IOL Podcasts
By IOL Podcasts
IOL PodcastsNov 29, 2022
Personal Finance with Ruan Jooste: The two-pot pension system
Last week National Treasury announced that it was postponing the the implementation of the proposed two-pot pension fund system by a year, following public consultations in September regarding the proposed system. Initiation is now set for 1 March 2025.
It makes sense as the final legislation has yet to be issued, and parliamentary approval is still required before the industry will have total certainty of what it all entails. And industry players who Personal Finance spoke with on this very podcast in the past, have said that there was no way they would be ready for implementation by March next year.
There is an extensive legislative process which still needs to unfold. The revised Revenue Laws Amendment Bill and amendments to the Pension Funds Act were only issued in June this year and pension fund players are still awaiting a final response document from Treasury before it can further clarify matters raised as part of industry submissions and through the parliamentary process.
Final legislation may only be available in early 2024, and much more engagement between industry and the Treasury, the Financial Sector Conduct Authority (FSCA), and the South African Revenue Service (SARS) are still required bodies throughout the process.
Personal Finance with Ruan Jooste: Predicting investment risk
Predicting investment risk is challenging for a plethora of reasons, including the complexity of markets, the uncertainty factor, and of course basic human behaviour, As many industry experts and personal finance posts have professed, it is important to acknowledge that risk in the financial markets can never be completely eliminated.
Given these challenges, investors may employ various strategies to mitigate risk, such as di-ver-si-fi-cation and stress testing, but it is important to remember that these tools can only help manage risk and predicting investment risk with complete certainty will always remain elusive.
My guest today is Dr Adrian Saville, who I’ve begged to be on my show for many months, and he finally agreed to do so. Saville is a
Investment Specialist at Genera Capital, a family office outfit and professor in Economics, Finance, and Strategy at Gibs Boundless World. He also recently presented at the Fiduciary Institute of Southern Africa (or Fisa for short) annual conference on the foundations of Investment success. He said and I quote: 'Returns follow risk. Full Stop." And that is what we will be talking about today. The Building blocks required to build a wall of defence against risk.
Personal Finance with Ruan Jooste: Girl Math
If you’ve never heard of the term Girl Math, neither have I until recently. It is a social media trend where young women (and Generation Z in particular) justify how they spend their money, especially on non-essentials.
The latest discourse to hit social media revolves around spending, consumerism and economics, both real and imagined. In some videos I saw, young women describe the logical manoeuvres that allow them to justify spending money on luxuries ranging from Botox to Beyonce tickets.
In the world of "girl math," cash is not real money, buying on sale is a form of saving and cosmetic procedure is an "investment in your future self."
"If I pay for something in cash, it feels like I got it for free," one TikToker explained. Another example she shared? If she cancelled a manicure appointment, she now has that money to spend. Look this is the first time I’ve ever watched a Tik-Tok video and I’m a Boomer so I actually have no idea what these young girls are on about, but much of Personal Finance listeners are of the younger variety and it is important for us to cater to their needs.
So I got an expert to come and explain it all to me, and unpack the value proposition this trend holds for the fearless females of the future.
My guest today is Farzana Botha, a Segment Manager at Sanlam Risk & Savings. She has 17 years of industry experience and is currently working on her Honours in Integrated Organisational Communications through UNISA to add to her intellectual arsenal.
Personal Finance with Ruan Jooste: The SA tax system
There is very little which is not taxed in South Africa, from sales to sins, even savings.
As a matter of fact, the South African tax system is structured in such a way that it actually punishes investments and income generation. The more wealth you create, the more taxes you have to pay.
Incentives are also few and far between, are not being adjusted for inflation, and benefits are stingy at best. The downgraded medical aid contribution and scrapped income protection deductions are a case in point.
In fact, policymakers have become pretty hostile towards capital creation by subjecting it to a range of taxes, intermediary costs and regulatory charges. And the numbers show it. South Africa's Household Saving Ratio is at an all-time low of -0.5%. So on average South African residents save less than nothing. That is an alarming rate.
