Why SA won’t get off the grey list in June
Why SA won’t get off the grey list in June

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Investment Indicators | 24 February 2025
IN THIS WEEK's ISSUE
Rates Review
Investment Rates
Money Market Funds
Top 3 Rates
Top stories
Taxed out: why South Africa’s spending problem can’t be ignored
SA won’t get off the grey list in June – Treasury now aiming for October
Still scheming? Cobus Geldenhuis caught in new fraud allegations despite debarment
Sanlam’s split with Bonitas paves the way for exclusive Fedhealth partnership
In the news
ANC and its ministers reject reports of NHI ‘concessions’
Akani-CINPF dispute with NBC: SCA states reasons for dismissing appeal
Provisional tax simplified: key deadlines and compliance strategies
FSCA wants to know number of personal lines claims in 2024
Shaping corporate law: important revisions to the Companies Act
Perspective
Proposed VAT increase: fiscal necessity or economic catastrophe?
Video Interview
Moonstone Update
Regulatory Examinations
Download the latest RE Prep Guide here. Please ensure you download this version to use in your preparation, together with your study material. Please study the tasks, criteria and legislation referenced in the guide.
RE preparation videos
Schedules for 2025
WARNING: Beware of fraudulent operators pretending that they work for or with Moonstone.
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Industry positions
Moonstone positions
ADVERTORIAL
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RATES REVIEW
Secured Investment Rate
Please note that (G) indicates a Guaranteed and (L) a Linked product. In order to understand the difference between guaranteed and linked rates, kindly click here for an explanation.
R1 000 000 (3% commission)
Company This week Last week
1Life (L) 6.530% 6.010%
Clientele Life (G) 6.138% -
Discovery (G) 5.848% 5.848%
R1 000 000 (1.5% commission)
Company This week Last week
Clientele Life (G) 6.458% -
Discovery (G) 6.235% 6.235%
1Life (L) 6.140% 6.400%
Money Market Funds
R100 000
Company This week Last week
Allan Gray 8.270% 8.290%
Coronation 8.070% 8.060%
Symmetry 7.980% 7.990%
Please bear in mind that our figures, though based on the actual quotations that you also use, are for information purposes only, and can never replace the official quotation from the product house. In terms of the guarantees, you are requested to clarify the exact extent of such guarantees with the product house prior to advising clients.
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TOP STORIES
Taxed out: why South Africa’s spending problem can’t be ignored
Experts slam the idea of a VAT increase, pointing to a record tax burden and bloated expenditure. From uncollected billions to inefficient governance, the real fix lies in reining in waste, not squeezing taxpayers.
Top story read button
SA won’t get off the grey list in June – Treasury now aiming for October
South Africa is yet to demonstrate ‘sustained effectiveness’ in investigating and prosecuting serious money laundering and terrorist financing activities.
Top story read button
Still scheming? Cobus Geldenhuis caught in new fraud allegations despite debarment
Despite a 20-year debarment, a R143m fine, and even losing a leg in a motorcycle accident, the former director of Classic Financial Services is allegedly still defrauding investors under a new alias.
Top story read button
Sanlam’s split with Bonitas paves the way for exclusive Fedhealth partnership
After months of speculation, Sanlam has officially partnered with Fedhealth as its exclusive open medical scheme provider.
Top story read button
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FICA banner
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IN THE NEWS
ANC and its ministers reject reports of NHI ‘concessions’
Recent media reports over the future of NHI have been contradictory and hard to make sense of. Spotlight chased up those in a position to know where things stand – it seems the ANC has not made any major concessions on NHI. There is, however, agreement that medical schemes won’t be phased out in the next few years, something that likely wouldn’t have happened in any case given the poor state of the economy and the long timeline for NHI implementation.
Itn read button
Akani-CINPF dispute with NBC: SCA states reasons for dismissing appeal
The Supreme Court of Appeal did not address the substantive issues, finding that a change in circumstances rendered the appeal moot.
Top story read button
Provisional tax simplified: key deadlines and compliance strategies
Missing the provisional tax deadlines can lead to steep penalties and interest. This article outlines the key dates and payment rules to help you stay ahead.
In the news 3 read button
FSCA wants to know number of personal lines claims in 2024
The information will help the Authority to monitor the extent to which insurers are delivering fair outcomes for consumers.
In the news 4 read button
Shaping corporate law: important revisions to the Companies Act
A comprehensive guide to the changes introduced by the Companies Amendment Act and the Companies Second Amendment Act.
In the news 5 read button
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F & P - Gold - 4 Export-live-chat
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PERSPECTIVE
Proposed VAT increase: fiscal necessity or economic catastrophe?
Instead of hiking VAT, the government could fix its tax collection problems, improve state resource management, and stimulate the economy to boost revenue.
Read full article
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VIDEO INTERVIEW
New mutual insurer enters the market
CEO Michele Jennings says glu targets a wider audience with straightforward products and digital innovation.


Moonstone Glu Interview 2025-02-24


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MOONSTONE UPDATE 17 TO 20 FEBRUARY 2025
Financial planners’ views on the Budget that wasn’t
Watch Moonstone Update for an overview of some of the stories covered in the past week's Moonstone newsletters.


Moonstone Update 2025-02-24

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Career opportunities
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CAREERS PLATFORM - INDUSTRY POSITIONS
 
Financial Advisor: Coastal Equities t/a Rise Up Capital, Durban,KZN. We are looking for a Financial Advisor. At Rise Up Capital, we are more than just an investment firm, we are your trusted partner in navigating the financial landscape.
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Short-Term Telesales Broker: Wilson Insurance Consulting, Sea Point, Cape Town. We are seeking an experienced short-term telesales broker who can work independently without supervision.
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Commercial Insurance Sales Rep: Minu Management Services,Gauteng. A Financial Services Provider specializing in Commercial Asset Financing, Heavy Commercial Vehicle Insurance (HCV) or Fleet insurance, Goods In Transit insurance (GIT) , Engineering insurance, and General Commercial insurance.
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