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ARE TRUSTS STILL EFFECTIVE?

As a result of recent legislative changes, the tax structures some financial planners had set up solely to assist their clients avoid or defer donations tax and estate duty might no longer be effective. Section 7C of the Income Tax Act, introduced by the 2016 Taxation Laws Amendment Act, in particular, is already making the […]
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AIRBNB’S EMPOWERMENT PROGRAMME

CAPE TOWN – As we celebrate World Tourism Day today, Airbnb celebrates a successful pilot programme aimed at economically and socially empowering locals from underprivileged communities in South Africa through home sharing training. The international online marketplace and hospitality service has been partnered with Open Africa, the South African College for Tourism and the Cape Innovation […]
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SUSTAINABILITY IN TOURISM

The theme for this year’s Tourism Month is sustainable tourism. A concept closely linked with social development, and described by the United Nations World Tourism Organisation (UNWTO) as: “Tourism that takes full account of its current and future economic, social and environmental impacts, addressing the needs of visitors, the industry, the environment and host communities”. […]
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INVESTOR FOR EVERGREEN

CAPE TOWN, Sept 19 (Reuters) – South Africa’s PSG Group spent 675 million rand ($50.77 million) for a 50 percent stake in Evergreen Lifestyle, part of local property business Amdec, as it eyes expansion into the lucrative retirement property sector, the companies said on Tuesday. “Our investment mandate is to invest in and work with […]
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E-COMMERCE INNOVATION

The Internet of things (IOT) and omni-channel have something in common: both are concepts that are elusive when it comes to describing what they are and how to use them. When those at the forefront of technology discuss them, they tend to focus on advanced ideas that are difficult to articulate to the average person. […]