It is for that reason, that we invited Ettiene Retief to be our guest today, because it is clear to me that individual investors might not be aware of what taxes are payable when you buy into or sell out of an investment.
Ettiene is a Tax Specialist, with more than 23 years’ experience in anything that goes with it. He is also the chairman of the National Tax and SARS Stakeholder Committee of the South African Institute of Professional Accountants (or SAIPA for short) and Centre of Tax Excellence. So he is well-placed to provide clear and practical insights for our listeners on how individual investors can make smart tax-informed decisions for their investment portfolios
Personal Finance with Ruan Jooste: The technicalities of tax and trusts
At last week’s South African Institute of Taxation Tax Indaba, trusts were on the agenda again. And the South African Revenue Service (Sars) new measures of ensuring trusts are run as separate entities (such as companies) on a real-time basis and not on an ad hoc basis in an attempt to prove compliance, was very much part of the conversation.
Phia van der Spuy, our regular Trust-to-Trust columnist in Business Report, and the monthly Trustworthy opinion piece writer for our Saturday feature in Independent on a Saturday, Weekend Argus and Saturday Star, is our guest today. She led a panel on this very topic at the Indaba and she is going help us layman get into the nitty gritty of this important part of trusts play in financial and estate planning and the huge element of tax that goes with it.
Phia is a chartered accountant with a Master’s degree in tax and a registered fiduciary practitioner as well as, a chartered tax adviser and a trust and estate practitioner
Personal Finance with Ruan Jooste: Wills Week: How your marriage arrangement impacts estate planning
It is National Wills Week, the annual national awareness campaign championed by the law society, that looks into one very important part of estate planning - having a will.
By making a will you ensure that your assets are disposed of in accordance with your wishes after your death. This privilege is called “freedom of testation”.
But today I want to explore some of the more technical aspects of not having a valid will when you die.
If you die without leaving a valid will, your assets will be distributed according to the provisions of the Intestate Succession Act. The provisions of this Act are generally fair and ensure that your possessions are transferred to your spouse and children, and where applicable, to siblings, parents, and if required, then to the extended family in terms of degrees of relationships and those that were dependent on you for financial support.
I have Jocelyn Manda, Fiduciary Specialist at PPS as my guest today to go through some of the problems loved ones left behind face when a head of a household or breadwinner dies without a will.
Personal Finance with Ruan Jooste: Capitec's growth story
Welcome to the Personal Finance Podcast show with me content editor Ruan Jooste. Our show is available on all major podcast platforms including Google and Apple and Spotify to name a few. It will also be loaded on the iol.co.za platform under both the podcast and personal finance sections. This podcast might be supported by advertising.
In March, reached the 20 million clients milestone and it now owns the biggest market share compared to older banks. We have Francois Viviers, Group Executive: Marketing and Communications at Capitec in studio today to talk us through the business of banking and lessons learnt with client experiences. He has over a decade of experience in different positions at South Africa's biggest digital bank. He took over the management of the brand at the critical juncture where Capitec was established as a household name domestically, and he says he is now focused on the next phase of growth.
Personal Finance with Ruan Jooste: Debt Review - the other side of the story
I recently wrote a Rants and Cents column, on the matter stating that the process is not the be-all and end-all of becoming free of debt, as a matter of fact, it is an expensive exercise and there are a lot of chance-takers out there. I was even threatened with legal action by some of them after I reported some of their misleading and paid-for advertising on Facebook. But Wikus Olivier, the MD of CreditSmart gave me a call on the matter stating that it would very very educational if you could have a conversation on why Debt Counseling is not quick-fix and help consumers understand the process before they 'get in' into it. He also said that organisations need to start taking responsibility to avoid placing people needlessly under Debt Counseling - and agreed with him.
