Non-residents inheriting money from South African estates
Key factors for non-residents inheriting money from South African estates: tax residency, emigration, and exchange control regulations.
Key factors for non-residents inheriting money from South African estates: tax residency, emigration, and exchange control regulations.
This week the BizNews Motoring team discovered that driving ability isn’t proportionate to the amount of money in your bank account, Ford can make engines, Mazda is back and Japan may be wet this weekend.
The name of the fund is a mouthful. But that won’t put off anyone looking for exposure to global stock markets and protection against a sliding Rand. Satrix’s MSCI World Equity Index Feeder Fund mirrors the performance of global stock markets. And as a “feeder fund” it can be accessed in Rand – the same … Read more
From William Kelly* Yet again it hits me and it sticks in my craw about just how we consumers are being taken for a ride. Yes, I realise this is a world-wide problem and it is not just related to South Africa but the thread is common.I’m talking about the super companies. The super businesses … Read more
On of my early jobs in journalism was at Finance Week. My 2.5% ownership of the business was taken back when I left, but they did give me the first 12 bound editions of the publication. Over the weekend I was having a read at some of the articles I wrote for the mag in … Read more
By Mariano Andrade Argentina was in default Thursday for the second time in 13 years after the failure of last-ditch talks with US hedge funds it has branded “vultures.” After hours of meetings Wednesday in New York, Economy Minister Axel Kicillof emerged to confirm that no deal had been reached, leaving Latin America’s third largest … Read more
My first engagement with Richard van Rensburg was in the dot com heyday when he was charged by Datatec and Wooltru to run a business called Affinity Logic. That was ahead of its time, as was now Pick n Pay chairman, then joint CEO Gareth Ackerman’s drive into financial services in 1997 with Go Banking. But … Read more