What impact will Brexit have on South Africa?

While the rand has weakened since the results of the Brexit vote were revealed, the currency’s decline is likely to be short-lived and it is expected that the currency will strengthen again in future. The current currency volatility exists because many traders and speculators did not anticipate the UK’s exit from the EU. The surprise…

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Prepare for Tax Season 2016

Tax Season 2016 is due to kick off on 1 July, meaning it is time for taxpayers to submit their returns for income earned between 1 March 2015 and 29 February 2016. Paying taxes is hardly anyone’s idea of fun, but to help you survive the dreaded annual tax season, we have summarised what you…

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Funding growth for SMMEs

  Ecsponent helps SMMEs with the right funding to grow your business For any entrepreneur, it is both liberating and empowering starting a small business, however there are undoubtedly numerous challenges that business owners face along the way. One of these is accessing the capital required to continue growing the business sustainably. To grow, SMMEs…

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Creating an investment plan (video)

Floris Slabbert, national sales manager of Ecsponent Financial Services, talks about the latest market developments and how one creates an investment plan. What happened in the markets this past week? An interesting fact – the JSE’s electronic trading system is 20 years old today and interesting to note here is that when they started 20…

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Invest for growth amid uncertainty (video)

How can we invest for growth amid times of uncertainty. A market update and advice from Floris Slabbert on Groot FM. As we predicted last week, South Africa’ credit rating was not downgraded by Standard and Poor’s- what does this mean for investors? After Friday’s announcement, the rand traded 4% higher against the US dollar,…

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