Personal Finance with Ruan Jooste: The ultimate guide to retirement in South Africa and two copies of the book up for grabs
Welcome to the Personal Finance Podcast show, with me content editor, Ruan Jooste. Our podcast is available on all major platforms like Apple and Google Podcasts, and Spotify to name a few. It will also be loaded on the iol.co.za platform under the Personal Finance and Podcast sections. This podcast might be supported by advertising.
I had two very special guests in studio today, former Personal Finance editor - and now self-confessed writer of books - Bruce Cameron and former FPI Financial Planner of the Year, Wouter Fourie, who is also the CEO of Ascor Independent Wealth Managers. They recently released the third edition of their book THE ULTIMATE GUIDE TO RETIREMENT IN SOUTH AFRICA, which is not an easy task. We discuss some of the themes covered in the third edition of this book and why the latest version is more important than ever.
As a special, two of our lucky listeners can win a copy of the book, compliments of the authors, if they send an email to personalfinance@inl.co.za and include the title, name of the two authors of the book in the body of the mail, and include the platform on which the podcast was listened to in the subject line. It will be on a first come first serve basis, and please don’t forget to include your delivery address.
Personal Finance with Ruan Jooste: Consumers are in the dark about credit insurance
If you’ve seen the news reports about household names in the credit industry being taken to task by the Regulator for “incorrectly selling credit insurance products, was probably the first time you heard about credit life insurance, but if you have ever purchased anything on credit, or taken out an unsecured loan, chances are, you have also bought credit insurance.
‘Credit life insurance’ is the insurance cover a consumer takes out in the event of their death, disability, terminal illness, unemployment, or another insurable risk that is likely to impair the consumer’s ability to earn an income or pay their monthly instalments under a credit agreement.
We have Avitha Nofal as my guest, and she is the senior legal advisor at the Credit Ombuds, to give Personal Finance listeners a bit more insight on credit insurance, and what the consumer's rights are in this regard.
* The Personal Finance podcast has made the shortlist for the upcoming Sanlam Financial Journalism awards in both the audio/broadcast and the consumer education categories. It is a great honour to have been nominated, and we thank all our listeners for their growing support.*
Personal Podcast Show with Ruan Jooste: The what, the why, the who, the when and the how of Gap Cover
Effective financial planning is essential whether you are in your 20s or your 80s or anything in between, and it means much more than having just a retirement annuity or saving to buy your first home.
I recently wrote in my Rants and Cents column on the rising cost of medical treatment and increasing shortfalls in health coverage, and how the proposed NHI won’t solve the problem.
Medical expenses can easily become a burden, and while you are typically young and healthy earlier in life, accidents do happen and critical illness can be diagnosed the older you get, and in both cases, it will be more likely that you will need costly medical treatment. That is where gap cover has become a vital part of a comprehensive financial planning toolset, regardless of your life stage.
I have Brian Harris, as my guest today, he is the General Manager of Operations at Turnberry Management Risk Solutions, which is a registered financial services provider that specialises in Accident and Health Insurance, Travel Insurance, and Funeral Cover. He will take us through the what, the why, the who, the when and the how of Gap Cover. .
Personal Podcast Show with Ruan Jooste: Important insights into the new two-pot pension system draft legislation
The revised 2023 Draft Revenue Laws Amendment Bill was made available for public comment last week Friday. This was a significant step forward and brings much-needed clarity to several crucial grey areas, specifically concerning seeding and accessibility within the new regulatory framework of what is commonly referred to as the two-pot pension system. We have talked about this topic on this podcast extensively in the past.
Today, I have Blessing Utete, Managing Executive of Old Mutual Corporate Consultants as my guest to give us some insight on whether the updated regulations would allow the industry to be in a better position to be ready by 1 March 2024, the date government expects the retirement funds to be prepared to implement the new laws.
Personal Podcast Show with Ruan Jooste: South Africans are looking at ways of cutting costs and financial policies, are no exception.
