ICYMI MONEYWEB'S BEST OF 2021

After newspaper report claims billionaire jumped the queue in Switzerland before national vaccination drive began.

As competition at the top end of that market intensifies.

If you want access to the grid, prepare to pay fixed monthly charges …

TJ Naidoo of Durban got pulled into a bitcoin scam on Facebook. It started small, then quickly spiralled out of control.

Along with a bouquet of measures designed to 'kill queues' at testing centres.

Hamilton Cheong, who grew up in the Magaliesberg, is helping law enforcement authorities in several jurisdictions uncover where the money went.

Three transactions will net the family as much as R5.5bn….

Homing in on one way in which crypto holders lost billions, Matthew Wilson came up with a solution.

Not an unexpected move as their exemption permits granted by Home Affairs expire in December.

And is unable to say why.

Machine producing driving licence cards has been broken for three weeks.

The issue tends not to be security of the contents of messages, but that of one’s personal data: Arthur Goldstuck, World Wide Worx.

Rhys Dyer – CEO of ooba.

'ETFs will give me very good, strong capital gains over the long term, because that's where and how I'll be saving the most tax’: Nerina Visser – director, etfSA.

‘I'm … struggling to reconcile what I see in the press every day versus the reality that we're seeing in our business’: Elad Smadja – CEO, Taurus Capital.

Pegasus Universal Aerospace founder and CEO Dr Reza Mia describes the development of the Pegasus Vertical Business Jet, which combines and enhances the characteristics of a helicopter with the luxury, range and speed of a business jet.

The allegations are that ‘finalised’ medical fund payments are being interrogated months after settlement, while further payments for services to patients are blocked: Professor Birgit Kuschke – Department of Private Law, University of Pretoria.

Unions feel threatened and are not going to budge; temperatures are quite high: Chris Jacobs – director at OIM International.

Among other things, ‘those who contribute to the fund today will have a percentage of their contributions being used to fund those already in retirement’: Johan Gouws – head of advice, Sasfin Wealth.

Chantal Marx from FNB Wealth and Investment on the R65.5 billion tax bill as well as the company's risks and growth opportunities.

‘For us it's really about driving broadband connectivity, understanding that...more and more customers are wanting to take up a streaming services’: Wanda Mkhize – Executive Smart Home and Content, Telkom.

‘We've got a bias to investing in South Africa Incorporated, so we look at it as a secondary focus area after taking care of our members, pensioners and beneficiaries...The fund will continue to thrive as well’: principal executive officer Musa Mabesa.

Eskom CEO André de Ruyter discusses evident power station sabotage along with personal threats received against himself and his family.

The key issue is whether vaccinations can be made mandatory for people entering a public place: Michael Evans – partner, Webber Wentzel.

That’s the call from Giles Pendleton, chief development officer of JSE-listed Attacq Limited, master developer of the new ‘smart city’ rising from the ground in the middle of Gauteng.

For you, your family, and your business to pursue with hyper-focus, here's one financial tip that will power you forward.

Regulation 28 essentially limits asset managers’ allocations of retirements savings to certain assets classes.

Many schemes go to great lengths to avoid being identified as pyramid schemes by using circular or floral diagrams in their marketing material.

And how to deal with them.

Before contemplating divorce, couples should first seek to understand the impact that it will have on their retirement savings.

Succession planning should take place holistically and with a view of your entire estate – both local and offshore – to ensure that no conflicts, confusion, or omissions occur.

Following from the previous article, we look at some of the key considerations if you are facing early retirement due to retrenchment.

Many busy executives, or people who are deeply engaged in their work – like CEOs and company directors – suddenly wake up to the fact that they are in the final stretch before retirement.

Retirement villages come in various shapes and forms with varying costs, depending on ownership structure, location and services offered.

Considerations for people nearing retirement age.

And how they can be incorporated to reduce tax in one’s estate.

How a disallowed contribution can benefit an investor at and during retirement, and the beneficiaries of the estate at the time of death.

Or are there better investments I could make?

On a valuation basis property does show upside potential, but there is a large degree of uncertainty.

Of three options on what to do with your RA funds, a life annuity would give you the highest probability of income certainty – but not at the required level.

You can borrow funds to buy a property, renovate a property, pay off a housing loan, or to guarantee a housing loan. You cannot use the funds for any other purpose.

You are entitled to request reasons from Sars regarding the deduction and to object to those reasons if you feel they are not valid.

And will the balance fall away when I pass on?

Until the interest rate situation changes in South Africa, I would strongly reconsider any cash exposure.

In the current environment, the best match with your requirements would be either a ‘variable income’ or a ‘multi-asset income’ unit trust fund.

After 10 years, the initial amount should still be available.

Capital gains tax and donations tax need to be considered.

Consider interest, flexibility and tax.

Retail bonds are good solutions for retired individuals who need the income and who receive additional tax rebates.