agreement (AfCFTA) was officially launched at the African Union (AU) summit in Niger in early July.
Markets
JSE migrates equity and currency derivative markets to new trading and clearing technology
The Johannesburg Stock Exchange (JSE), Africa’s largest, multi-asset class stock exchange, has launched a new integrated trading and clearing solution that has seen its Equity and Currency Derivatives markets migrating to a new trading, clearing and surveillance system.
Personal Finance
What to do (and not to do) with a financial windfall
Who hasn’t dreamt of receiving a sudden cash windfall? A large lump sum that swells your bank balance overnight and makes all your money troubles disappear. Or does it?