The research shows that Financial strains have prompted many South Africans to stop paying their risk insurance premiums and cash in their investment policies. In fact, 1Life stats reveal that in 2022, the non-payment of premiums increased by 3% each month and up to 17% in December 2022 compared to December 2021. Furthermore, Asisa statistics show that 689-888 recurring and single premium savings policies were surrendered in 2022, in South Africa. Our guest today is Brina Biggs, Senior Marketing Manager at 1Life Insurance, to talk us through how lapsed premiums and policy cancellations are putting South Africans at further risk in an already tough economy
Personal Podcast Show with Ruan Jooste: Stokvels encouraged to diversify to grow their investment portfolios
Stokvel concepts with appropriate investment models may hold the key to alleviating poverty and extending equal access to economic ownership and capital accumulation in South Africa.
Most people have been using stokvels for informal savings over the years, frequently depleting their savings around the December holidays, before spending binges during the festive season and starting over the following year. Sifiso Nkosi , Product Growth Head of FNB Cash Investments tells Personal Finance how instead of withdrawing all funds for short-term goals, experts believe that stokvels should consider diversifying their portfolios using a wide variety of investment vehicles that can yield returns that surpass inflation.
Personal Podcast Show with Ruan Jooste: You can now purchase a property, just like you do a car, via an instalment sale agreement.
There’s an emerging trend in home financing for irregular earners, that drew my attention this week. It's called home ownership through an instalment sale agreement. And as a former full-time freelancer and current contract worker, I know how bumpy the access road to property finance and long-term secured lending can be. But as the buzzwords like remote working, shared workspaces and part-time positions, become more common, the financial and property fraternities are surely keeping up.
I have Renier Kriek, Managing Director at Sentinel Homes, as my guest today, who will take us through this new approach to home ownership.
Personal Podcast Show with Ruan Jooste: Bestmed CEO talks medical scheme costs, contributions and compliance challenges
Welcome to the Personal Finance Podcast show with me Ruan Jooste. The Personal Finance podcast is available on all major platforms such as Google, and Apple Podcasts, and Spotify, to name a few. It will also be loaded on our website www.iol.co.za under the personal finance and podcast sections. This podcast might be supported by advertising.
Today we are talking medical aids, and experiencing my own 9% increase in contribution this past April, health coverage is no longer close to my heart but has become more of a cut-throat situation.
But according to the findings of the latest South African Customer Satisfaction Index for Medical Schemes 2022 conducted by Consulta, which provides scientific insights into the overall satisfaction of members of SA’s largest open medical schemes – Bestmed, Bonitas, Discovery and Medihelp, as well as Gems, a closed medical aid, AFTER losing ground during the Covid years, LOCAL medical schemes are starting to bounce back for the first time since 2019, as there has been an increase in perceived value by members over the last 12 months
Consulta polled 3,950 medical scheme members during the third and fourth quarter of 2022 and Bestmed emerged as the leader in overall customer satisfaction for the third year running, with all other schemes performing on, or below industry par in the 2022 index.
I have Leo Dlamini, CEO of Bestmed as my guest today to provide some insight into the research and to give us the lowdown on the challenges faced by the industry today.
Personal Podcast Show with Ruan Jooste: Business rescue vs liquidation. What is the best option for a company in distress?
When your registered company is in financial difficulty, whether due to load-shedding woes, mismanaged funds, outstanding debts or even just due to a tough economy, there are two legal options available to either wind up your commercial affairs in liquidation, or try to rise back from the ashes with business rescue proceedings.
To put it plainly, a successful business rescue aims to restore the business to trading successfully, whilst liquidation results in the managed demise of the business.
My guest today is Peter Veldhuizen, MD of Gillan & Veldhuizen Inc. , who will take us through these two options when you suddenly find your company commercially insolvent.
Raging Bulls Awards sponsor talks global investment trends and offshore investment opportunities
It has been a month since the Raging Bull Awards gala dinner was held at the Pigalle Restaurant in Green Point Cape Town, and as a final reflection before we start planning next year’s event, we are speaking to Melville Douglas, the boutique investment management company within the Standard Bank Group, and a major sponsor of the awards, on global investment trends and offshore investment opportunities…… as well as talk about the importance of diversification in a retail investment portfolio. Melville Douglas was crowned the offshore manager of the year at the 2022 Raging Bull Awards.
