| In
this Edition . . . . |
| Labour,
capital and productivity: Important growth determinants |
Through
the looking glass - SA in H2 2010 |
 Debilitating
strikes have crippled many sectors of the South African economy
in recent months. One of the most severe was the strike by
more than a million government workers which lasted for more
than three weeks during August and September 2010 . . .
click here |
 Though
a slight downgrade, we still think 3.0% growth is possible
for the South African economy in 2010. With inflation printing
consistently below-consensus and the recent 50bp rate cut,
we think the environment for a consumer recovery is even stronger.
Handing over to fiscal policy in Q4 10, we expect a prudent
Budget with an eye on unemployment and a sustainable growth
path. . . . click here |
| Developments
@ SAIFM |
Dividend-focused funds find
favour again |
 The
long-awaited new JSE Derivatives Compliance Exam comes into
effect in October 2010. The requirement in terms of the Rules
and Directives of the JSE is that any person who wishes to
act as a compliance officer for the Derivative Securities,
Agricultural Derivatives and Foreign Commodity Derivatives
markets must write the JSE Derivatives Compliance Officer
Exam. . . . click here
|
Notwithstanding
many companies halting dividends in the last couple of years,
dividend-focused investing still paid off for many investors
during the financial crisis for example the sim.smartcore
managed Satrix Dividend Plus fund . . . . click
here |
| An
overview of the JSE’s Currency Derivatives Contracts
|
BlockX - The JSE's
answer to large trade anonymity |
 The
JSE’s Equity Derivatives market has introduced the Maker
Taker model of transaction charges in a billing model change
designed to give liquidity providers an incentive to trade.
. . . click here
|
 (JSE)
has introduced on-exchange anonymous trading functionality
to limit the market impact costs related to large transactions.
Dubbed BlockX. .
. . click here
|
| Strate
offers unlisted companies a new dimension
|
The Role of Juristic
Persons in Islamic Finance |
Strate
is now offering unlisted companies a facility whereby they
are now able to dematerialise, clear and settle shares. .
. . click here
|
The
mechanism of business funding under an Islamic financial system
is rooted in the concept of a partnership that forms the basis
of two types of funding transactions. . . . click
here
|
| Banks
proprietary trading: considering the impact of the Volcker
rule |
|
 The
Dodd-Frank Wall Street Reform and Consumer Protection Act
(Dodd-Frank Act) represents the most important overhaul of
the U.S. financial system and its supervision since the Great
Depression of the 1930s. . . . click
here
|
South
Africa has been at the forefront of international development
of corporate governance principles through the various King
Codes of Corporate Governance, the latest of which is King
III, published in 2009. . . . click
here |
Foreign Tax Compliance
Act (FATCA)
|
STRATE Supervision
Conference |
 FATCA,
the Foreign (Non-US) Account Tax Compliance Act in the US
attemps to initiate a worldwide exchange of information on
US persons aimed at curbing the use of non-US entities by
US individuals to evade US taxes. . . . click
here
|
STRATE Supervision is pleased
to be hosting its first Supervision Conference that will includes
topics such as International financial reforms in response
to the global financial crisis, Guidelines and principles
of Securities Regulation and Financial Stability, The compliance
function and King 3, South Africa in a changing regulatory
world and Education and training in the financial market .
. . . click here |
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database of over 10 000 persons, most of whom are financial
market participants. The magazine appears every 6 months,
which means that your advertisement will remain online for
6 months. To advertise, please contact Christie at christie@saifm.co.za
or phone at (011) 802 4768. |
