Understnding the countless ways in which economic indicators influence equity markets is paramount for informed investing. These indicators provide vital clues about the current state and future direction of the global economy and local operating conditions that can impact company profits and investor sentiment.
Interpreting these indicators requires caution and a comprehensive approach, considering the broader economic and geopolitical context.
By keeping abreast of these indicators and their implications, investors can better navigate the ever-changing world of equity markets, making more informed and potentially lucrative investment decisions.
According to Stats SA’s 2023 Migration Profile report, there has been a noticeable increase in the number of South Africans returning home in recent years.
While it is difficult to pinpoint the number of people returning, or any single factor behind the migration, what is certain for those considering repatriation is the importance of planning ahead to ensure a smooth and efficient transition—especially when it comes to optimising the tax implications of bringing money back into the country, and managing and protecting assets.
South Africa’s tax system is based on residence, which means that a South African-domiciled taxpayer (individual or corporate) will pay tax in South Africa on their world-wide income.
However, many countries around the world levy some form of taxation on income earned in the country concerned.Â
Section 6quat of the Act contains a general principle that any tax paid in a foreign country would be claimable against South African tax due, subject to certain conditions. Countries may also enter into Double Tax Agreements, which then supersede Section 6quat.
As retirement approaches, many people reduce their risk profile by shifting their pension investments to more conservative assets like bonds and money market.
However, this traditional strategy, though designed to protect against market volatility, can actually diminish the future growth potential of retirement savings.
Maintaining a higher level of risk may thereforee be the smarter choice for a longer, more prosperous retirement.
Crime is a pressing concern in South Africa, and securing your home adequately is crucial. A robust security system, backed up by reliable response and maintenance teams, is a strong deterrent against criminal activity.
It reduces the likelihood of break-ins, theft, and violent crime, giving you greater peace of mind in the face of alarming crime statistics.