The awards ceremony is hosted annually by Personal Finance in partnership with PlexCrown Fund Ratings and recognises top performance in the unit trust industry, which has grown exponentially since its launch in 1997.
We have Derinia Mathura, Melville Douglas Global Equity Fund Manager and Analyst, as my guest today. Derinia has over 15 years of experience in global equities research having been on both the sell and buy-side
Personal Podcast Show with Ruan Jooste: How private debt has become a lucrative investment alternative
It is our Pension Plain episode for March, the monthly feature where we talk about everything retirement-related, whether product, platform or policy. Today’s discussion is on Private debt and how it remains a growing part of pension plan portfolios, it is actually the fastest-growing asset class in the world.
To talk us through private debt as an asset class, and the potential it holds for local institutional and retail investors, we have Dino Zuccollo, head of product development and distribution at Westbrooke Alternative Asset Management , to help examine the approaches to private debt investments that can be considered by mandated money managers.
The primary objective is to review the status quo and understand opportunities and challenges in enabling the region’s investor capital to benefit from the returns and diversification options presented by the asset class.
Personal Podcast Show with Ruan Jooste: Raging Bull Awards Special with PSG Asset Management CEO Anet Ahern
Personal Podcast Show with Ruan Jooste: Raging Bull Awards Special with PSG Asset Management CEO Anet Ahern.
Personal Finance Podcast with Ruan Jooste - Interview with Palesa Dube -Financial Planner of the year 2022/23
Welcome to this special edition of the Personal Finance Podcast show with me Content Editor Ruan Jooste. Today we speak with Palesa Dube, a Certified Financial Planner and director of advisory practice Wealth Creed in Sandton, who has been crowned by the Financial Planning Institute (FPI) as its Financial Planner of the Year for 2022/23. She received her award at the FPI’s annual gala dinner at Fourways late last year.
Personal Finance Podcast with Ruan Jooste- Private equity fund give investors SARS-approved tax breaks for investing in clean energy
Welcome To the Personal Finance’s Podcast show with Content Editor Ruan Jooste. This is your Tax Talk episode for the month of february, where we cover all things tax, returns andred tape.
Today we are joined by Jeff Miller, CEO of Grovest and the new Twelve B Green Energy Fund to discuss how South Africans can now get tax break for investing in renewable energy, with the launch of the asset managers Private equity fund, to replace the R12 billion Section 12J tax incentive currently under management.
Personal Finance Podcast with Ruan Jooste- Protecting your home When an Unforeseen Disaster Strikes
Welcome To Personal Finance’s Podcast show with Content Editor Ruan Jooste. Today we are speaking to Andrew Kruger - Head of Business Analysis at BetterSure Financial Consultants, how how consumers can Be better Protected When an Unforeseen Disaster Strikes
and Ensure to Insure the Full Replacement Value of Your Home
If you own a home it is crucial that you understand the various aspects involving this type of insurance since it protects your valuable asset when unexpected events happen like the 2022 floods in Kwazulu-Natal and the recent gas tanker explosion in Boksburg.
If you have homeowners insurance, or you’re in the process of applying for it, you may have come across the term ‘replacement value’. And you may be wondering what it is and why it’s important. Let’s take a closer look.
Personal Finance Podcast with Ruan Jooste- Pension Plain- Inflation and Retirement
Welcome To the Personal Finance Podcast show with me Content Editor Ruan Jooste. This is the Pension Plain episode for the month of February, where we talk retirement everything, everyone, everywhere.
Today we have Meeta Gosai, Head of Income Solutions at Momentum Corporate as my guest, to discuss what the increase of inflation mean for members of retirement funds? And to explain that it’s essential to understand the impact of inflation on your annuity income.
Personal Finance Podcast with Ruan Jooste- Raging Bulls 2023
Welcome To the Personal Finance’s Podcast show with me Content Editor Ruan Jooste. It is our first show for the year and a special one at that.
