The month of September normally brings with it a sense of joy, a new beginning and renewed optimism, but in 2019 it was quite the opposite.  Last week marked one of the most challenging and emotional weeks South Africans had to endure in a long time, with xenophobic attacks and violence against women and children

Guide to Offshore Investments

Tuesday, 10 September 2019 by

Investing is a Tug of War between Fear and Greed. With the local economy weak, local political uncertainty and the Rand going above R 15 to the Dollar everyone is looking to offshore investments for the answer. It is important to take emotions out of Investments. That is why you should have a long term

How will NHI impact you?

Monday, 09 September 2019 by

Parliament introduced the National Health Insurance (NHI) Bill a few weeks ago. What does that mean for taxpayers and what does that mean for members of Medical Schemes? The NHI bill seeks to offer top quality healthcare to all members of society. NHI will be government funded which means tax-payer funded and it is estimated

The Monetary Policy Committee (MPC) of the South African Reserve Bank unanimously voted to cut interest rates in July. This will reduce the repo rate by 0.25% to 6.5%. The repo rate is the rate at which banks borrow from the Reserve Bank. The decision by the Reserve Bank to reduce the repo rate will

Verskillende studies plaaslik sowel as internasionaal het bevind dat huishoudings/families wat gebruik maak van finansiële adviseurs se dienste se persoonlike finansies beter presteer as dié daar sonder. Risiko bestuur is, in hierdie verband, een van die belangrikste bydraes wat ‘n finansiële adviseur kan maak. Met inligting wat daagliks gratis en in oorvloed beskikbaar is, word

We herewith provide you with our Memorandum of Opinion with regards to a South African citizen working abroad and the dual tax residency test in South Africa and France. THE FACTS Mr. x moved to France in June 2019 on permanent employment. Mr. x will keep his residential property in the RSA while he will

4 Enemies of Wealth Creation.

Monday, 08 July 2019 by

“You cannot defeat your enemies before you know who they are.” – Anthony Horowitz Investors generally see political-, economical factors or the under-performance of their investments as the main reason that they struggle to build their wealth. The truth is that although these factors do play a part in detracting from wealth creation, there is

The new ASISA Retirement Savings Cost (RSC) Disclosure Standard comes into effect from 1 September 2019. The Standard will require umbrella retirement funds to present all their costs in a standardised manner. Advisers and employers can now compare like for like when considering quotations from different funds. At Bovest we believe this is a very

Tydens Bovest se Ivory Manor-funksie het verskillende sprekers en vraestellers dit beklemtoon dat dit tyd gaan neem om die ekonomie in Suid Afrika te normaliseer. Die omvang van die skade wat die Zuma –regering aan ons ekonomie gedoen het, gaan nie spoedig herstel word nie. Die hoof spreker van die aand, Bonang Mohale -CEO Business


Tuesday, 28 May 2019 by

Die Internasionale politieke gebeure die afgelope 2 weke het beleggers se portefeuljes nadelig geraak a.g.v. die handelsoorlog tussen die VSA en China.     Vir die periode 1 Januarie 2019 tot 1 Mei 2019 het die Johannesburg Stock Exchange (JSE) met 14.2% (of 7264 punte) gestyg en beleggers het gewonder watter gebeure die groei tendens