New year, new resolutions! At the start of each year many of us take the time out for the important task of goal setting for the year. A general tip is remembering that our quality of life is not normally determined by knocking off one huge goal in a year; but by making steady progress on small, achievable goals over a long period of time. Our ambitions often include financial goals, given the impact the state of our finances has on our day to day living standards.
Common financial goals include things like:
- Becoming debt free;
- Improving credit score;
- Create and stick to a budget; and
All these goals are fantastic and can lead to a better life by increasing your disposable income and funds available for emergencies or goals, but we’d like to challenge you to include one other powerful financial goal this year- INVESTING!
Continue reading “Invest in 2020”
It’s been six months since the “new” management of scandal-hit Tongaat Hulett took the decision to suspend the companies listing on the exchange as well it’s secondary listing in London. The decision was taken following a huge accounting fraud discovery which has led the company to lose 57% of its value since the they first issued a cautionary SENS announcement in March, and 76% of its value over the whole year.
Continue reading “Six Month Anniversary of Tongaat Hulett’s Temporary Delisting from the JSE”
Today South African startup, InvestSure, was announced as one of the 100 InsurTech’s in the world. The startup secured its spot from over 1,000 companies that were reviewed by the FinTech Global panel, a specialist research firm. InvestSure offers the world’s first insurance product that covers shareholders and investors against allegations of mismanagement, fraud and corruption of JSE listed companies.
“We are extremely proud of this achievement and thank the panelists for the recognition. This shows the world that South Africa is a market to watch in the InsurTech industry.” said Shane Curran, co-founder of InvestSure.
Continue reading “South African startup, InvestSure, named in Top 100 InsurTech’s in the world”
“The more that you learn, the more places you’ll go”
Yesterday, two significant companies paid dividends – who are they? Continue reading “Dr. Seuss and Dividends”
Aspen Pharmacare Holdings – previously Aspen Pharmaceuticals – recently hit a 9 year low. On 14 August they were fined by the UK authorities relating to anti-competitive behavior that was first uncovered on 13 October 2017. While the fine was relatively small in the context of Aspen, around R200 million in total penalties compared to their market cap at the time of roughly R33 billion, there were other conditions imposed and external factors which caused the market to react rather strongly to the news, sending the share price down 10.3% at one point during the day. Continue reading “Unpacking: Aspen”