Firstly, because I have my colleague and Editor Martin Hesse as my special guest today, which is the first time he has agreed to join me on our rather new podcast venture, which was launched in September last year, and secondly because we will be discussing Personal Finance’s flagship annual event the Raging Bull Awards, that will be returning to its former glory at the end of February.
Personal Finance Podcast with Ruan Jooste- Financial Planning: Asset managers vs investment platforms
Welcome To the Personal Finance Podcast show with me Content Editor Ruan Jooste. This is our monthly financial planning episode for the month of January , and we are unpacking the differenceS between investment platforms and asset manageNT.
I have Rainier van der Nest in studio as my guest and he is A business development manager at Glacier by Sanlam.
Personal Finance Podcast with Ruan Jooste- Pension Plain- Curatorship vs Statutory Management
Welcome To the Personal Finance’s Podcast show with me Content Editor Ruan Jooste. This is our January Pension Plain episode and the first for the year, where we cover retirement everything, everyone, and everywhere.
Last year we covered Pension Fund reform, and the tax implications thereof, and spoke to the Pension fund Adjudicator on her office’s annual report, and today we will be talking about pension funds in distress, and the two methods - curatorships and statutory management - available to the pension fund regulator - the Financial Sector Conduct Authority or FSCA for short to get such retirement schemes back on their feet.
Personal Finance Podcast with Ruan Jooste- Pension Plain - December
Welcome to the Personal Finance Podcast show, where we show that money matters. I am your host, Content Editor Ruan Jooste and this is your monthly Pension Plain episode for December, and our last show for 2022.
Today we are joined by David Hurford, CEO of Fairheads benefit services, an independent administrator and service provider to the retirement and fiduciary industries across the country.
David is here to take us through the meaning and importance of Beneficiary funds and how they impact our everyday lives. There is also an interesting history behind it.
Personal Finance Podcast with Ruan Jooste- Financial Planning - December
Welcome to the Personal Finance Podcast show, where we show that money matters. I am your Host, Content Editor Ruan Jooste and this is your monthly Financial Planning episode. Today we are joined by a special guest, Kiru Padayachee, Business manager at Glacier by Sanlam, a wealth creation and preservation
platform, and Kiru is here to help talk us through some of the investment opportunities for people in their 60’s.
Personal Finance Podcast with Ruan Jooste- Tax Talk - December
Welcome To Personal Finance’s Podcast show with Content Editor Ruan Jooste.
This is our Tax Talk episode for December, the monthly feature where we talk about everything tax, laws, and red tape. In this episode, we cover the recent ban on scrap metals and copper waste exports, and how it will affect crime, small businesses, and informal collectors.
We are joined by the Founder and CEO of XA Global Trade Advisors, Donald Mackay to break down the facts and Tax implications of this ban.
If you have any questions or remarks on what was discussed today or what you want to hear in the future please email me at ruan.jooste@inl.co.za or pop me a message via our Personal Finance Twitter, Facebook, or LinkedIn pages profiles.
Richards Bay Industrial Development Zone (RBIDZ) oversight inspection
The Richards Bay Industrial Development Zone (RBIDZ) is KZN's Special Economic Zone for sustainable quality investments, world-class industrial infrastructure and attracting local and foreign investors. Recently, as part of commemorating his 100 days in office and beyond, RBIDZ hosted leader of government business and MEC for Economic Development, Tourism and Environmental Affairs (EDTEA), Siboniso Duma for an oversight inspection
Personal Finance Podcast with Ruan Jooste- Pension Plain- November
Welcome To the Personal Finance’s Podcast show with me Content Editor Ruan Jooste. This is our Pension Plain episode for the month of November, where we cover retirement everything, everyone, and everywhere. This week the 14th annual Mercer CFA Institute Global Pension Index - MCGPI - for short was released, which is a comprehensive study of 44 global pension systems, accounting for 65 percent of the world’s population.
