As a central knowledge portal to the retirement and related industries, EBnet publishes a range of daily articles submitted by a range of industry organisations, experts and contributors. Readers can also comment on and contribute to articles.
2020 – the year that forced history to sit up and reckon with itself. For those entering the world of work, the word “pension” or “retirement” may sound far off. Given that you have until 2060 (at the very least) to reflect upon its importance, is it really a debate for “today”? If we are living twice as long, it is fair to assume that healthcare costs increase. If population growth increases faster than death rates, it is safe to assume that a greater societal and environmen
Many are calling on South Africa’s government to use its coronavirus economic-stimulus package to boost renewable-energy rollout in South Africa. However, leading energy experts say that in order to accelerate its renewable-energy targets, the country needs political will and policy to boost private-sector confidence and investment.
Ten years from now, Eskom will have to begin retiring most of its ageing coal-fired power stations. South Africa’s Department of Energy’s 2019
The South African Reserve Bank (Sarb) Monetary Policy Committee (MPC) reduced interest rates by 25 basis points to 3.5% at the scheduled July 2020 interest rate-setting meeting on benign inflation and fragile growth. This matched the view of 13 out of the 28 analysts surveyed by Reuters (including Momentum Investments’ view) and was similar to the view expressed by the forward-rate agreement (FRA) market. Please see below highlights from the document prepared by the Momentum
Another month has passed, and it is time for us to step back and get some perspective Covid Things are starting to get real on this front. The negatives As the disease has progressed, many of our friends and family getting ill and, in some instances, dying. I was really rattled by some deaths that were close to home this month. We have rocketed up the Covid infection table and now have the 5th highest number of Covid infections in the world Alcohol has been banned again The
How can South Africans reignite their financial futures and protect their financial foundations?
The explosion of unemployment, loss of income and jobs, the collapse of organisations and the shaking foundations of the economy have placed South Africans and their savings under immense and unexpected pressure. Many find themselves in a very tight financial spot. More are wondering how they can use the lessons learned from this situation to mitigate the fall out should somethi
The coronavirus pandemic has demonstrated how unpredictable life is. With July being National Savings Month, Noluyolo Betela, client relationship manager at Allan Gray, discusses how you can build emergency savings so that you can respond to life’s crises without compromising your financial standing or taking on expensive debt. Many investors fail to plan for unforeseen events, such as fender benders, job losses, geysers bursting and medical emergencies – or even pandemics. “
Two weeks into the original lockdown in mid April 2020 I wrote a short piece entitled ‘Flatten the Curve - But Mind The Gap’. My core argument was that while we needed to be very aware of the medical imperatives, we had to balance that with the reality of the economy as well. Three months later and my worst fears appear to have been realised as we face a possible decline in GDP of more than 10%, while initial figures show 3 million people may have lost their jobs and many bus
Even if you’re back at the office now, online meetings are here to stay. You don’t have to look far to find advice about video conference etiquette – but what about how to ensure you’re heard? Effective communication, you see, isn’t about just our words. When we speak, our communication has three basic components: the verbal, the non-verbal, and the paraverbal. Verbal communication includes the content of what we’re saying, and that includes the words we choose. Non-verbal co