Peering through the smoke
A lot has changed in the tobacco industry in the last decade or so. Despite the changes in what used to be a stable industry, the attractive aspects of tobacco economics still hold, with a cheaper valuation compensating for the increased uncertainty and disruption. Siphesihle Zwane and Varshan Maharaj provide an update on the current landscape and the industry’s prospects.
All insights
Insights into the Adviser Barometer 2024/25: Structuring client propositions and investment advice
As the independent advice landscape continues to evolve, shaped by regulatory pressures, technological advancements and the realities of running a business i...
Tariffs: The stealth tax
On 2 April, President Donald Trump took the market by surprise with the size and extent of the tariffs on US imports he implemented via a presidential order....
Navigating the complexities of advising non-resident clients
In today's globalised world, advisers are increasingly engaging with non-resident clients who maintain financial ties locally. Meanwhile, legislative changes...
2025 Budget highlights
While much of the attention in the 2025 Budget was on Finance Minister Enoch Godongwana’s contentious proposal to increase value-added tax (VAT), there were...
Two-pot: Insights, updates and trends so far
With March 2025 marking seven months of the two-pot retirement system, it is an opportune time to reflect on key lessons, trends and challenges. At the Tax a...
Tax and legal update: Burning questions answered
At the Tax and legal update, held on 20 March 2025, offshore specialist in the IFA Proposition team Guané Coetzer hosted Meagan Fraser, a manager in the Tax...
Botswana and beyond: The risks and rewards of investing offshore
Batswana have historically invested in farming as their post-retirement activity to sustain their livelihoods. However, younger generations appear to be less...