The benchmark rates retirement income systems around the world, highlighting some shortcomings in each system, and suggests possible areas of reform that would help provide more adequate and sustainable retirement benefits.
My guest today is Belinda Sullivan, head of corporate consulting strategy at Alexforbes, and Mercer’s strategic partner in Africa.
Find this podcast on IOL HERE
Personal Finance Podcast with Ruan Jooste - Financial Planning - November
Welcome To the Personal Finance Podcast show with me Content Editor Ruan Jooste. This is our monthly financial planning episode, and we are talking about Education. We all understand the value of a good education, and that we want to provide our children - or even ourselves - with the best possible skills for the future. But with the rising cost of secondary and tertiary education, which can include everything from school fees to textbooks, will keep anyone up at night.
Today, I have Liberty financial advisor, Maxine Muller as my guest, who has been with the company since 2017, with a focus on risk and estate planning. Welcome Maxine.
Personal Finance Podcast with Ruan Jooste - Tax Month-Ep4
Welcome to the Personal Finance Podcast show with me content editor - Ruan Jooste. This is our final episode of the 4-part tax series, during the month of October and November, in collaboration with the South African Institute of Taxation, or Sait for short. Today we talk about the impact of auto-assessment on the filing of individual tax returns.
My usual guest is Keith Engel, CEO of Sait and founder and owner of Tax Maverck, Andre Bothma. Andre has over 12 years of experience in the tax and accounting industry with a keen focus on consulting and tax planning. He has over 33k followers across various social media platforms where he educates ordinary South Africans on their taxes.
Find this podcast on IOL HERE
Personal Finance Podcast with Ruan Jooste - Tax Month-Ep3
Welcome to the Personal Finance Podcast show with me content editor - Ruan Jooste. This is the third episode of our 4-part series, during the month of October, in collaboration with the South African Institute of Taxation, or Sait for short. Governments around the world are using sustainability tax measures to reduce emissions, meet their commitments on carbon neutrality and tackle climate change, as well as to raise revenue and fund important policy objectives. While these goals are shared, the policies established to achieve them vary greatly.
Find this podcast on IOL HERE
Personal Finance Podcast with Ruan Jooste - Tax Month-Ep2
In our second instalment of our four episode Tax Month series, in collaboration with the South African Institute of Tax Practitioners, or SAIT for short, we will be unpacking Research and Development Incentives - or R&D as the bean counters refer to it .
Personal Finance Podcast with Ruan Jooste- Pension Plain- October
Welcome To the Personal Finance’s Podcast show with me, Content Editor Ruan Jooste. This is our Pension Plain episode for the month of October, where we cover pension everything, everyone, and everywhere.
The financial services dispute resolution landscape is being radically reshaped to ensure a consistent framework across the financial services sector whilst providing for quick and cost-efficient review of an aggrieved party’s grievance.
Along with the proposed amendments is a name change for the Office of the Pension Funds Adjudicator (OPFA) which will be renamed the “Retirement Funds Ombud” and for the Pension Funds Act to be called the “Retirement Funds Act”.
Today we had Muvhango Lukhaimane, the South African Pension Fund Adjudicator, in the studio who talked us through the release of her annual report this week, as well as the extensive regulatory reform in financial services over the last five years. But first we spoke about the significant role her office plays in protecting the interests of every single member of a retirement fund in the country, whether active contributor or pension recipient.
Muvhango Lukhaimane commenced her responsibilities as Deputy Pension Funds Adjudicator on 1 June 2012 and was appointed Pension Funds Adjudicator on 1 July 2013.
Find this podcast on IOL HERE
AFRICAN TALK: Episode 2 - Black Wednesday and media freedom in South Africa
In this first episode of African Talk, host Shifaan Ryklief speaks to liberation struggle war veteran and former member of the Pan African Parliament, Pandelani Nefolovhodwe; political analyst Kim Heller and a former journalist and corporate strategist, Oupa Ngwenya. We take a closer look at media freedom in South Africa and dive into what unfolded in 1977 when certain publications were banned.
