DailySun
Two-pot retirement framework: A pivotal change for SA pension funds
The long-anticipated two-pot framework was introduced in September, leading many South Africans to eagerly withdraw and utilize their funds. Prior to its implementation, I spoke with Caroline Naylor-Renn, COO of 10X Investments, regarding its mechanics. We also delved into its impact on retirement savings and whether it shows potential for the future.
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You can also listen to this podcast on iono.fm here.
Summers takes decisive actions at Pick n Pay
The year began with lackluster results for Pick n Pay, and in February, newly appointed CEO Sean Summers revealed plans to list Boxer by the end of the year. During this period, I discussed the concerning results with Faheema Adia from Momentum Securities, where we also evaluated Boxer’s business model and its potential market valuation.
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You can also listen to this podcast on iono.fm here.
Transaction Capital’s unbundling encounters obstacles
This year has presented challenges for Transaction Capital, but the unbundling of WeBuyCars brought some respite to its shareholders. Not long after the listing, I had a conversation with Jimmy Moyaha as shares faced difficulties, probing the potential value of WeBuyCars. He was optimistic at the time, and the stock has subsequently soared.
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You can also listen to this podcast on iono.fm here.
Utilizing Section 18A of the tax legislation
In South Africa, donations tax waives the first R100,000. Nonetheless, Section 18A of the tax legislation enables a 10% deduction on donations made to registered public benefit organizations. I had a discussion with Neill Hobbs from Hobbs Sinclair Advisory about the details and how taxpayers can avail themselves of this deduction.
You can also listen to this podcast on iono.fm here.
What is the future of the rand against the dollar?
This year, the rand has shown fluctuations, but in general, it has seen only slight weakening. I discussed the rand’s targets with Petri Redelinghuys from Herenya Capital Advisors. He indicated that R16.82/$ is a possibility, but it’s crucial to keep an eye on the US$ Index (DXY), as many rand movements are linked to dollar fluctuations.
You can also listen to this podcast on iono.fm here.
