South Africa
New investment rules to stir up South Africa offshore market
The South African treasury has upped the allowance for domestic funds to be invested internationally in a bid to prise open the offshore market, but will domestic investors be getting on board?
Panama Papers help S Africa disclosure scheme hit ZAR3.3bn
South African taxpayers have fessed up to unauthorised foreign assets and income worth ZAR3.3bn (£200m, $278m, €224m), some with links to the Panama Papers, under the country’s special voluntary disclosure programme (SVDP).
South Africa budget increases wealth tax
South Africa’s finance minister has announced an increase in estate duty from 20% to 25% for those with properties worth ZAR30m (£1.8m, $2.7m, €2.1m), a move a legal expert says will have a “significant effect” on the nation’s wealthy.
The story of a young financial planner firm in South Africa
A volatile political landscape, constant regulatory upheaval and a recent economic downgrade to junk status are just some of the many challenges an adviser must overcome when setting up a new financial planning firm in South Africa.
South African advisers win praise for high learning standards
A dedication to career-long learning and meeting ongoing qualification requirements means certified financial advisers in South Africa are being praised around the world by industry experts.