Personal Finance Podcast with Ruan Jooste - Tax Month -Ep1
Welcome to the Personal Finance Podcast show with me content editor - Ruan Jooste. This is the first episode of a 4-part series, during the month of October, in collaboration with the South African Institute of Taxation, or Sait for short, which we famously dubbed Tax Month, as we will not only see the Medium-Term Budget Review be presented in parliament on the 26th, but also have various Tax amendments enacted, as announced in February Budget. There are also a variety of tax changes that have been implemented recently, especially in line with retirement reform, one being the streamlining of pension and provident funds from a tax perspective.
Find this podcast on IOL HERE
Personal Finance Podcast with Ruan Jooste - Financial Planning (FISA) - October
Welcome To Personal Finance’s Podcast show with Content Editor Ruan Jooste. It is the Financial Planning episode for the month of October, and we are discussing delays in winding up deceased estates, especially in lieu of the long delays at the Master of the High Court in South Africa at the moment.
Find this podcast on IOL HERE
AFRICAN TALK: Episode 1 - Combating the hunger crisis in South Africa
In this first episode of African Talk, host Chad Williams speaks to Clement Summerton from Operation Hunger South Africa who explains the causes of hunger in South Africa and the steps the NGO has taken to combat the crisis.
Personal Finance Podcast with Ruan Jooste- Tax Talk: Vat Refunds - October
A key feature of the invoice-credit form of value-added tax, in short referred to as VAT is that some businesses will pay more tax on their purchases than is due on their sales, and so can seek refunds of excess credits from the South African Revenue Service - but while e refunding is straightforward in principle, serious problems arise in practice, including opportunities for fraud and corruption, and denial of refunds by the fiscus during cash shortages.
Find this podcast on IOL HERE
Personal Finance Podcast with Ruan Jooste - Pension Plain - September
In our third episode, since our launch at the beginning of September, we discuss pensions, whether product, policy or platform, and which we here at Personal Finance officially dubbed the Pension Plain episode, where we break down all the retirement reforms, paperwork forms, and red tape rig-ma-roll into digestible portions for the average joe, the man on the street and the layman like myself.
Find this podcast on IOL HERE
Personal Finance Podcast with Ruan Jooste - Financial Planning - September
In this episode your host, Ruan Jooste talks about when, how and why money matters and all the details that go along with setting up your will.
Find this Podcast on IOL HERE
Personal Finance Podcast with Ruan Jooste - Tax Talk - September
Tax Talk with Ruan Jooste is a monthly podcast that tax about tax, laws and all the red tape. This show is proudly brought to you by IOL Personal Finance.
Find the Podcast on IOL HERE
16 Day of Activism: End domestic silence with POWA and #DonateYourVoice
More resources are needed to support gender-based violence survivors as the Covid-19 pandemic shrunk the pool of available resources, People Opposing Women Abuse (POWA) said.
POWA is calling on survivors from across the country to #DonateYourVoice and tell their individual stories of survival, to demystify the faces and voices behind the statistics. POWA, in partnership with JOKO are once again marking the annual 16 Days of Activism for No Violence Against Women and Children by tackling the issue at its heart. Together, survivors who use their voice for change, can break the shame cycle of suffering alone and inspire a nation into action that makes a difference.
SAIPA podcast
The impact of technology in the accountancy profession. - BizTech Talks, Wesley Diphoko hosted a discussion with South African Institute of Professional Accountants senior members, Faith Ngwenya - SAIPA Executive Technical & Standards and Prof Small who heads up SAIPAs Centre of Future Excellence.
PODCAST: Why and how to volunteer during a pandemic
Mandela Day is upon us, and for most South Africans, that means it’s time to dedicate a day or 67 minutes to helping others.
PODCAST: The swing to alternative investments
In the fourth in a series of four podcasts on investing, in partnership with Alexander Forbes Investments, the company's head of alternative investments, David Moore, chats to Martin Hesse about this class of investments.
PODCAST: ESG investing gains momentum
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