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Food for Thought

Manufacturing sales hit new record in 2023
South Africa’s manufacturing sector ended 2023 on a high note, with the 4th quarter recording a sales figure of R876 billion,...
Dr. Roelof Botha
Feb 15, 20242 min read
18

Foreign direct investment in good nick
Over the 12 months ended September 2023, gross foreign direct investment (FDI) inflows on the South African balance of payments achieved...
Dr. Roelof Botha
Feb 8, 20242 min read
16

LEGAL NOTE | Section 37C Extent of Dependency
THE FINANCIAL SERVICES TRIBUNAL (FST) : In the matter between: Fakazile Anna Khwela, the applicant and Toyota SA Provident Fund; NBC...
Anu Ananmalay
Feb 5, 20245 min read
41

Stellar tourism growth in 2023
South Africa’s tourism industry is well on its way to a full recovery, with the number of overseas travellers in 2023 breaching the...
Dr. Roelof Botha
Feb 1, 20242 min read
14

Inflation firmly under control again
Following a consistent and fairly sharp downward trend in the consumer price index (CPI) since the third quarter of 2023, the pace of...
Dr. Roelof Botha
Jan 25, 20242 min read
22

Take advantage of your Retirement Annuity tax incentives
With February around the corner and tax year end draws near, we want to remind you of the benefit of using your entire annual tax...
Ankia Nel
Jan 25, 20241 min read
48

Bright start to the New Year
Despite being greeted by a return to electricity rationing, January has witnessed a number of positive trends in key economic data sets,...
Dr. Roelof Botha
Jan 18, 20242 min read
18

LEGAL NOTE | January 2024 Composition of the Board - Number of Trustees on the Board – Rules – FSCA Approval – Textile open provident fund
Summary :Â Â Financial Services Tribunal (FST) application for reconsideration of a decision of the FSCA where the FSCA declined to...
Anu Ananmalay
Jan 11, 20244 min read
34


Living Wills in South Africa
In South Africa, living wills, also known as advance directives or personal directives, are not currently recognized as legally...
Ankia Nel
Jan 9, 20242 min read
63

Construction activity returns to growth mode
Despite disappointing 3rd quarter GDP data, South Africa’s construction sector seems to have turned the corner and is heading for...
Dr. Roelof Botha
Dec 7, 20232 min read
8

Wholesale sector remains vibrant
Despite a slight speed wobble during September, South Africa’s wholesale sector is bound to break sales records during the last quarter...
Dr. Roelof Botha
Nov 30, 20231 min read
13

Inflation - The worst may be over
This week’s release of the October consumer price index (CPI) brought some bad news, with the annualised rate of consumer inflation...
Dr. Roelof Botha
Nov 23, 20232 min read
16

Strong growth in vehicle exports
South Africa’s motor vehicle industry is going from strength to strength, especially regarding its significant contribution to foreign...
Dr. Roelof Botha
Nov 9, 20232 min read
15

Fiscal position remains on even keel
Now that all the speculation over the annual mini-budget has been replaced by the hard facts of South Africa’s public finances, it seems...
Dr. Roelof Botha
Nov 2, 20232 min read
13

LEGAL NOTE | November 2023 - Postponement of the two pot system to 2025
National Treasury and SARS provided feedback on 25 October 2023 at the Standing Committee on Finance as part of the parliamentary process...
Anu Ananmalay
Nov 2, 20233 min read
1,229

Inflation remains within SARB’s target range
Although inflation, as measured by the consumer price index (CPI) increased marginally from 4.8% to 5.4% in September, there should be no...
Dr. Roelof Botha
Oct 19, 20232 min read
15

Exports remain robust, despite commodity price slump
Trade data for the first eight months of 2023 has revealed the pressure that South Africa’s mining sector is experiencing, with the...
Dr. Roelof Botha
Oct 12, 20232 min read
11

LEGAL NOTE | Retrospective Rule Amendments
Mudau v Municipal Employees Pension Fund and others [2023] ZACC 26. The Constitutional Court handed down judgment in the matter of Mudau...
Anu Ananmalay
Oct 6, 20234 min read
23

Welcome increase in two benchmark PMIs
In August, South Africa’s Purchasing Managers’ Index (PMI), compiled by S&P Global, rose to above the neutral level of 50 for the first...
Dr. Roelof Botha
Sep 28, 20232 min read
16

G-21 Promises Opportunities For Africa
Apart from the continued warfare in Ukraine, two of the stand-out geopolitical events in 2023 have been the broadening of the membership...
Dr. Roelof Botha
Sep 21, 20233 min read
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