Author: staff
If your business is in a trust and its value grows over time, this growth is excluded from the estate duty calculation.If your small business is in a trust, it can provide business continuity and security for your family.You relinquish control of your small business by placing it in a trust.For more financial stories, go to the News24 Business front page.While asset managers have traditionally focused on the financial dimension of risk and return in investments, many consumers have long had a wider view. Consumers have long been using their buying power to protest the status quo or to affect change by not shopping…
Pieter-Steph du Toit was a towering presence for the Boks against the All Blacks, lasting the full 80 minutes in the comeback win. (Sydney Seshibedi/Gallo Images) South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we’re about to enter a new chapter of fearless journalism. Join our free subscription trial to unlock this story and a world of news aimed to inform, empower, and inspire.
Pipat Wongsawang/Getty Images An executor needs to have legal and financial knowledge and enough time for the task. The Master of the High Court must approve the executor you nominated after your death. Executors may charge a fee of up to 3.5% (excluding VAT) to finalise an estate.For more financial stories, go to the News24 Business front page.When you die, all your debts must be settled, your final taxes paid and your assets distributed according to your wishes or, if you haven’t written a will, in terms of the law of intestate succession. This process is known as the administration of your estate.The…
Xolani Xaka, murdered in a suspected hate crime (Supplied by family) South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we’re about to enter a new chapter of fearless journalism. Join our free subscription trial to unlock this story and a world of news aimed to inform, empower, and inspire.
Young people often ask financial planners why they should start investing at 30 if they have 30 years to go until their retirement age. They argue that if they start at 40, they can make things work.Unfortunately, the reality is that it may only be 10 years, but those 10 years of lost growth can often never be made up. No matter how much you intend to invest from the age of 40 onwards, you will not be able to make up for the 10 years of lost time. Often this will result in working far beyond your intended retirement…
Marc Marquez heads down a straight during the free practice for the MotoGP of Spain on 26 April 2024 in Jerez de la Frontera. (Mirco Lazzari/Getty Images) South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we’re about to enter a new chapter of fearless journalism. Join our free subscription trial to unlock this story and a world of news aimed to inform, empower, and inspire.
Poet Dr Bishop Jessica Mbangeni remembered for her memorable career (Oupa Bopape/Gallo Images via Getty Images) South African praise poet Dr Bishop Jessica Mbangeni, known as “Imbongi”, was renowned for her powerful performances at prestigious ceremonies. Mbangeni discovered her talent for praise poetry at the age of 22 but faced many rejections early in her career before joining the Soweto Gospel Choir in 2002, which allowed her to tour internationally.Mbangeni died on 31 August 2024 after a short illnes.For more lifestyle news, go to the News24 Life front page.South African praise poet Dr Bishop Jessica Mbangeni, also known as an “Imbongi”…
Deputy President Paul Mashatile (M) flanked by Police Commissioner Fannie Masemola (L) and Police Minister Senzo Mchunu, were among dignitaries gathered to honour police killed in the line of duty. (@PMashatile/X, formerly Twitter) South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we’re about to enter a new chapter of fearless journalism. Join our free subscription trial to unlock this story and a world of news aimed to inform, empower, and inspire.
Many large South African corporates have established Enterprise Development Programmes and Supplier Development Programmes.EDPs are designed to support and grow small, medium, and micro-enterprises owned by individuals from previously disadvantaged groups and provide support by way of financial assistance, mentorship, training and other resources.SDPs aim to integrate local small businesses into the supply chains of larger corporates.For more financial stories, go to the News24 Business front page.There are many important things a small and medium enterprises (SMEs) need in order to succeed beyond raising enough working capital to turn an idea into a fully fledged business, or accessing finance to fund a business’ next…
(Muntu Vilakazi/ Gallo Images / City Press) Thabiso Matladi Sikwane was a beloved radio and TV personality, known for her healing voice and loving nature.She had a successful broadcasting career, working with prominent companies and authoring a children’s book to affirm and uplift children.Sikwane and DJ Fresh, who had children together, divorced amicably in 2022 and continued to co-parent. For more lifestyle news, go to the News24 Life front page.Brave, loving, prayerful, and a voice that provided healing are some of the words used to describe her, by those closest to radio and TV personality Thabiso Matladi Sikwane.The former wife of…